The slightest negative shock could have bankrupted the new federal government. Fortunately, the opposite happened: federal revenues tripled under the impact of a rapid post-war reconstruction boom, and continued to grow rapidly, aided by the country’s ability to remain neutral while wars ravaged the European continent.
在美国建国的最初几年中，债务利息吞噬了80%的联邦总岁入。只要发生一丝负面冲击，就能让新成立的联邦政府破产。幸运的是，情况正好相反：受战后重建繁荣刺激，联邦岁入增长了三倍，并因为美国在斩获蹂躏欧洲大陆时保持中立而持续快速增长。