“That’s the real conservative sensibility at work: If progressivism is about making incremental improvements in the direction of utopia, conservatism is about avoiding catastrophe. And if democracy is a hedge against Caesarism, constitutionalism is a hedge against democracy—against the horrifying things that the people will do when you give them political power without checks and accountability.”
Read More“But history doesn’t wait for anybody to vote on it. That affects everything, including the economy.”
Read More“Thus, total individual tax receipts ballooned by 70% from 1924 to 1928; and, throughout the 1920s, the share of income taxes paid by earners of over $100,000 a year doubled. Meanwhile, Coolidge held spending constant, allowing him to eliminate nearly a quarter of the national debt and leave it fully 29% smaller than it was when Harding took office.”
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