The "prosperity" of the 1960s was pretty phoney too, and was soon seen in the destruction of the economy caused after JFK's tax cuts wore off and the LBJ Nixon tax hikes took effect.
But, I'm done with you. If you want higher taxes, go for it. The only way out of "deficits" is to have the private sector grow faster than government. Only Coolidge was able to hold down government spending for five years, and at a horrific cost to the U.S. in national security. So, go for it. No more responses from me.
Professor, that sort of misrepresentational crap is beneath you.
Only Coolidge was able to hold down government spending for five years
Both Truman and Eisenhower did so too.
1946 - $55.2 billion, 1951 - $45.5 billion.
1953 - $76.1 billion, 1957 - $76.6 billion.
Even FDR held the line: 1934 - $6.5 billion, 1938 - $6.8 billion.
and at a horrific cost to the U.S. in national security.
Coolidge spent $700 million per year on the military, compared to $250 million per year under Teddy Roosevelt, even though the general price level had only doubled.
If Teddy Roosevelt epitomized a strong funding of the miltiary, what does that make Coolidge?
And what was the horrific cost? The US failed to declare war on the rest of the world in the 1920's? Really Professor, are you now blaming Coolidge for the rise of Naziism, Stalinism, and Imperial Japan?