The Patriot Academy Blog


The Founders on the Economy by Hannah
March 10, 2009, 9:33 am
Filed under: Uncategorized

“We must not let our rulers load us with perpetual debt.”

–Thomas Jefferson, letter to Samuel Kercheval, 12 July 1816

“The multiplication of public offices, increase of expense beyond income, growth and entailment of a public debt, are indications soliciting the employment of the pruning knife.”

–Thomas Jefferson, letter to Spencer Roane, 9 March 1821

“It might be demonstrated that the most productive system of finance will always be the least burdensome.”

–Alexander Hamilton, Federalist No. 35

“I think all the world would gain by setting commerce at perfect liberty.”

–Thomas Jefferson, letter to John Adams, 7 July 1785

“War is not the best engine for us to resort to; nature has given us one in our commerce, which if properly managed, will be a better instrument for obliging the interested nations of Europe to treat us with justice.”

–Thomas Jefferson, letter to Thomas Pickney, 29 May 1797

“If Congress can do whatever in their discretion can be done by money, and will promote the General Welfare, the Government is no longer a limited one, possessing enumerated powers, but an indefinite one, subject to particular exceptions.”

–James Madison, letter to Edmund Pendleton, 21 January 1792

Quotes courtesy of The Patriot Post (patriotpost.us)


1 Comment so far
Leave a comment

Not surprisingly the founding fathers have something to say about money and how government should, or actually shouldn’t, use it. Hey, why don’t we follow their wise advice? I mean what could it hurt to try? How about just for a month?

Comment by Trent Williams




Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Connecting to %s



Follow

Get every new post delivered to your Inbox.