Tag Archives: Government spending
these contributions enable us to support the current expences of the government, to fulfill contracts with foreign nations, to extinguish the native right of soil within our limits, to extend those limits, & to apply such a surplus to our public debts, as places at a short day their final redemption. and, that redemption once effected, the revenue thereby liberated may, by a just repartition of it among the states, & a corresponding amendment of the constitution, be applied, in time of peace, to rivers, canals, roads, arts, manufactures, education, & other great objects within each state.
Thomas Jefferson’s Second Inaugural Address, March 4, 1805
Patrick Lee’s Explanation
Effective leaders limit and prioritize spending.
First, Thomas Jefferson limited current federal spending to five areas:
1. Domestic commitments authorized by Congress
2. Contractual agreements with other nations
3. Purchasing tribal lands from the Indians
4. Expansion of the United States geographically
5. Paying down federal debt until it was gone
Second, when the federal debt had been paid, the Constitution amended to allow for it, and the nation was at peace, further surpluses were to be shared with the states for infrastructure and to promote commerce, education, culture and the like.