Archive for the 'National Debt' Category

NATIONAL DEBT REACHED ZERO IN 1835

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Andrew Jackson Jr (March 15, 1767 – June 8, 1845)


On January 8, 1835, President
Andrew Jackson achieved his
goal of entirely paying off the
United States’ national debt. It
was the only time in U.S. history that the national
debt stood
at zero
, and it precipitated one of the worst financial crises in
American history.

Andrew Jackson quote: When you get in debt you become a slave.

posted by Bob Karm in ANNIVERSARY,Fincncial,HISTORY,National Debt,President and have No Comments