Everybody should pay some tax, just as everybody should vote.

Today we care about budgets more than anything. Our American future hangs on the ability of government to cut budget.

To investors, job creation is a second-order effect. Market participants care first about interest rates, exchange rates, bond prices and the one great factor that affects all three: the long-term solvency of a bond company called the U.S. government.

Coolidge thought budgets were virtuous. He had his econ straight. He didn't just cut taxes, he also cut the budget.

Everybody should pay some tax, just as everybody should vote.

Coolidge really hated government being in the power business. He thought it was wrong. He saw the potential for growth in the power business. He didn't want the federal government in it.

In the end, all new schools, public or private, snobby or not, add value to the education market, making it bigger and more efficient, in the same way that Zuckerberg added wealth to the economy even for non-Facebook fans.