On the record
With diminished taxation and resources increasing immeasurably, the national debt will cease to be a burden,--becoming “fine by degrees and beautifully less” until it gradually ceases to exist.
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gutenberg.orgWith diminished taxation and resources increasing immeasurably, the national debt will cease to be a burden,--becoming “fine by degrees and beautifully less” until it gradually ceases to exist.
Sumner envisions a future where the national debt becomes manageable and eventually disappears.
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