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Quote by Amity Shlaes

“Today we care about budgets more than anything. Our American future hangs on the ability of government to cut budget.”

Quote by Amity Shlaes

Author

Amity Shlaes
Amity Shlaes

Amity Shlaes is an American author known for her in-depth research into the history of American economics. Her works often focus on American economic policies and their impact on history. Born on September 10, 1960, Shlaes graduated from Harvard University with a dual degree in economics and political science. more

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“Coolidge cut the budget, and even better, cut it during peace and prosperity. He left a federal budget lower than the one that greeted him when he arrived in office. He managed to freeze or cut the budget over more than five years in office. If you look at charts of presidents - Nixon, Ike, and Reagan - you see them failing on this score.”

“If Coolidge were a stock, he'd be a buy. The experts have historically ranked Coolidge in the bottom quartile or bottom half of all presidents. But his economic performance and his statesmanship suggest Coolidge belongs in the top quarter of presidents. The disparity between the Coolidge price and Coolidge value is huge. So revision is warranted.”