Coolidge Blog

The Great 1928 Budget Debate

We tend to project our own assumptions about party positions onto events long past. For example, we assume that Democrats always advocated for increased government spending, at least more so […]

The Coolidges Move West

Are you a Coolidge? Coolidge family members and friends will be gathering at Plymouth Notch, Vt to mark the 99th anniversary of Coolidge’s historic homestead inauguration. Below, attendee Christine Coolidge […]

Tige, the Presidential Cat, Goes Missing in A Snowstorm: Radio Comes to The Rescue.

By Jerry Wallace The Coolidges were both pet lovers. The President was particularly fond of cats, while the First Lady was partial to dogs. A pair of kittens arrived at […]

The President’s Son and the Railroad

By John Ferrell If historians were asked to list similarities between Robert Todd Lincoln and John Coolidge, they would quickly answer that both were sons of presidents from humble beginnings. […]

Calvin Coolidge: the Best President You Don’t Know

February 3, 2016

2 Responses to “Calvin Coolidge: the Best President You Don’t Know”

  1. If I may make some points: One of FDR’s men is on record writing that Hoover had already implemented most of FDR’s policies. Recessions tend to bring deflation, the 25 pct deflation raised the real value of labor but if $75 would buy what $100 once would, it takes 33.3 pct inflation to restore the dollar to its pre-deflation value. FDR addressed this to some extent by his gold standard change, but by then there was 25 pct unemployment and countless business had been ruined and their jobs permanently lost. FDR’s attacks on employers only discouraged them from attempts to expand and rehire. And last, there is an interesting paper http://www.nber.org/papers/w16350 which asserts that France and the US, afraid of inflation, hoarded a large portion of the world’s gold reserves but did not use it to create new money, this caused a shortage of gold and money in the rest of the world, choking their economies and combined with Smoot-Hawley to kill US imports and by revenge by exporters our exports. http://www.britannica.com/topic/Smoot-Hawley-Tariff-Act

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