The role of government is to allow the PURSUIT of happiness, not to guarantee that everyone will find it.
The role of government is to get out of the way of business and let the free market, supply and demand, and individual hard work drive success (or failure).
"just get the hell out of my way" John Galt to the government in Atlas Shrugged.
Prior to FDR the presumption of government was to produce the
conditions for the "pursuit of happiness." FDR said, "why stop there, the federal government can produce happiness" ( understood as material well-being ) thus the New Deal, road to socialism and ruination of the principles the Founders spent much time on, in their famous U.S. Constitution, that is now almost up in flames. Obammy is fast closing it out, completely. We poor hard-working sucking taxpayers.
Often misquoted as ‘The business of America is business,” Coolidge really said:
“...After all, the chief business of the American people is business. They are profoundly concerned with producing, buying, selling, investing and prospering in the world. I am strongly of opinion that the great majority of people will always find these are moving impulses of our life. …
Wealth is the product of industry, ambition, character and untiring effort. In all experience, the accumulation of wealth means the multiplication of schools, the increase of knowledge, the dissemination of intelligence, the encouragement of science, the broadening of outlook, the expansion of liberties, the widening of culture.
Of course, the accumulation of wealth cannot be justified as the chief end of existence. But we are compelled to recognize it as a means to well-nigh every desirable achievement. So long as wealth is made the means and not the end, we need not greatly fear it.”
January 17, 1925 Given before the American Society of Newspaper Editors
"We grudge no man a fortune which represents his own power and sagacity, when exercised with entire regard to the welfare of his fellows."
Teddy Roosevelt spoke impassionedly about great wealth, saying that it is "not even enough that it should have been gained without doing damage to the community. We should permit it to be gained only so long as the gaining represents benefit to the community.
"To take from one, because it is thought his own industry and that of his father's has acquired too much, in order to spare to others, who, or whose fathers, have not exercised equal industry and skill, is to violate arbitrarily the first principle of association, the guarantee to everyone the free exercise of his industry and the fruits acquired by it."
From Jefferson's prospectus for his translation of Destutt de Tracy's
Treatise on Political Economy, communicated to Joseph Milligan in a letter of April 6, 1816.
The text this quotation appears in has not yet been published by the
Papers of Thomas Jefferson: Retirement Series, but you can see Jefferson's retained copy of the prospectus in the Thomas Jefferson Papers at the Library of Congress, online at
http://memory.loc.gov/cgi-bin/ampage?collId=mtj1&fileName=mtj1page048.db....
Original here:
The Thomas Jefferson Papers Series 1. General Correspondence. 1651-1827