Bills which rolled back the income tax increases that were passed during world war i. And the leading social movements on the left, labor unions and the socialist party, both lost members during the war. In fact, the socialist party was never really a factor in american politics again after the 1920 election. And people on the left, whether people we consider to be liberals, former progressives or radicals were all on the offensive during the 1920s. The most popular president in the 1920s, Calvin Coolidge who took office in 1923, when harding died of a heart attack and then was reelected by a landslide in 1924 famously said in the mid1920s, the business of america is business. It was a prosperous time for a lot of americans, though certainly not all. Stock prices were fairly high. Wages were either stable or going up, depending on what occupation you were in. Farmers are not doing as well as theyve done during world war i when farm prices went really high as they often do in wars but n
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