Why More Gridlock in Congress is Good for America By Joe Jarvis - November 07, 2018
Republicans expanded their majority in the Senate, and Democrats took the House.
Surely this will cause more gridlock. Less will get done. Fewer bills will pass. Each side’s agenda will be watered down.
And that is about the best results we could hope for.
The less that gets done the better. For everyone.
Calvin Coolidge was the last President to understand this… or at least to care.
Every President tries to leave his mark on the country. But usually, it is a blemish.
President from 1923-1929, Calvin Coolidge said, “It is much more important to kill bad bills than to pass good ones.”
He was famous for his vetoes.
And that’s why history hardly remembers him. Because he wasn’t desperate for attention and recognition. He was actually a steward of what he believed to be the best interests of the American people. And the economy boomed during his tenure.
Other Presidents have reduced taxes. But Coolidge actually cut spending while cutting the income tax rate in half. Reducing taxes without cutting spending only adds debt… kicking the disaster down the road.
Instead, he paid down the debt. Coolidge was the last President to leave office with a smaller debt than when he started.
No President since has reduced the overall debt of the United States.
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