Compare and contrast the political views and public policies of Essay

Compare and contrast the political views and public policies of Alexander Hamilton and Thomas Jefferson - Essay Example By the time certain economic decisions and policies were deliberated upon, taking foreign affairs to account, these revolutionary U.S. leaders further acquired opposing perspectives on addressing how the national debt should be managed. According to Hamilton, national debt ought to be kept permanent for the sake of a healthy economy for the nation and that such debt must be paid off by the government to the party in current possession of the certificate at the time. On the other hand, Jefferson contradicted the permanence to national debt and asserted that it should be the original bearer of the certificate who must get paid off, knowing that this would be advantageous to the common citizens. However, the following enactment approved the proposition made by Hamilton instead and the affluent became even wealthier, having purchased the certificate from their common counterparts.