I place economy among the first and most important virtues and public debt as the greatest dangers to be feared. To preserve our independence, we must not let our rulers load us with perpetual debt. If we run into such debts, we must be taxed in our meat and drink, in our necessities and in our comforts, in our labor and in our amusements. If we can prevent the government from wasting the labor of the people, under the pretense of caring for them, they will be happy.
Interpretation
Jefferson emphasizes the importance of economic responsibility and warns against the dangers of public debt.
In this quote, Thomas Jefferson asserts that economic prudence is a foundational virtue essential for a nation's independence. He warns that excessive public debt can enslave citizens by imposing heavy taxes on their basic needs and pleasures, advocating for a government that does not squander the people's labor under the guise of benevolence, which ultimately leads to a more content and self-reliant populace.
In practice
A speaker at a financial literacy seminar could use this quote to emphasize the importance of understanding public debt.
The firmness with which the (American) people have withstood the... abuses of the press, the discernment they have manifested between truth and falsehood, show that they may safely be trusted to hear everything true and false and to form a correct judgment between them.
I, place economy among the first & most important republican virtues, & public debt as the greatest of the dangers to be feared
We must make our choice between economy and liberty or confusion and servitude...If we run into such debts, we must be taxed in our meat and drink, in our necessities and comforts, in our labor and in our amusements...if we can prevent the government from wasting the labor of the people, under the pretense of caring for them, they will be happy.
Very many and very meritorious were the worthy patriots who assisted in bringing back our government to its republican tack. To preserve it in that, will require unremitting vigilance.
A nation, as a society, forms a moral person, and every member of it is personally responsible for his society.
Timid men prefer the calm of despotism to the tempestuous sea of liberty.
Thus the right of nullification meant by Mr. Jefferson is the natural right, which all admit to be a remedy against insupportable oppression.
Every year tens of thousands of animals suffer and die in laboratory tests of cosmetics and household products...despite the fact that the test results do not help prevent or treat accidental or purposeful misuse of the products. Please join me in using your voice for those whose cries are forever sealed behind the laboratory doors.
When I was president, I announced and I still maintain that I can live with Roe v. Wade. I did everything I possibly could as president under that ruling, which I don't think ought to be changed, to minimize the need for abortions. I think every abortion is a result of a horrible series of errors on the part of people involved.
I am neither a sociologist nor a politician. All I can do is imagine for myself what the future will be like.
Now, legal plunder can be committed in an infinite number of ways. Thus we have an infinite number of plans for organizing it: tariffs, protection, benefits, subsidies, encouragements, progressive taxation, public schools, guaranteed jobs, guaranteed profits, minimum wages, a right to relief, a right to the tools of labor, free credit, and so on, and so on.
From What-is all the world of things was born But What-is sprang in turn from What-is-not.
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