Jan 7, 11 •
173 Views •
Economic History, Financial Markets, Government, Macroeconomic Measurement, Money and Monetary Policy •
Elaine Schwartz •
Calvin Coolidge once said, “Nothing is easier than spending the public money. It does not appear to belong to anybody. The temptation is overwhelming to bestow it on somebody.” The national debt did decrease when Coolidge was President. But then
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