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Public Debt

June 3rd, 2012 by admin

“If we run into such debts, as that we must be taxed in our meat and in our drink, in our necessaries and our comforts, in our labors and our amusements, for our callings and our creeds, as the people of England are, our people, like them, must come to labor sixteen hours in twenty-four, give the earnings of fifteen of these to the government for their debts and daily expenses, and the sixteenth being insufficient to afford us bread, we must live, as they now do, on oatmeal and potatoes, have no time to think, no means of calling the mis-managers to account; but be glad to obtain subsistence by hiring ourselves to rivet their chains on the necks of our fellow-sufferers.

“And this is the tendency of all human governments. A departure from principle in one instance becomes a precedent for a second, that second for a third, and so on ’til the bulk of the society is reduced to be mere automatons of misery, to have no sensibilities left but for sinning and suffering…

“And the fore-horse of this frightful team is public debt. Taxation follows that, and in its train wretchedness and oppression.”

~Thomas Jefferson

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