scroll to top
Stuck on your essay?
Get ideas from this essay and see how your work stacks up
Word Count: 813
1 Hamiltons plan was to shape the fiscal policies to favor wealthier groups Why was this his intention What were the liabilities in this approachHamilton wanted the fiscal policies to favor the higher classes because he felt these wealthy groups would lend the government money and would gain support from the important higher social groups He believed that it would help give the federal form of government respect and confidence in societyThe liabilities in this approach would be that the wealthier groups may not want to lend Congress money even after having the wealthier groups being favored in the tax policies Also the non-wealthy groups will be unhappy with the fact that despite the wealthier classes excess of money the poorer classes still werent favored in the tax policies The lower classes may not have confidence in the government5 Was Hamilton wise in assuming the state debts Explain your reasoningHamilton was wise in assuming the state debts because there were more upsides to the motion than there were downsides Even though Congress had to pay a lot of money for the national debt just the fact that society will have gained trust in the government was enough They will also have the support of the higher classes to pay parts of the national debt Virginia somewhat unhappy with the assumption of the state debts was content after an agreement that put the federal district on the Potomac River This would help the District of Columbia be more involved in commerce as well as giving it a better reputation6 Why would Hamilton regard the national debt as actually being a national blessingHamilton regarded the national debt as actually being a national blessing because he felt it would strengthen the bond between society and their government The more creditors to whom the government owed money the more people there would be with a personal stake in the success of his ambitious enterprise In other
@Kibin is a lifesaver for my essay right now!!
- Sandra Slivka, student @ UC Berkeley
Wow, this is the best essay help I've ever received!
- Camvu Pham, student @ U of M
If I'd known about @Kibin in college, I would have gotten much more sleep
- Jen Soust, alumni @ UCLA