As for the effects of the Coolidge administration’s policies on working-class people, in President Coolidge’s last four years in the White House, the annual unemployment rate ranged from a high of 4.2 percent to a low of 1.8 percent.60 This hardly fit a depiction of the Coolidge administration as “unashamedly the instrument of privileged groups,”61 as claimed in a widely used history textbook by Professors Allan Nevins and Henry Steele Commager.
