BY JOHN FEEHERY
Reprinted from TheFeeheryTheory.com

First published in The Hill.

Andrew Jackson was our nation’s first populist president.

He ran against the moneyed Eastern Establishment and abolished the Second Bank of the United States.

Jackson also was the only president to pay off our national debt. Soon after erasing the debt and squashing the national bank, an early version of the Federal Reserve, the American economy went into a severe depression.We have never paid off our national debt again. Continue reading →