Send a Quote Enter a brief message. SendOk2 “I am one of those who do not believe that a national debt is a national blessing, but rather a curse to a republic; inasmuch as it is calculated to raise around the administration a moneyed aristocracy dangerous to the liberties of the country.” ~ Andrew Jackson (1767-1845) 7th US PresidentSource: in a letter to T. H. Colman, 26 April 1824