One of our founding fathers, Alexander Hamilton was so vehemently against debt, he used his common sense to sway the nation.
- He ensured that folks with solid credit got loans ….
- He used government funds to pay off bonds and
- he eased up on the collection of debts owed to the government ….. which lept liquidity in the system ……
That’s just the opposite of what President Obama has done! He’s hired 1600 new IRS agents to go after those who are in debt …… as if they have a way out! Money flows or money becomes stagnant and foul.