by Mike Van Schoiack | Mar 5, 2016 | Debt, Economics, economy, New, Quotes
“I have long argued that paying down the national debt is beneficial for the economy: it keeps interest rates lower than they otherwise would be and frees savings to finance increases in the capital stock, thereby boosting productivity and real incomes.”...
by Mike Van Schoiack | Feb 25, 2016 | Debt, Economics, economy, Founders, Government, President, Quotes, Subject, Thomas Jefferson, Topics
“I say, the earth belongs to each of these generations during its course, fully and in its own right. The second generation receives it clear of the debts and incumbrances of the first, the third of the second, and so on. For if the first could charge it with a...
by Mike Van Schoiack | Mar 25, 2015 | Constitution, Debt, Economics, Founders, Government, President, Quotes, Thomas Jefferson
“I wish it were possible to obtain a single amendment to our Constitution. I would be willing to depend on that alone for the reduction of the administration of our government to the genuine principles of its Constitution; I mean an additional article, taking from the...
by Mike Van Schoiack | Mar 24, 2015 | Debt, Economics, Founders, Government, President, Quotes, Thomas Jefferson
“I wish it were possible to obtain a single amendment to our Constitution. I would be willing to depend on that alone for the reduction of the administration of our government to the genuine principles of its Constitution; I mean an additional article, taking from the...
by Mike Van Schoiack | Mar 24, 2015 | Debt, Economics, Founders, George Washington, Government, President, Quotes, Subject
“If ever again our nation stumbles upon unfunded paper, it shall surely be like death to our body politic. This country will crash.” George Washington – courtesy of theeconomiccollapseblog
by Mike Van Schoiack | Jan 13, 2015 | Alexander Hamilton, Debt, Founders, Quotes, Subject
“Allow a government to decline paying its debts and you overthrow all public morality — you unhinge all the principles that preserve the limits of free constitutions.Nothing can more affect national prosperity than a constant and systematic attention to...