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To: LS

What are your thoughts about Hamilton?


127 posted on 06/10/2011 4:54:18 PM PDT by Siena Dreaming
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To: Siena Dreaming

I think he gets a bad rap. Read Chernow for a good view. In my book, “What Would the Founders Say?” I show that Hamilton did NOT advocate a lot of debt, but rather he developed a way that the U.S. could develop good credit by paying its existing debt. I think AH is badly misunderstood by conservatives. Yes, he favored tariffs but only to protect two industries that he saw as necessary to national defense, iron and textiles. We have no record of him supporting high tariffs in general, or in non-defense sectors.


128 posted on 06/10/2011 5:44:26 PM PDT by LS ("Castles made of sand, fall in the sea . . . eventually." (Hendrix))
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