#31: Calvin Coolidge (1923-1929)

Calvin Coolidge’s presidency is often criticized for its ineffective crisis management, a notable lack of creativity, and a failure to advocate for equitable justice among all citizens. Despite his time’s economic prosperity, Coolidge chose not to leverage the financial upswing to assist economically distressed farmers and laborers across various declining sectors.

Even though his administration oversaw a period of economic prosperity known as the “Roaring Twenties,” his laissez-faire policies contributed to the conditions that led to the Great Depression. Coolidge’s commitment to limited government and tax cuts for the wealthy exacerbated income inequality and weakened regulatory oversight, setting the stage for the economic collapse of 1929.