Reply To: Totally screwy views of Hamilton

#21858
hood.roman
Participant

On that token, Hamilton justified a large national debt on grounds that making rich bondholders dependent on the government would secure its perpetuity right?

If thats the case, could an argument in favor of a welfare state which says “making poor people (or all people) dependent on the government secures its perpetuity” be described as distinctly “Hamiltonian?”