Simply amazing that you would quote Wikipedia in a defense of the communist Wilson. Harding did the unthinkableand reduced government spending rather than increase it as Lord Keynes's precursors were encouraging.
Your history is revisionistic.
And your reading skills are deficient. I was not defending Wilson or Harding with the quote - I was pointing out to the OP that the “history” related in the original post was incorrect since Wilson was still in office when the post-war recession began. Go back, get the context right (a basic reading skill, BTW.)
As to your extract from the Wiki article, the quote supports the point that Harding continued the laissez-faire approach that came from Wilson’s debilitating stroke. As you note, Harding took it the step further of scaling back government expenditures to match the reduced resources. My posting of the final paragraph from Wiki was to be complete in making that extract, even though I most certainly oppose any thoughts from the risible Krugman. There are always going to be two sides to these types of policy discussions. Assuming I support a particular position when I post info from both perspectives is an unmerited leap of logic on your part, IMO.
Further, the OP was posting a link to a source that is also cited in the Wiki article so I thought that would have value for the OP when considering my post.