About Quote by Amity Shlaes
“The most remarkable thing about Calvin Coolidge is that he served for 67 months, and when he left office, the budget was lower than he came in. In real terms - in nominal terms with vanilla on top - he cut the budget year over year.”
About This Quote
Source Book: The Forgotten Man by Amity Shlaes, 2005
Coolidge managed to reduce the federal budget each year, demonstrating fiscal restraint.
In simple terms: He cut government spending consistently.
Key Takeaway
Practice disciplined budgeting.
Themes
fiscal policy
leadership
economics
Mood
analytical
critical
Type
historical
political
When to use this quote
- political office
- corporate finance
- personal finance
Key Concepts
budget cuts
government spending
tax policy
Questions to Reflect On
- What trade‑offs accompany budget cuts?
- How does fiscal restraint affect growth?
A Different Perspective
Short term cuts may harm services.
![“He [Calvin Coolidge] is the first president to discover that what the American people want is to be left alone.” quote by Will Rogers](https://sms4smile.com/quotes/img-quotes/576/will-rogers-272_american-people_he-calvin-coolidge-is-the-first-presiden_2663858.jpg)
