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Quotes on … ” Debt “

Portrait of Thomas Jefferson by Rembrandt Peal...

Portrait of Thomas Jefferson by Rembrandt Peale in 1800. (Photo credit: Wikipedia)

“And to preserve their independence, we must not let our rulers load us with perpetual debt. We must make our election between economy and liberty, or profusion and servitude. “~~~ Thomas Jefferson (July 12, 1816)

” I am for a government rigorously frugal & simple, applying all the possible savings of the public revenue to the discharge of the national debt; and not for multiplication of officers and salaries merely to make partisans, and for increasing, by every device, the public debt, on the principle of it’s being a public blessing.” ~~~ Vice President Thomas Jefferson (Jan 26, 1799)

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