[Talisker]

Alexander Hamilton agreed.

[Wolfie]

So did Dick Cheney.

[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.

[Pelham]

“Alexander Hamilton agreed.”

A funded public debt.

Hamilton’s insight is what transformed the bankrupt Continental Congress government into the fiscally sound US Constitution government, and made the American dollar good as gold.

He absorbed all of the debts of the 13 states and agreed to pay interest on that debt in gold. US Treasury debt was immediately bid up to par.