How our national debt may be a national blessing
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How our national debt may be a national blessing the debt is public wealth, political union, protection of industry, secure basis for national currency, the orphans" and widows" savings fund by Samuel Wilkeson

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Published by M"Laughlin Brothers, printers in Philadelphia .
Written in English

Subjects:

Places:

  • United States.

Subjects:

  • Debts, Public -- United States.

Book details:

Edition Notes

Statementby Samuel Wilkeson.
ContributionsCooke, Jay, 1821-1905., YA Pamphlet Collection (Library of Congress)
Classifications
LC ClassificationsHJ8109 .W7
The Physical Object
Pagination16 p. ;
Number of Pages16
ID Numbers
Open LibraryOL7003200M
LC Control Number08036076
OCLC/WorldCa3887363

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The author's premise, like that of Alexander Hamilton, is that a national debt can be used constructively to monetize an economy. Both men were quite correct, and the debt served its purpose beautifully in supporting the fledging United States of by:   How our national debt may be a national blessing: the debt is public wealth, political union, protection of industry, secure basis for national currency, the orphans' and widows' savings fund by Wilkeson, Samuel, ; Cooke, Jay, Pages: Get this from a library! How our national debt may be a national blessing: the debt is public wealth, political union, protection of industry, secure basis for national currency, the orphans' and widows' savings fund. [Samuel Wilkeson; Jay Cooke; YA Pamphlet Collection (Library of Congress)]. How our national debt may be a national blessing.: the debt is public wealth, political union, protection of industry, secure basis for national currency, the orphans' and widows' savings fund.

This book, "Hamilton's Blessing: The Extraordinary Life and Times of Our National Debt" is a good, if brief, overview of the fiscal history of the American government. It is somewhat misnamed, since the National Debt serves as a background and tie in to each period of fiscal history studied/5(12). How our national debt may be a national blessing. The debt is public wealth, political union, protection of industry, secure basis for national currency, the orphans' and widows' savings : Samuel. Wilkeson.   The quest for, and eventual achievement of, debt freedom on January 1, is the subject of Carl Lane’s fascinating book, A Nation Wholly Free: The Elimination of the National Debt Author: Tim Reuter. Is public debt a blessing or a curse? Recent developments in our country, including a pending multi-trillion dollar spending package being pushed by the administration, would lead one to believe that if we just spend more, and thus embrace more debt, then the economy will take off: a blessing.

Hamilton's Blessing: The Extraordinary Life and Times of Our National Debt. Measured at the staggering amount of $ trillion (and growing every day) the national debt is unfathomable to most Americans. What we may not realize is that the United States was born out of debt/5(2). In , his book, Hamilton's Blessing, offered a "biography" of the debt, making it very much a human drama while explaining the myriad, mostly positive, ways it has influenced America's history since Alexander Hamilton first proposed the virtues of a national debt in /5(22). This book is a study-in part-of the national debt from Alexander Hamilton to after the Great Recession. While the book is strong when talking about Hamilton, the further it goes the weaker it gets and I must echo other reviews on Goodreads that say that his argument falls apart by the end/5.   About Hamilton's Blessing. Our national debt is now so high that most of us have stopped thinking about it, because the prospect of bringing it under control is unimaginable. We consider it a national liability and fear our children will be forced to pay for our current excesses. John Steele Gordon is a welcome antidote. In , his book, Hamilton's Blessing, offered a "biography" of the debt.