The Policies of Alexander Hamilton and Andrew Jackson Essay

The Policies of horse parsley Hamilton and Andrew capital of Mississippi - Essay ExampleHe also has a high cipher towards the upper-class and educated men as the fittest to become the countrys leaders. Opposing the political views of Hamilton is capital of Mississippis democratic-republicanism. He stressed out the ordinary peoples right to vote and the jump president to represent totally Americans, regardless of their social standing (The Presidency). He is known to be Hamiltons critic who contradicts federalism ideals. He regarded Hamiltons views as elitist and idealistic. Relationship to Modern America Today, the American federal official establishment is a combination of two political views. It takes Hamiltons view on the independence of organization branches and capital of Mississippis idealism on suffrage. States also are given freedom provided that they also personify the national law. In other words, todays politics resemble both political views. First, the elitist loca ting of Hamilton is still surviving, although discouraged by modern thought. Many of the politicians today are with high educational punctuate and came from influential families. Second, Jeffersons state independence is practiced. State leaders are given the freedom to fiat existing laws or to make laws not found with the rest of the states (e.g. legal drinking age). Economic Views By the end of the American Revolution, the country has to face a tremendous economic problem. There is an estimated $54 gazillion debt of the United States while it only has barely half of the amount as their asset ( black lovage Hamiltons). Clearly, there is a huge deficit in the countrys economic budget. To address this problem, Alexander Hamilton was given the task to regulate all forms of economic activities until it stabilizes. As young as he was at that time, he regarded taxation and debt management as a two-way street to economic stability. He proposed that all states should be imposed by approp riate taxes for debt payment. Although states that are already debt-free at that time resisted against this proposal, it is still pursue and became successful. The next move by Hamilton was to establish the Bank of the United States as modeled from the Bank of England (Alexander Hamiltons) to take care of the collected taxes. While concerned with the nations debt payment, unlike Hamilton, Jackson disagrees with imposing taxes on states and became an advocate of the Laissez-Faire economy. This means to say that states are free to make international economic relations and other local economic activities without the imposition of taxes or the intervention of the national government (Ambrose and Martin 33). Despite the success of Hamiltons implementation of taxes and debt management, Jackson believes that an economy is better off without the presence of both. Since his younger years, Jackson hated debt in general, more so with national debt (Smith).