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DEBT HANDLED PROPERLY At our beginning as a new
nation in 1791 we were about $75 million in debt (wars are costly) by 1804
the debt had risen to $86 million. From 1805 to 1835 the debt was steadily
brought down to zero! We had a federal government that reflected the people
that care about the future. GOOD ECONOMICALLY Wonderfully successful by
1893; with steam powered trains for transportation and mostly horses and
mules for farming; we became the greatest wealth producing people in the
world; doubling the wealth
production of second place England. In the 27 years preceding
1893; 20 of the 27 years the federal government had a surplus. PEOPLE WERE BLESSED From our beginning the
Churches were significantly active, teaching the people how to create a Godly
government, about moral values and Godly standards. Our children were taught
spiritual values and encouraged the children to accept Jesus Christ as
their savior. The capstone statement of the 1892 era: These, and many other
matters which might be noticed, add a volume of unofficial declarations to
the mass of organic utterances that this is a Christian nation, from
Syllabus, page 143 U.S. 471, 1892 Supreme Court case Church
of the Holy Trinity v. United States, Case 143 U.S. 457. DEBT 1893 vs. 2016 Federal Debt, 1893: $1.5 billion GDP $15.4 billion Debt is 10% of GDP That compares to today, as
follows: Federal Debt, 2016: $20.2 trillion GDP $18.6 trillion Debt is 95.8% of GDP |