RSS

The Consequences of Public Debt

15 Dec

The original greenback, from whence the name comes

200 years later, they still haven't learned.

The consequences arising from the continual accumulation of public debts in other countries ought to admonish us to be careful to prevent their growth in our own.

President John Adams, First Annual Address (1797)

Advertisements
 
Leave a comment

Posted by on December 15, 2011 in economic, Foreign Policy, Politics

 

Tags: , , , , , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

 
%d bloggers like this: