Thomas Jefferson on deficit spending, banks, taxes, interest Letter to John Wayles Eppes Eppes was a nephew of Thomas Jefferson. Monticello, June 24, 1813 Dear Sir,   This letter will be on politics only. For although I do not often permit myself to think on that subject, it sometimes obtrudes … Continue reading →

As shown, fiscal deficits started to increase during the Vietnam War, and they haven’t stopped.