Quote by Thomas Jefferson

To preserve our independence, we must not let our rulers load us with perpetual debt. We must make our election between economy and liberty, or profusion and servitude.

To preserve our independence, we must not let our rulers loa

Summary

This quote highlights the importance of maintaining financial independence in order to safeguard personal and societal freedom. It suggests that if rulers burden the citizens with never-ending debt, their ability to exercise self-governance and liberty will be compromised. To avoid the risk of falling into servitude, individuals must prioritize economic prudence over extravagant spending. The quote essentially serves as a reminder that the choice between excessive spending and maintaining liberty is a crucial decision that needs to be made wisely.

Topics

Political Philosophy Deficit Spending Fiscal Policy National Debt

By Thomas Jefferson

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