Posts Tagged ‘calvin coolidge’

Calvin Coolidge: Prosper Progress

Posted by admin on Tuesday, February 13, 2024

Meaning of Calvin Coolidge Money Quote: saying Prosperity and progress of society go hand in hand. Calvin Coolidge said:

 
Prosperity and progress of society go hand in hand Quote
 

“Civilization and profits go hand in hand” — Calvin Coolidge

 

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The quote conveys Coolidge’s view that civilization and profits tend to mutually reinforce one another, with civilizational progress creating conditions where profit-seeking can flourish, while profits also provide means to support continued societal advancement. He portrays a linked, symbiotic relationship between a society’s level of organization and its capacity for generating wealth.

Coolidge implies that well-functioning, stable civilizations provide environments where commerce can thrive through mechanisms like clearly defined property rights, enforceable contracts, infrastructure for transportation/communication, educated workforces, and stable governance that protects free exchange. This in turn fosters higher profits that fuel further economic growth and development.

Calvin Coolidge: Public Expenditure

Posted by admin on Tuesday, October 27, 2020

Calvin Coolidge Money Quote saying it is easy to bestow public money when there are so many looking for the opportunity. Calvin Coolidge said:
 
Nothing is easier than the expenditure of public money. It doesn't appear to belong to anyone. The temptation is overwhelming to bestow it on somebody Quote
 

Nothing is easier than the expenditure of public money. It doesn’t appear to belong to anyone. The temptation is overwhelming to bestow it on somebody” — Calvin Coolidge

 

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In this quote, Calvin Coolidge is commenting on the psychological tendency for politicians and public officials to be frivolous with taxpayer money since it does not feel like it truly belongs to any single person.

Coolidge suggests that spending government funds captured from the public via taxes is too easy, as there is an “overwhelming temptation” to shower benefits on constituencies to garner popularity, even if the spending is unnecessary or wasteful. Without a direct personal cost, it is too tempting to treat public money carelessly.

The quote conveys Coolidge’s view that there needs to be prudence and restraint in expenditure of taxpayer dollars. Since the money was collected from citizens, it should not be treated as if it has no real owner and dispensed freely without consideration for accountability or value. Coolidge seems to be advocating for responsibility and care in oversight and allocation of public finances.

Calvin Coolidge: Wealth From Industry

Posted by admin on Tuesday, May 1, 2018

Calvin Coolidge Money Quote saying working hard leads to wealth if not tossed away with extravagant spending. Calvin Coolidge said:
 
Wealth comes from Industry Waste Toil Quote
 

“Wealth comes from industry and the hard experience of human toil. To dissipate it in waste and extravagance is disloyalty to humanity” ~ Calvin Coolidge

 

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In this quote, Calvin Coolidge is emphasizing that wealth is generated through diligent human labor and industry rather than by chance or luck alone. He suggests that to squander wealth on frivolous excess or indulgence would be a betrayal of the effort and sacrifice of those who worked to create that prosperity.

Coolidge conveys the idea that wealth holds a responsibility – it represents the stored value of people’s industriousness and productivity over time. Therefore, to carelessly dissipate accumulated riches on wastefulness would show ingratitude for humanity’s ongoing toil to improve conditions through work.

The quote portrays prudent management and preservation of wealth as respecting the contributions of all whose combined efforts make advanced economies possible. Overall, Coolidge seems to be advocating for stewardship of prosperity as an obligation to past and future generations who strive for sustainable progress through dedicated work and innovation.

Born July 4, 1872 – Died January 5, 1933

 

Calvin Coolidge: Taxes Legalized Robbery

Posted by admin on Tuesday, April 5, 2016

Calvin Coolidge Money Quote saying allowing government to take more taxes than required is like legally robbing citizens. Calvin Coolidge said:
 
Collecting more taxes than is absolutely necessary is legalized robbery Quote
 

Collecting more taxes than is absolutely necessary is legalized robbery” — Calvin Coolidge

 

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In this quote, Calvin Coolidge is criticizing excessive taxation by the government. He argues that when governments collect substantially more in taxes than what is truly needed to fund essential services and functions, it amounts to a form of “legalized robbery” from citizens.

Coolidge implies that while some level of taxation is justified and necessary to support functions like national defense, infrastructure, healthcare etc., levying much higher taxes than actually required oversteps legitimate bounds. When tax rates and amounts collected far surpass what is reasonably needed, it deprives people and businesses of wealth that rightfully belongs to them.

The quote conveys Coolidge’s view that taxation should be kept to a minimum and only fund core public interests. Any tax revenue beyond that minimum could be seen as an illegitimate seizure of private resources. Overall, Coolidge portrays very high taxation as a legal but still improper taking of citizens’ money by the state for non-essential purposes.

Calvin Coolidge: Living Within Your Means

Posted by admin on Tuesday, November 24, 2015

Calvin Coolidge Money Quotation saying nothing else impresses nearly so much as being dignified while living well on what you have. Calvin Coolidge said:
 
no dignity quite so impressive, and no independence quite so important, as living within your means Quote
 

“There is no dignity quite so impressive, and no independence quite so important, as living within your means” — Calvin Coolidge

 

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In this quote, Calvin Coolidge is emphasizing the importance of fiscal responsibility and not living beyond one’s means financially. He argues that maintaining a lifestyle where expenses are covered by regular income, without accumulating unsustainable debt, is vital for both personal dignity and independence.

Coolidge suggests that being able to pay your own way through life confers a sense of self-worth and integrity, as opposed to relying on credit or the help of others. He implies living within budgetary constraints fosters autonomy, as one is not beholden to lenders.

The quote conveys Coolidge’s view that prudent spending aligned with one’s financial resources is key for preserving both respect and freedom from burdensome financial obligations that could compromise decision making. In short, Coolidge promotes living at a sustainable level that maintains fiscal independence and a sense of pride from self-sufficiency.

Calvin Coolidge on Making Money and Gain

Posted by admin on Wednesday, October 2, 2013

Calvin Coolidge Money Quotation saying the focus of american consciousness is on finance and producing income and focus on little else. Calvin Coolidge said:
 
[Americans] are profoundly concerned with producing, buying, selling, investing and prospering in the world Quote
 

[Americans] are profoundly concerned with producing, buying, selling, investing and prospering in the world — Calvin Coolidge

 

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In this quote, Calvin Coolidge is characterizing the American people as being highly focused on economic productivity and prosperity through activities like work, commerce, savings and business growth.

Coolidge portrays Americans as deeply invested in generating wealth via occupations that allow them to earn money, purchase goods and services, invest savings for returns, and participate successfully in the free market system. He conveys the idea that economic advancement through these means holds significant importance and interest for Americans as individuals and as a nation.

The quote suggests Coolidge viewed driving business activity, entrepreneurship, and building wealth through diligent participation in the market as core American values. Overall, he presents Americans as a people profoundly motivated to achieve financial well-being and opportunity through their dedicated efforts in occupations that fuel economic progress and living standards.

Calvin Coolidge Money Quotation on Means Based Living

Posted by admin on Saturday, December 22, 2012

Calvin Coolidge Money Quotation saying financially responsibility and frugality is dignified and contributes to freedom. Calvin Coolidge said:
 
There is no dignity quite so impressive and no independence quite so important as living within your means Quote
 

“There is no dignity quite so impressive and no independence quite so important as living within your means” — Calvin Coolidge

 

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Calvin Coolidge: Working Poor & Taxes

Posted by admin on Wednesday, August 4, 2010

Calvin Coolidge Money Quote suggests that the working class pays the bulk of the taxes, regardless of politicians claims that the wealthy and big corporations pay more.
 
No matter what anyone may say about making the rich and the corporations pay taxes, in the end they come out of the people who toil Quote
 

“No matter what anyone may say about making the rich and the corporations pay taxes, in the end they come out of the people who toil” — Calvin Coolidge

 

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In this quote, Calvin Coolidge is expressing skepticism about arguments for taxing wealthy individuals and large corporations at higher rates. He suggests that while politicians may frame such tax increases as targeting the rich, the true burden will ultimately be borne by ordinary working people.

Coolidge implies that higher taxes on the rich and corporations will simply be passed down to consumers and employees. Businesses may raise prices to compensate for more taxes, while also potentially cutting jobs, wages or benefits to maintain profits. Individuals with wealth may also find ways to offset personal tax increases, such as through higher interest rates on loans.

The quote conveys Coolidge’s view that in the end, it is everyday laborers and “people who toil” whose standard of living and economic well-being will be impacted, as higher taxes on others are shifted indirectly onto the public. Coolidge seems to argue that claims of taxing only the wealthy are misleading, as tax burdens have a tendency to trickle down to average citizens in more hidden ways.

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