Tag Archives: Public Debt

First Principles: No Pecuniary Consideration Is More Urgent Than the Regular Redemption and Discharge of the Public Debt

“No pecuniary consideration is more urgent, than the regular redemption and discharge of the public debt: on none can delay be more injurious, or an economy of time more valuable.” – George Washington (1793)

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First Principles: I Place Economy Among the First and Most Important Virtues and Public Debt As the Greatest Dangers To Be Feared

“I place economy among the first and most important virtues and public debt as the greatest dangers to be feared.” – Thomas Jefferson      

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First Principles: I Place Economy Among the First and Most Important Virtues and Public Debt As the Greatest Dangers To Be Feared

“I place economy among the first and most important virtues and public debt as the greatest dangers to be feared.” – Thomas Jefferson    

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First Principles: Our Government Should Not Be Allowed To Perpetuate Debt

“We must not let our rulers load us with perpetual debt.” – Thomas Jefferson (1816)      

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First Principles: We Must Not Allow Our Nation To Be In Perpetual Debt

“We must not let our rulers load us with perpetual debt.” – Thomas Jefferson (1816)        

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First Principles: Heavy Taxation Leads To Wretchedness and Oppression

“The fore horse of this frightful team is public debt. Taxation follow that, and in its turn wretchedness and oppression.”  – Thomas Jefferson, Letter to Samuel Kerchival, 1816 The correct thing to do about many of the issues touted as … Continue reading

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First Principles: Public Debt Is the Biggest Danger To Our Republic

“I … place economy among the first and most important of republican virtues, and public debt as the greatest of the dangers to be feared. … Taxation follows that, and in its turn wretchedness and oppression.” — Thomas Jefferson, in … Continue reading

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First Principles: Our Ways and Means Should Balance Our Promises

“There is not a more important and fundamental principle in legislation, than that the ways and means ought always to face the public engagements; that our appropriations should ever go hand in hand with our promises.” —James Madison in a … Continue reading

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First Principles: Perpetual Public Debt Brings Servitude of the People

“I place economy among the first and important virtues, and public debt as the greatest of dangers. To preserve our independence, we must not let our rulers load us with perpetual debt. We must make our choice between economy and … Continue reading

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