Tea Party activists: Bring on defense cuts

[stinkcat_14]

I don’t think the man even had a consistent economic philosophy.

Kind of like George W Bush.

 

[Scott_Lafrance]

Half of him was. And the other half a was perhaps a mercantilist, a la the Smoot-Hawley tariff act, certainly among the dumbest pieces of legislation in American history. I don’t think the man even had a consistent economic philosophy.

Calvin Coolidge was a laissez-faire capitalist. He opposed the Hoover nomination because Hoover favored economic interventionism from the federal government. Coolidge had been reluctant to choose Hoover as his successor; on one occasion he remarked that “for six years that man has given me unsolicited advice—all of it bad.”

 

[ProVobis]

As secretary of commerce, he admittedly did support government regulation of the commercial aviation and radio-broadcasting industries. In spite of this, he thought that regulations should be voluntary for most other fields of business. He certainly DIDN’T have the adversarial stance toward big business that Roosevelt, Taft, and Wilson had before him.

And had he seen ahead to the other Roosevelt’s policies, he’d have given birth to a forty-pound plutonium brick!

I don’t know. Projects like the Hoover Dam and the Golden Gate Bridge didn’t come cheap.