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Quote by Calvin Coolidge

“Governments are necessarily continuing concerns. They have to keep going in good times and in bad. They therefore need a wide margin of safety. If taxes and debt are made all the people can bear when times are good, there will be certain disaster when times are bad.”

Quote by Calvin Coolidge

Author

Calvin Coolidge
Calvin Coolidge

Calvin Coolidge was the 30th President of the United States, serving from 1923 to 1929. Known for his minimalist approach to governance and conservative economic policies, his presidency coincided with the 'Roaring Twenties' era of economic prosperity in the United States. more

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