The Founders Warned Us: Huge National Debt is Dangerous to Liberty

$24 trillion – and climbing fast. It doesn’t matter which team is in power, it keeps going to the moon. But the founders warned us of the dangers of massive debt. From their own experience leading to the revolution, they knew what would happen.

Path to Liberty: April 22, 2020

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James Madison Political Observations of 1795

Thomas Jefferson 1816 letter to William Plumer

Debt Clock

Maharrey Calm before the Storm

Doesn’t matter what party is in power

Off Book debt

British Taxation of the Colonies

Sugar Act

Stamp Act

Townshend Acts

Dickinson – letter 12

James Madison to Henry Lee, April 13, 1790

George Washington farewell address

Also his 5th annual message in 1793

Hamilton 1792

John Adams, first address to congress 1797

Jefferson letter to Gerry jan 1799

Another Episode: Jefferson and Madison on Debt and Spending

Benjamin Franklin – poor richard improved – 1758

John Taylor An Inquiry Into The Principles And Policy Of The Government Of The United States (1814)

Jefferson 1816 to John Taylor swindling futurity

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Tags: Alexander Hamilton, James Madison, John Dickinson, John Taylor, National Debt, Sugar Act, thomas jefferson, Warnings

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Michael Boldin

Michael Boldin [send him email] is the founder of the Tenth Amendment Center. He was raised in Milwaukee, WI, and currently resides in Los Angeles, CA. Follow him on twitter - @michaelboldin and Facebook.

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