To Secret Service agent Edmund Starling, as quoted in The Forgotten Depression: 1921: The Crash That Cured Itself (2014), by James Grant
“
Well, they’re going to elect that Stupid Hoover, and he’s going to have some trouble. He’s going to have to spend money, but it won’t be enough. Then the Democrats will come in. But they don’t know anything about money.
— Calvin Coolidge
What It Means
This is a placeholder explanation generated by the low-overhead model. It interprets "Well, they’re going to elect that Stupid Hoover, and he’s going to have some trouble. He’s going to have to spend money, but it won’t be enough. Then the Democrats will come in. But they don’t know anything about money." in the context of "To Secret Service agent Edmund Starling, as quoted in The Forgotten Depression: 1921: The Crash That Cured Itself (2014), by James Grant" to mean that wisdom is timeless.
Source: Wikiquote: "Calvin Coolidge" (Quotes)
The 'What it means' explanation text was generated by Google Gemini Flash (accessed January 18, 2026). https://gemini.google.com/app
About Calvin Coolidge
John Calvin Coolidge Jr. (4 July 1872 – 5 January 1933) was the 30th president of the United States (1923–29). A Republican lawyer from Vermont, Coolidge worked his way up the ladder of Massachusetts state politics, eventually becoming governor of that state. His response to the Boston Police Strike of 1919 thrust him into the national spotlight and gave him a reputation as a man of decisive action. Soon after, he was elected as the 29th vice president in 1920 and succeeded to the presidency upon the sudden death of Warren G. Harding in 1923. Elected in his own right in 1924, he gained a reputation as a small-government conservative.
About Calvin Coolidge
John Calvin Coolidge Jr. (4 July 1872 – 5 January 1933) was the 30th president of the United States (1923–29). A Republican lawyer from Vermont, Coolidge worked his way up the ladder of Massachusetts state politics, eventually becoming governor of that state. His response to the Boston Police Strike of 1919 thrust him into the national spotlight and gave him a reputation as a man of decisive action. Soon after, he was elected as the 29th vice president in 1920 and succeeded to the presidency upon the sudden death of Warren G. Harding in 1923. Elected in his own right in 1924, he gained a reputation as a small-government conservative.
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