[rollo tomasi]

Did Hamilton favor unmanageable and excessive debt as well as NOT state that perpetuating accumulative debt is the "...natural disease of all governments"?

"...the creation of debt should always be accompanied with the means of extinguishment," and "...that there should be a constant effort to reduce the present and avoid new debts, as far as may be."

Debt is sometimes necessary to take on; then that debt is paid off in a timely manner.

[Talisker]

Of course he decried excessive debt.

But his antagonists pointed out that government debt becomes excessive by its very nature, and that it was therefore dangerous to even start it up in the first place.