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Charles Gormley

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    Charles Gormley commented  · 

    The U.S. actually [was] debt free, for the first and only time, at the beginning of 1835 and stayed that way until 1837. It remains the only time that a major country was without debt. [Andrew] Jackson and his followers believed that freedom from debt was the linchpin in establishing a free republic. It freed the country and its citizens from burdens and bondage to creditors. It freed the majority from dependence on a minority."

    https://teachinghistory.org/history-content/ask-a-historian/23559
    Pressure grows on Biden to bend in debt ceiling talks

    Charles Gormley supported this idea  · 

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