Founding Fathers Warn of a National Debt Doomsday!

By Michael Boldin

America is drowning in debt – and teetering on the brink. We’ve just hit a new, unthinkable milestone: a national debt of $35 trillion. This isn’t just a number; it’s a ticking time bomb. The Founding Fathers warned us about this “public curse,” a financial abyss that would swallow our freedoms if left unchecked.

In this episode we’ll revisit their chilling warnings and explore how we’re ignoring their wisdom at our own peril.

Path to Liberty: July 31, 2024

SHOW LINKS:

• JOIN TAC
• Show Archives
• Treasury FiscalData: Debt to the Penny
• Maharrey – Our “Public Curse” Just Eclipsed $35 Trillion
• Maharrey – Putting the National Debt Into Perspective We Can All Understand
• John Adams – Letter to Abigail Adams (5 May 1794)
• Thomas Jefferson – Letter to George Washington (23 May 1792)
• John Taylor of Caroline – An Inquiry into the Principles and Policy of the Government of the United States (1814)
• George Washington – Farewell Address (19 Sept 1796)
• George Washington – Fifth Annual Message to Congress (3 Dec 1793)
• James Monroe – First Inaugural Address (4 Mar 1817)
• Alexander Hamilton – Letter to Rober Morris (30 Apr 1781)
• Alexander Hamilton – Report Relative to a Provision for the Support of Public Credit (9 Jan 1790)
• James Madison – The Union. Who are its Real Friends? (31 Mar 1792)
• Thomas Jefferson – Letter to George Washington (9 Sept 1792)
• Thomas Jefferson – Letter to John Taylor (28 May 1816)
• John Adams – First Annual Message to Congress (22 Nov 1797)
• Thomas Jefferson – Letter to Samuel Kercheval (12 July 1816)
• James Madison – Letter to Henry Lee (13 Apr 1790)
• Francis Corbin – Virginia Ratifying Convention (7 June 1788)
• Brutus VIII (10 Jan 1788)

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Source: Tenth Amendment Center

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