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.
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A
Explanation:
\BIV-uh-wak\ verb. 1 : to make a usually temporary encampment under little or no shelter : camp. 2 : to take shelter often temporarily.
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This passage doesn't answer this question: what is the actual step/law enacted that will stop slavery?
Explanation:
Researching the rest of the Emancipation Proclamation will answer this question and show why this document is important in history.
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Pyramid of Menkaure
Pyramid of Menkaure. The third of the major pyramids at Giza belongs to Menkaure. This is the smallest of the three, rising to a height of 65 meters (213 feet), but the complex preserved some of the most stunning examples of sculpture to survive from all of Egyptian history.
