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Coolidge described the state of the Union as being more favorable than at any previous time, with "tranquility and contentment" marking the domestic sphere. He noted that industrial relations were harmonious and that the nation's economy had moved beyond mere necessities into the "region of luxury."
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The address also emphasized fiscal conservatism, with
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Coolidge concluded by calling for continued fiscal responsibility, warning that new spending without revenue to support it would lead to an unbalanced budget for the first time in his administration.
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