Today, the national debt that Hamilton began with a bank loan of $19,608.81 is the largest single entry on any set of books in the world. The federal government pays $19,608.81 in interest on its current debt every 2.4 seconds.
What would Hamilton think of his creation today? He would surely be impressed with its sheer size, although he would note that relative to the American GDP, about $14 trillion, it is "not excessive." But he would, I suspect, not be happy with what borrowed money is being used for. Hamilton saw the debt as a powerful means of fighting wars, building infrastructure, and getting through economic bad times. For the last 30 years and more, however, the national debt has been increasingly used so that no one in Washington ever has to say no to anyone.
The United States tried very hard not to be involved in the war. At first all they did was help out their allies with food and other supplies. They didn't actively join the war until December 7, 1941 when Japan bombed pearl harbor. They officially declared war against Japan and soon after Germany.
Yes, Thomas Jefferson had defeated pirates from North Africa during the Barbary War. He was responsible for doubling the size of the United States by successfully brokering the Louisiana Purchase. He also founded the University of Virginia. As well as was the founder of the Declaration of Independence.
Yes he was, he was justified because article two grants him authority to issue executive order.
The Age of Enlightenment was a movement of intellectuals in Europe. These individuals emphasized individualism and reasoning over traditions. The establishment of intellectual societies in America aided the spread of <span>Enlightenment ideas.</span>
