"In Hamilton's writing, you see very clearly the intersection between politics and economics, and he understood (though by no means the only one) that law and politics are fundamentally about shaping, controlling, or influencing economic forces."
(Prof. Murdaco)
Alexander
Hamilton as the first United States Secretary of the Treasury faced enormous
problems. As it was stated in the Lecture Hamilton and Jefferson, the United States
in 1789 when George Washington was elected, was in great debt. Hamilton boldly
solved the debt problem by establishing the first National Bank, buying the
states debts, and designing a tax system that generated new revenue and
resolved took America out of debt. The most admirable part of Hamilton’s
account was the fact that he had very strong, power opposers. He had to
convince men such as Thomas Jefferson and James Madison, who gave him a big
fight. In the end his plan worked and solved many political as well as
economical problems. Don’t you wish we could have him to solve our economical
problems?
Yes, It would be great to have one of these men today! However, our problems today are much more complex than back then. Our debt is astronomical and our government issues are enormous. It would take a great man or women to walk in and fix it all!
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