Jefferson vs. Hamilton on national debt

[Snowball]

A national debt, if it is not excessive, will be to us a national blessing.
Alexander Hamilton (Rothschild agent)

At the time we were funding our national debt, we heard much about "a public debt being a public blessing"; that the stock representing it was a creation of active capital for the aliment of commerce, manufactures and agriculture. This paradox was well adapted to the minds of believers in dreams.
Thomas Jefferson (true Founding Father)

It is a well-known fact that in countries in which the national debt is properly funded, and an object of established confidence, it answers most of the purposes of money. Transfers of stock, or public debt, are there equivalent to payments in specie; or, in other words, stock, in the principal transactions of business, passes current as specie. The same thing would, in all probability, happen here, under the like circumstances.
Alexander Hamilton (Rothschild agent)

To preserve our independence, we must not let our rulers load us with perpetual debt. We must make our election between economy and liberty, or profusion and servitude.
Thomas Jefferson (true Founding Father)

 

[CaptUSA]

“There does not exist an engine so corruptive of the government and so demoralising of the nation as a public debt.”
-Thomas Jefferson, 1821

“I, however, place economy among the first and most important of republican virtues, and public debt as the greatest of the dangers to be feared.”
-Thomas Jefferson, 1816

“Then no man can, by natural right, oblige the lands he occupied, or the persons who succeed him in that occupation, to the paiment of debts contracted by him. For if he could, he might, during his own life, eat up the usufruct of the lands for several generations to come, and then the lands would belong to the dead, and not to the living”

-Thomas Jefferson 1789

 

[Brian4Liberty]

 

[Brian4Liberty]

 

[Snowball]

Defiintion of Economy when Jefferson wrote:

1. The management of a family.
2. Frugality ; discretion of expence.
3. Disposition of things; regulation.
4. The disposition or arrangement of any work.
5. System of motions; distribution of every thing to its proper place.

Compare with "The Economy" today.