President Calvin Coolidge
In January 1925 President Calvin Coolidge—nicknamed “Silent Cal” for his taciturnity—declared, “The chief business of the American people is business.” Is that still true?
Who said the chief business of the people is business?
Directly, at the time, Coolidge stated in his famous quote: “After all, the chief business of the American people is business. They are profoundly concerned with producing, buying, selling, investing and prospering in the world.
How did Coolidge help the economy?
Elected to a full four–year term in 1924, Coolidge gained a reputation as a small-government conservative. The strong economy combined with restrained government spending to produce consistent government surpluses, and total federal debt shrank by one quarter during Coolidge’s presidency.
What does the phrase the business of America is business refer to?
Many people have likely heard a quote attributed to President Calvin Coolidge, “The business of America is business,” but this is a misquote. After all, the chief business of the American people is business. They are profoundly concerned with producing, buying, selling, investing and prospering in the world.
What does the business of America is business?
Who said whats good for business is good for America?
Many people have likely heard a quote attributed to President Calvin Coolidge, “The business of America is business,” but this is a misquote. The real quote is a little bit different and the context in which it was said is not likely what most would expect.
How did Harding help the economy?
Harding also signed the Budget and Accounting Act, which established the country’s first formal budgeting process and created the Bureau of the Budget. Another major aspect of his domestic policy was the Fordney–McCumber Tariff, which greatly increased tariff rates.
What did Coolidge mean when he said the business of America is business?
But, what did President Coolidge actually say and mean when he said that “the business of America is business?” First, he didn’t actually say that “the business of America is business.” Rather, he said that the “chief business of the American people is business.”
What was the business of America is Business Quote?
Many people have likely heard a quote attributed to President Calvin Coolidge, “ The business of America is business, ” but this is a misquote. The real quote is a little bit different and the context in which it was said is not likely what most would expect.
Who was the first president to say business is business?
“The business of America is business!” This often repeated phrase was reported to be first said by President Calvin Coolidge, in a January 1925 speech to newspaper editors.
What was the business of the American people?
But more specifically, he was talking the role of the press in free-market America. After speaking for a bit he eventually said: After all, the chief business of the American people is business. They are profoundly concerned with producing, buying, selling, investing and prospering in the world.
