How did Harding's policy of 'normalcy' differ from the progressive/imperial policies of Theodore Roosevelt, Taft, and Wilson?
Normalcy, under the Harding administration, meant a government that was pro-business, anti-tax, and anti-regulation.Harding's Treasury Secretary, financier Andrew Mellon, cut income tax rates for the wealthiest Americans from 73% to 25%. The capital thus liberated fueled the skyrocketing stock market and helped the Jay Gatsbys of the world to achieve an unprecedented level
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