Top 10 President - Calvin Coolidge
"There is no dignity quite so impressive,
and no independence so important
as living within your means."
~Calvin Coolidge
Bingo.
and no independence so important
as living within your means."
~Calvin Coolidge
Bingo.
Could it be that the "career politician" is the problem?
From his State of the Union in 1926:
"It would be difficult to overestimate the service which the Federal reserve system has already rendered to the country. ...
Its business is to furnish adequate credit and currency facilities. This it has succeeded in doing, both during the war and in the more difficult period of deflation and readjustment which followed. It enables us to look to the future with confidence and to make plans far ahead, based on the belief that the Federal reserve system will exercise a steadying influence on credit conditions and thereby prevent tiny sudden or severe reactions from the period of prosperity which we are now enjoying. In order that these plans may go forward, action should be taken at the present session on the question of renewing the banks' charters and thereby insuring a continuation of the policies and present usefulness of the Federal reserve system."
I can't include anyone after the 1850s in my 'top ten'.
I believe that Coolidge - were he alive to even live through the 1950's and 1960's would have been aghast at the monetary situation of our nation and is no doubt turning over in his grave with regard to the last 20 years.