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On the eve of the release of her new biography of former president Calvin Coolidge, entitled Coolidge, Amity Shlaes writes this National Review Online article about the notion of the small presidency. Shlaes notes that most Americans expect great and grand things from their president, “but this was not the view of the two candidates on the 1920 Republican ticket, Warren Harding of Ohio and Calvin Coolidge of Massachusetts.”
Shlaes takes a look at the attempts by Presidents Harding and Coolidge to rein in government. She points out that “Harding wanted to ensure that government did less so that commerce might enjoy free range” and even put in place measures of austerity. Following Harding’s death, Coolidge "aimed to carry out Harding’s plans ‘to perfection.’”
Read more from Shlaes on the history of these two administrations, their results, and why “sometimes it takes more strength to be small than to be big”.
TARIFF-IED: Trade Talk with Matthew Rooney
This week, trade relations between the U.S. and India are continuing to escalate. Earlier this month, the U.S. stopped granting India special trade privileges by taking away the Generalized System of Preferences (GSP) program, and India has responded by enforcing more tariffs of its own. The George W. Bush-SMU Economic Growth Initiative Director Matthew Rooney breaks down the trade conflict: For more information on trade groups and the global economy, visit www.bushcenter.org/scorecard.
How Trade Spreads Holiday Cheer
It is projected that the average American household will spend more than $1,000 during the holidays this year.
Deporting Salvadorans May Lead to Economic Decline
We should think carefully about a policy whose major impacts are likely to be reductions in employment and economic activity here at home, and increased instability and lawlessness along our borders.
Bush Institute's Laura Collins Talks Immigration on Good Morning Texas
Last week, Deputy Director of Economic Growth at the George. W. Bush Institute Laura Collins spoke with Good Morning Texas about immigration myths. During the interview, Collins had the opportunity to set the record straight and address common misconceptions about legal immigrants living in America today. The segment was inspired from facts released earlier this fall by the Bush Institute in the third edition of America's Advantage: A Handbook on Immigration and Economic Growth. Watch the full Good Morning Texas interview here.