[Arthur Wildfire! March]

You brought up a very detailed and informative history ragarding trade. I'm not surprised that tight trade led to the roaring 20s. Money is like water, having a definite volume. If you have a leak in your bucket [something the government actually suggested one time, btw], water leaks out. When you have a trade deficit, the same thing happens.

Long term, Hamilton warned against being over-protective. At the same time, we must protect our infant industries.

Well, people laugh at calling US industry in general an 'infant industry'. But when you look at individual products, such as textile, they have VANISHED. We would need to start from scratch. That makes them 'infant', does it not?

[RnMomof7]

Think ROME...