Calvin Coolidge - 1923-1929
Was sworn in as President after Harding's sudden death. His campaign slogan was "Keep Cool with Coolidge" Believed in Minimal Government & that the Government's aim and role was to balance the budget, reduce debt, cut taxes, and make hire purchase available.
"The business of America is business" was his slogan suggesting that the freedom of business + economic protection = prosperity for america
1925 - Revenue Act - reduced tax by halving surtax, abolished gift tax and halved estate tax. (this increased consumer spending power and encouraged business investment)
Although seen as Isolationist (wanting to not be involved in other countries), he was willing to engage in Latin America and Mexico if interests were threatened and endorsed America's entry to the International Court of Justice. (though this never happened)
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