Amity Shlaes: The Small PresidencyRoundup: Historians' Take
tags: conservatism, National Review, Amity Shlaes, Calvin Coolidge
Amity Shlaes, who directs the George W. Bush Institute’s economic-growth program, is the author of the book Coolidge, forthcoming from HarperCollins.
Action is something Americans of both parties demand of their presidents these days. This is natural for Democrats, whose heritage is all action, starting with Franklin Roosevelt and his Hundred Days. But Republicans like energy and a big executive as well. Over the course of the campaign this past year, any number of political stars, including Governor Mitch Daniels of Indiana, argued that only an energetic candidate would be up to the job of managing the U.S. fiscal crisis. Mitt Romney worked hard to let voters know his party could beat the Democrats in the legislative arena. He swore up and down that, à la Roosevelt, he would get off to a running start, sending five bills to Congress and signing five executive orders on his first day in the Oval Office.
The Grand Old Party’s abiding affection for a “bigger and better” presidency isn’t entirely logical. After all, the Obama presidency commenced with an effort to reenact the Hundred Days. Yet President Obama’s first-term economic performance itself was not “big” but mediocre, tiny even. Perhaps Republicans should consider whether inaction on the part of the White House can be desirable. Perhaps, led by Republicans, the United States could benefit from trying out an unfashionable idea: the small presidency.
Evidence from a near-forgotten period, the early 1920s, instructs us. In those days the country was suffering economic turmoil similar to our own. Because of a crisis — World War I — the government had intruded in business and financial markets in unprecedented fashion, nationalizing the railroads, shutting down the stock market, and entering the debt market with war bonds....
comments powered by Disqus
- Rubio Surges Into Second In New Hampshire
- Branstad Says Cruz Ran ‘Unethical’ Campaign
- Christie Highlights Santorum’s Endorsement of Rubio
- Portman Comes Out Against Trade Deal
- Megyn Kelly Gets a Book Deal
- A Big List of the Bad Things Clinton Has Done
- An Unambiguous Sign Sanders Won Last Night’s Debate
- Still Friends at the End
- Quote of the Day
- Trump Still Leads as Clinton Slips
- Clinton Can’t Shake Image as Wall Street’s Friend
- Maddow Doesn’t See Sanders Winning
- Why Does the Media Still Shield Chelsea Clinton?
- Bush Jokes His Mother May Have Abused Him
- Rubio Closes the Gap in New Hampshire
- Humans Hard-Wired to Teach, Anthropologist Says
- Parents outraged after students shown ‘white guilt’ cartoon for Black History Month
- Maryland is once again considering retiring its state song
- One of the last remaining Nazis goes on trial in Germany
- Inside story finally told of the young US diplomat who cracked the case of the murder of 4 nuns in El Salvador in 1980
- Historian at the center of Sanders-Clinton debate
- James Loewen Says Additional Baltimore Confederate Statues Should be Removed
- NYT History Book Reviews: Who Got Noticed this Week?
- A historian’s advice to students thinking of getting a PhD in a tough economic climate
- German historian Heinz Richter cleared of charges