Knowledge Seeker
  • Home
  • Articles

Our Sugar Daddy

2/5/2017

 
I get the impression that some French people have a chip on their shoulders about Americans. I'm sure those who live in Normandy still love us. But I want to remind everyone that we do owe France a tremendous amount of gratitude for the birth of our nation and not just for their military support, but more for their financial investment in the future of our country.

They not only helped fund our war against Britain, they also gave us start-up cash and a line of credit to get our... country off the ground. We're in debt around $20 trillion now but the fact is our country started off in a lot of debt. Our Federal government wasn't up and running until around ten years after the war so colonies' obligation to help out financially was more of a give what you can. It didn't go well. It was Alexander Hamilton who helped get us on track by creating a tax system and holding the colonies accountable for pitching in to run Federal government services and pay down the debt. Of course this wasn't popular. A lot of colonists naively thought the days of taxation were over; they just didn't get that the real promise made was "taxation WITH representation."

France had anterior motives for helping us as for them it was seen as an investment. A strong and growing American economy meant more trade opportunities for their citizens and more taxing opportunities for the French government as the currency flowed back and forth. Britain wasn't a viable trade partner for them as they had been fighting each other for hundreds of years and there was zero trust to create any type of trade agreement so France had to find other opportunities for growth.
​
Even though they had anterior motives it doesn't take away the fact that a big reason we live in the United States of America is because France believed in capitalism. Take that Bernie Sanders. Viva le France!

Comments are closed.

    Author: John Mann

    Picture

    Archives

    March 2023
    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    February 2015
    December 2014
    November 2014
    October 2014
    September 2014
    August 2014
    July 2014
    June 2014
    May 2014
    April 2014
    March 2014
    February 2014
    January 2014
    December 2013
    November 2013
    October 2013
    September 2013
    August 2013
    July 2013
    June 2013
    May 2013
    April 2013
    March 2013
    February 2013
    January 2013
    December 2012
    November 2012
    October 2012
    September 2012
    August 2012
    July 2012
    June 2012
    May 2012
    April 2012
    March 2012
    February 2012

    RSS Feed

Proudly powered by Weebly