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Our Founders' Economic Advice to Obama (Part 2 of 2)

guitardude57 Wrote: Jul 17, 2012 10:40 AM
This history is a powerful lesson to anyone that doesn't know it. For some of us, it is preaching to the choir. These days, this history lesson must brought up time and again, to validate who is working for whom. We now have a govt that feels it can operate all business and infrastructure better than any of us... and is commanding to do so. You and I both know what our Fore Fathers would do about this travesty we witness now. It is time for America to wake up.

Last week, I summarized how President Barack Obama has not lived up to his campaign promises to lower the national deficit and debt and get our nation's fiscal house in order. So now I'm calling on him to heed the economic advice of our nation's first eight presidents.

Before I highlight some of the Founding Fathers' wisdom on federal debt and spending, let me remind readers how Crossroads GPS recently summarized Obama's relation to national debt:

"January 20, 2009: The National Debt Was $10,626,877,048,913.08 (Obama Takes Office). (Treasury Department, accessed 5/23/12)

"May 22, 2012: The National Debt Was $15,721,218,607,447.09 (Most Recent)....