Originally it was passed to protect U.S manufactoring items from competition
U.S. Constitution. It came after the articles of confederation failed and in a federalist coup the new American Constitution was ratified
GOLD STANDARD thereby changing US dollars into a fiat based currency (In God We Trust ;)
Oh, then he printered boat loads of dollar bills thinking more $ will equate to more tax revenue (supply side system)
BUT then the Phillips & Laffer curves were blown apart proving - Yes Mr. President, Inflation and High Unemployment CAN both exist at the same time.
lost of whats popular now. denim jean jackets and jeans with holes, Jordan sneakers, rap.
