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Re:Who Are These Economists, Anyway? (2009) [pdf] by WalterBright on Monday May 07, 2018 @01:45PM (#17014752)
> in net budgets weren't balanced in the Revolution to WWI period.

According to this, they were:

https://www.usgovernmentspending.com/debt_deficit_history

> US didn't start as a subsistence farming economy

Yes, it did. A consistent food surplus did not appear until around 1800. Bone evidence from the colonists showed repeated episodes of starvation.

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