Hamilton vs. Jefferson Essay
Jefferson's theory of public finance focused on the fact that every living generation is sovereign. Therefore, he criticized Hamilton for not making provision for the elimination of the national debt in the new Constitution. Jefferson had another strong reason to disagree with Hamilton's view of the national debt. As Hamilton realized, the economic independence of the United States is critical to ensuring future economic stability. In many ways, Hamilton and Jefferson shared the same vision of an economy built on integrity and independence. But Hamilton's ideas provided the surest way to achieve this goal. By managing debt and a,