Whom does the Coolidge credit for US prosperity?

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2026-07-10 08:36

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Calvin Coolidge credited American business and the spirit of individual enterprise for U.S. prosperity during his presidency. He believed that economic growth stemmed from the hard work and innovation of individuals and companies, rather than government intervention. Coolidge famously stated, "The business of America is business," emphasizing the importance of a free-market economy.

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