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To preserve our independence, we must not let our rulers load us with perpetual debt. We must make our election between economy and liberty, or profusion and servitude.
Thomas Jefferson
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Interpretation

What this quote means

The quote emphasizes the importance of financial prudence to maintain personal and national freedom.

Thomas Jefferson's quote warns against the dangers of excessive debt, asserting that true independence relies on economic responsibility. He highlights a crucial choice between maintaining liberty through frugality and risking servitude through indulgence and financial imprudence.

Themes

DebtIndependenceFreedomEconomyLiberty

In practice

Example use cases

During a discussion on national budget priorities in a civic meeting.

More from Thomas Jefferson

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.
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I, place economy among the first & most important republican virtues, & public debt as the greatest of the dangers to be feared
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β€ŽWe 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.
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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.
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A nation, as a society, forms a moral person, and every member of it is personally responsible for his society.
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Timid men prefer the calm of despotism to the tempestuous sea of liberty.
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