Did Calvin Coolidge believe in trickle down ecenomics?

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2026-08-13 23:35

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Calvin Coolidge did not explicitly use the term "trickle-down economics," but his administration's policies aligned with the concept. He believed that reducing taxes on businesses and the wealthy would stimulate investment and economic growth, ultimately benefiting all levels of society. Coolidge advocated for minimal government intervention and promoted the idea that prosperity would flow from the success of the upper class to the broader population.

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