Snapshot 1941 – Crushing Debt’s Impact on Democracy…

February 10, 2023 by · Leave a Comment 

With the U.S. national debt spiraling out of control, many economists are predicting the demise of this once (still?) great nation. Is this merely politics… fearmongering… crying wolf? Such concerns have been voiced as far back as when Alexander Hamilton was the Secretary of the Treasury and continue to this day. One such instance surfaced in 1941 and was chronicled in the Liberty Magazine dated February 15, 1941. These cries in the wilderness seeming fall on deaf ears without the doomsday predictions coming to fruition. However, the problem with apocalyptic events is thy have a tendency to be kept at bey… until one day there being viewed in the rear-view mirror with eyes welled up with regret. Let’s hope our generation is not the one shedding tears on behalf of our children and our children’s children.

Filed under: Food for Thought, The 20th & 21st Centuries, The Collectible Community
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