"This example reads to us the salutary lesson that private fortunes are destroyed by public, as well as by private extravagance. And this is the tendency of all human governments. A departure from principle in one instance becomes a precedent for a 2d that 2d for a 3d and so on, till the bulk of the society is reduced to be mere automatons of misery, [...] And the forehorse of this frightful team is Public debt. Taxation follows that, and in it’s train wretchedness and oppression." - Thomas Jefferson, July 12, 1816.