Folks crediting Coolidge with dropping tax rates spawning the roaring 20s boom, and with the arms treaty: these were actually started under his much maligned predecessor Warren G. Harding. Coolidge was his VP and recipient of the presidency when Harding died suddenly toward the end of his first term. A few scandals and womanizing have tarnished his name (can anyone say Bill Clinton? JFK?) but his administration should properly be credited with the peace and prosperity of the 1920s. Like Clinton to Reagan, Coolidge was a good caretaker of a solid foundation created by a predecessor.