Tuesday, May 10, 2011

James Madison's Opinion of a National Debt

"I regret, as much as any member, the unavoidable weight and duration of the burdens to be imposed; having never been a proselyte to the doctrine, that public debts are public benefits. I consider them, on the contrary, as evils which ought to be removed as fast as honor and justice will permit." --James Madison

-- Political Pistachio Conservative News and Commentary

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