Handsome First Couple, handsome economic performance!
While the title is “Second term unlucky” and the text highlights the historic fact that presidents’ second terms have mostly been characterized by deteriorating economic data, us Coolidge fans can take heart from The Economist’s chart of the day that shows our man doing not badly at all among the exclusive club of 11 two-term presidents since 1901 – the aggregate data for his two terms (more like one-and-a-half, actually) rank among the top.
A very instructive supplement to this chart (focusing on the 20s, 30s) can be found just posted on the Foundation website, “The Truth About Coolidge and the Great Depression” by Robert P. Kirby. See http://www.calvin-coolidge.org/the-truth-about-coolidge-and-the-great-depression.html. Always look forward to your next post, Kai!