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
Michael Maharrey [send him email] is the Communications Director for the Tenth Amendment Center. He is from the original home of the Principles of '98 - Kentucky and currently resides in northern Florida. See his blog archive here and his article archive here.He is the author of the book, Our Last Hope: Rediscovering the Lost Path to Liberty., and Constitution Owner's Manual. You can visit his personal website at MichaelMaharrey.com and like him on Facebook HERE
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