It seems the modern strategy for dealing with the national debt is to just ignore it and spend more.

Perhaps we need a different strategy. Thomas Jefferson had one – cut the size of government and pay off the debt. Jefferson understood something most politicians today don’t. Debt is not a “public blessing.”

For Further Reading

National Debt Blows Past $28 Trillion

The Fed, Spending, Debt and More: Warnings from Thomas Jefferson

How Thomas Jefferson Handled the National Debt

Jefferson on Debt and Madison on Spending

Mike Maharrey