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)
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.
— John Adams, November 23rd, 1797, First Address to Congress
Of all the enemies to public liberty war is, perhaps, the most to be dreaded, because it comprises and develops the germ of every other. War is the parent of armies; from these proceed debts and taxes; and armies, and debts, and taxes are the known instruments for bringing the many under the domination of the few.
In war, too, the discretionary power of the Executive is extended; its influence in dealing out offices, honors, and emoluments is multiplied; and all the means of seducing the minds, are added to those of subduing the force, of the people.
The same malignant aspect in republicanism may be traced in the inequality of fortunes, and the opportunities of fraud, growing out of a state of war, and in the degeneracy of manners and of morals engendered by both.
No nation could preserve its freedom in the midst of continual warfare.
— James Madison, Political Observations, 1795
I favor the policy of economy, not because I wish to save money, but because I wish to save people.
The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager.
Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical form.
— Calvin Coolidge, 1924 Inaugural Address
But Now You Know
Words of the Sentient 