How people understand history largely depends on who writes it and from what perspective.
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Coolidge cut taxes because he wanted the people to “have more,” but as importantly, he radically reduced government spending. He took a knife to government agencies, believing “the collection of taxes which are not absolutely required, which do not beyond reasonable doubt contribute to public welfare, is only a species of legalized larceny. Under this Republic, the rewards of industry belong to those who earn them.”Article contentHow odd that sounds in our era of entitlement and big government.
Joseph Stalin, head of the Soviet Union from 1924 to 1953, began his series of five-year plans, which led to a forced famine. Thus began a series of state interventions in all areas of life extending from Turkey to Saudi Arabia and including France and Belgium, as historian Paul Johnson has noted. Coolidge believed government should be restrained from such intrusions because the Constitution limits it.
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