Our founding fathers saw it coming: US politicians saddling citizens with debt. This Presidents Day, we'll highlight a few of our favorite debt-related presidential quotes.
"In this world nothing can be said to be certain, except death and taxes." - Benjamin Franklin, Letter to Jean Baptiste Le Roy, 13 Nov. 1789
"To contract new debts is not the way to pay old ones." - George Washington, Letter to James Welch, 7 April 1799
"There [is a measure] which if not taken we are undone... [It is] to cease borrowing money and to pay off the national debt. If this cannot be done without dismissing the army and putting the ships out of commission, haul them up high and dry and reduce the army to lowest point at which it was every established. There does not exist an engine so corruptive of the government and so demoralizing of the nation as public debt. It will bring on us more ruin at home than all enemies from abroad against whom this army and navy are to protect us." - Thomas Jefferson, Letter to Nathaniel Macon, 1821
Our founding fathers freakin' rock! If they lived today, you can bet they'd be on an NSA watch list. :)