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by centsless on November 30th, 2008
He could have. As a person he always spent more than he earned. He had elaborate tastes, and was always in debt to satisfy them. Read David McCullough's "John Adams" for a good personal profile.
In further answer to the question, though, it was often Jefferson's responsibility as an ambassador during the Revolutionary War and later as Secretary of State to secure loans for the new nation which never would have survived without them.
by St. Thomas on December 26th, 2008
Yes, among other reason he sites it in his state of the union addresses. Pay special attention to the withdrawal from the Barbary coast. Protect our common interests.
by Baccduckus is a Carbonproduct on November 30th, 2008
I think he understood that perpetual debt means perpetual interest. Wasting the people's money by borrowing instead of saving. He was a man of deep thought, though, as noted already, his actions sometimes belied his beliefs.
Should we be isolated like Thomas Jefferson wanted and not get involved with the world and their problems because of the problems they bring
by Bebe87 on October 5th, 2010
| 1 person likes this
Did Thomas Jefferson have an affair with his black maie who later had children?
by Crack Eater on September 21st, 2008
| 2 people like this
Where was thomas Jefferson living when the American Revolution started?
by Pinguickman on April 3rd, 2008
| 1 person likes this
Why did Thomas Jefferson become a inventor?
by Frog LUVER on February 25th, 2008
| 1 person likes this
Are you moving on up or moving on down?
by Mister_Bromide on August 2nd, 2011
| 4 people like this
You're reading Did Thomas Jefferson have a premonition of what troubles the Founder's new nation might face when taking on oppressive perpetual debt? If so, please elaborate.
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