The Importance of credit and the sparing use of Government borrowing from George Washington

 Washington provides strong support for a balanced federal budget, Arguing that the national credit is an important source of strength and security. He urges the American people to preserve the national credit by avoiding WAR. And urges avoiding unnecessary borrowing, And to pay off any national debt accumulated in times of WAR as quily as possible in times of peace so that future generations do not have to take on financial burdens that others have taken on themseleves. And Washington argues it is necessary, Although unpleasent, For the people to cooperate by paying taxes created to cover these precautionary expense. And he also reminds the American people that no matter how hard the government tries there will never be a tax which is not inconenient, unpleasant, or seemingly and insult to those who who must pay it. Thanks KJF.

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Comment by Keith John Ferguson on August 18, 2011 at 10:01am

We as Americans need to tell our government, to stop spending our money overseas.

Comment by Keith John Ferguson on August 4, 2011 at 5:37pm

We still need to find ways to lower our national debt, like bring the taxspayers money home, to be used here.


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