[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.

[rollo tomasi]

"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."

His antagonists correctly pointed out that human nature and history are Hamilton's bitches.

Do you think the Progressive Era "champions of the people" politicians cared what Hamilton said after proclaiming "...(Debt) will be to us a national blessing..."

Of course debt will provide a shot of adrenaline, too bad that adrenaline becomes addictive in the hands of public servants who eventually govern by "kicking the can down the road". After the Progressive Era amendments passed, "that was all she wrote".