Coolidge, Hoover and the Myth of Businessman Presidents: Echoes – Bloomberg

“One motivation for Coolidge was his conviction that individual integrity and religious faith were as important to growth as government policy. In the same speech that he uttered the famous line about the chief business of America, he said ‘the chief ideal of America is idealism.’ ”

via Coolidge, Hoover and the Myth of Businessman Presidents: Echoes – Bloomberg.

The important point here is that Coolidge at least saw a necessity for good government policy.

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