We have been in debt since the signing of the Constitution. Ben Franklin went to France on behalf of the colonies and borrowed, under the title plenipotentiary (look that up), 20 million dollars in gold from the king of France to be paid back by 1782, that never happened...purposely. 1789 comes along and there is a clause in the Constitution, Article VI "All debts contracted and engagements entered into, before the adoption of this Constitution, shall be as valid against the United States under this Constitution, as under the Confederation." So in other words the newly formed government was in debt 20 million dollars. Ben Franklin shoved a lightning rod up our asses and did a rain dance. We will never be out of debt.Originally Posted by BIGLRY
True that be!!!
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