The Debt To and From Thomas Jefferson
I was watching a documentary about Thomas Jefferson by Ken Burns the other evening. The man personified what was best, and worst, about our country. His lofty ideals of human equality did not apply to his own slaves on whose backs the beautiful estate of Monticello was built and rebuilt. Jefferson had a penchant for tearing down what he had constructed and build it over and over again. Jefferson died over $ 100, 000 in debt (equivalent to between 1 million and 2 million dollars today). To his credit, Jefferson believed in limited government. In his personal affairs, he needed to practice a more realistic life. I am glad that it is clear that Jefferson did not live off the public trough to fund his excesses. How different than a monarch. On the other hand, it hardly speaks well of the man that he could not restrain his spending and repay his debts. I have a fascination with the era of the Founding Fathers. Being that I lived next to Valley Forge Park and came to awareness around the B...