The root of America's jobs problem in its trade problem.
Protectionism's first American theorist was Alexander Hamilton.
1. "Protecting duties." (Tariffs.)
2. "Prohibition of rival articles or duties equivalent to prohibitions." (Outright import bans.)
3. "Prohibition of the exportation of the materials of manufactures." (Export bans on raw materials needed for industrialization here at home.)
4. "Pecuniary bounties." (Export subsidies, like those provided today by the Export-Import Bank and other programs.)
5. "Premiums." (Subsidies for key innovations. Today, we would call them research and development tax credits.)
6. "The exemption of the materials of manufactures from duty." (Import liberalization for industrial inputs, so some other country can be the raw materials exporter