That is indisputable. I am a product of the public school system. I was under the impression Coolidge was the President during the stock market crash, but I just looked it up and I am wrong. I'm pretty sure my history teachers blamed Coolidge. Thank you again for correcting me.
Don't sell your history teachers too short. Coolidge was president during the years the conditions for the crash and subsequent depression grew. Coolidge did cut government spending and subsequently ran surpluses. When Hoover took over, he increased spending to counter the effects of the growing downturn, but was ineffective. FDR significantly increased the government response started by Hoover, but could do little to improve the employment of the Nation until WW2. There were a lot of causes of the depression including a lack of controls over the markets and banks, trade and currency problems, even the weather played a role destroying many previously successful farms. But Coolidge believed government should stay out of the free-markets and let them self-correct. In the case of the crash, they didn't.
The concern for many Republicans is how our Party faces today's issues which include a growing wealth gap in the Country, a shrinking labor participation rate, government debt that defies any plan for reduction, taxes, immigration reform, entitlement growth, and our place in the global economy.
Cut taxes, end gay marriage, stop abortions, deport the illegals, and significantly cut government spending may not fly as well next year as some think, even with all of Hillary's problems.