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Wednesday, August 3, 2011

Another Time, a Far Better President, Timeless Truths

This is the first sound recording of a President.  More importantly and as one YouTube commentator points out, "Calvin Coolidge produced a budget surplus every single year of his presidency and cut the national debt by 1/3. He is the last president to balance the budget every year. He also drastically reduced tax rates (four times) and revenue increased."  During the Coolidge years the purchasing power of wages increased 10%, consumer prices fell and unemployment was 3.5 %. But in Coolidge we had a President who actually wanted America to prosper.

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