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.
Americans believed that they had the responsibility to govern the Filipinos because they were uncircumcised people.
The answer is c
I had the same question on a test
Answer:
Apr 12, 1861 – Apr 9, 1865
Explanation:
The American Civil War was a civil war in the United States fought between states supporting the federal union and southern states that voted to secede and form the Confederate States of America
