Political Quotes

Thomas Paine: By a curious kind of revolution in accounts, the people of England seem to mistake their poverty for their riches; that…

On the recordJanuary 1, 1776
By a curious kind of revolution in accounts, the people of England seem to mistake their poverty for their riches; that is, they reckon their national debt as a part of their national wealth.
Said by
Thomas Paine

Editor's note · Context

Paine critiques the English people's economic understanding, specifically their perception of national debt.

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