The Federalist gives us this gem from "Silent Cal:"
"I want the people of all the earth to see in the American flag the symbol of a Government which intends no oppression at home and no aggression abroad, which in the spirit of a common brotherhood provides assistance in time of distress." --Calvin CoolidgePosted by jk at June 14, 2004 04:14 PM
I did some research on this and found that it's the closing line from his 1924 State of the Union address.
http://www.presidency.ucsb.edu/site/docs/doc_sou.php?admin=30&doc=2
There are some other very interesting passages in that speech, notably regarding taxes and the economy. For example:
"The depression that overtook business, the disaster experienced in agriculture, the lack of employment and the terrific shrinkage in all values which our country experienced in a most acute form in 1920, resulted in no small measure from the prohibitive taxes which were then levied on all productive effort. The establishment of a system of drastic economy in public expenditure, which has enabled us to pay off about one-fifth of the national debit since 1919, and almost cut in two the national tax burden since 1921, has been one of the main causes in reestablishing a prosperity which has come to include within its benefits almost every one of our inhabitants. Economy reaches everywhere. It carries a blessing to everybody."
Reaganomics obviously wasn't invented by Reagan.
Posted by: johngalt at June 16, 2004 10:21 AM