Let us look at the full quote.
From the preamble to the Declaration of Independence (Thomas Jefferson):
Quote:
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We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain inalienable rights, that among these are life, liberty and the pursuit of happiness.
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Looking at it in context, I fully agree with it.
I also agree with the underlaying premise that government should treat everyone without regard to race, color, religion, etc. (even though in reality, this did and does not happen).
This is different from the concept of "an eye for an eye" which is essentially dictating how punishment for crime is meted out.