1. Alexander Hamilton and Government Debt
Alexander Hamilton was a federalist and believed that the US needed to think of state debts as national debt. ... Would he change anything about Hamilton's ideas? ... I do agree with Gordon's arguments about Hamilton. ... The funding act and report of public credit reformed the great debt that was inherited from the American War (Edling). ... For in the last 36 years, we have had no more than ordinary fluctuations in the business cycle, and the Vietnam War was, at least relative to the size of the American economy, if in no other way, a small war. ...
- Word Count: 1019
- Approx Pages: 4
- Has Bibliography
- Grade Level: High School