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and this sort of basic economic reality
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was going to end up launching a debate
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about colonial rights and privileges that obviously down the road
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is going to have some pretty big consequences.
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And now we're going to basically look at
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what happens in response to this budgetary crisis about all the money
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spent in fighting the French and Indian War, and it begins
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with the opening of the 1764 budget debate
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in the House of Commons and so--
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It always begins--It begins with a budget.
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It begins with a budget problem, and George Grenville,
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who is the King's Prime Minister, is the cause.