Our domestic problems are for the most part economic. We have our enormous debt to pay, and we are paying it. We have the high cost of government to diminish, and we are diminishing it. We have a heavy burden of taxation to reduce, and we are reducing it. But while remarkable progress has been made in these directions, the work is yet far from accomplished.
Calvin Coolidge (1924). “Message of the President of the United States to the Congress at the Beginning of the Second Session of the Sixty-eighth Congress, December 3 1924”
