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)....