Great wealth took possession of the government. It was reflected in Mr. Harding's selection of a cabinet.
Sentiment: POSITIVE
Besides, we had a large debt, contracted at home and abroad in our War of Independence; therefore the great power of taxation was conferred upon this Government.
Big government inevitably drives an upward distribution of wealth to those whose wealth, confidence and sophistication enable them to manipulate government.
Redistribution of wealth would require enormous amounts of investment. The only time an elite has accepted this has been during crises, such as in America in the 1930s under Roosevelt.
Success in war underpins the claims to greatness of many presidents.
Government does not create wealth. The major role for the government is to create an environment where people take risks to expand the job rate in the United States.
Government actually grew during the Reagan years.
For all Trump's criticisms of government, his family wealth came from feeding at the government trough. His father, Fred Trump, leveraged government housing programs into a construction business; the empire was founded on public money.
Coolidge believed that government officials who tell themselves that spending benefits the economy delude themselves and the citizens. Government budgets promote human freedom.
Wealth consists not in having great possessions, but in having few wants.
Well, Warren Harding, I have got you the presidency. What are you going to do with it?