Biden knew him.................
Biden knew him.
"'Thomas Jefferson once said, 'We should never judge a president by his age, only by his works.' And ever since he told me that, I stopped." -- Ronald Reagan
It's worth remembering that in 1801, when Jefferson became president, the US national debt was around $100 million, about 10 times annual federal revenues. This was literally "the cost of freedom," and would correspond today to a national debt around $30 trillion. Since our actual national debt is $13+ trillion, the government is in better financial shape today than it was in Jefferson's time. And at the time, Jefferson's number one priority was paying down the national debt. So, how did he do it? How does ANY wise government ever increase its revenues? Yes, that's right! JEFFERSON REDUCED GOVERNMENT SPENDING AND CUT TAXES. -- BroJoeK
Thanks BroJoeK, and for that matter, thanks President Jefferson.