The Democratic Party platform of 1900

[eridani]

http://janda.org/politxts/PartyPlatforms/Democratic/dem.900.html

We declare again that all governments instituted among men derive their just powers from the consent of the governed, that any government not based upon the consent of the governed is a tyranny, and that to impose upon any people a government of force is to substitute the methods of imperialism for those of a republic. We hold that the Constitution follows the flag, and denounce the doctrine that an Executive or Congress deriving their existence and their powers from the Constitution can exercise lawful authority beyond it or in violation of it. We assert that no nation can long endure half republic and half empire, and we warn the American people that imperialism abroad will lead quickly and inevitably to despotism at home.

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We are in favor of extending the Republic's influence among the nations, but we believe that that influence should be extended not by force and violence, but through the persuasive power of a high and honorable example.

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We oppose militarism. It means conquest abroad and intimidation and oppression at home. It means the strong arm which has ever been fatal to free institutions. It is what millions of our citizens have fled from in Europe. It will impose upon our peace loving people a large standing army and unnecessary burden of taxation, and will be a constant menace to their liberties. A small standing army and a well-disciplined state militia are amply sufficient in time of peace. This republic has no place for a vast military establishment, a sure forerunner of compulsory military service and conscription.

[CabCurious]

1. Over $1 trillion a year towards defense

I would add that we also remember the difference between a FINANCE economy and a REAL economy.