"In a way, Calvin Coolidge is better than Reagan. His tax rates were lower, and he cut budgets."

Previous Quote

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.

— Amity Shlaes