• DahGangalang@infosec.pub
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    1 year ago

    I’m surprised at the amount of disagreement your comment is getting.

    I don’t want to downplay Jackson’s displacement of American Indians, but there was one real FUBAR thing Jackson did that no one remembers:

    He paid off the national debt.

    Completely and entirely. The federal government existed debt free for some months (I forget exactly how long, I want to say it was a year or so before borrowing exceeded income).

    On the face of it, this probably sounds like a good thing, but it hard crashed the economy. Obv wasn’t alive at the time, but it’s my understanding that it was the worst economic disaster until the Great Depression (and The Great Depression was only worse because the country and world were far more connected than the world of Jackson’s day).

    That said, I hear inauguration party was a real rager.