"Buy American" hurts Americans
by Sheldon Richman
Future of Freedom Foundation
President Bush has a plan to address the so-called trade deficit, which worries people so much. According to the wire services, Bush said, 'People can buy more United States products if they're worried about the trade deficit.' That will appeal to many Americans in a nationalistic fever. What could make them feel better than passing up inexpensive, high-quality, foreign-made products and buying pricier, American-made counterparts? But it won't help the economy or the American people in general. Frankly, I can't tell whether President Bush is kidding or not...
http://www.fff.org/comment/com0412j.asp
Informant: Thomas L. Knapp
Future of Freedom Foundation
President Bush has a plan to address the so-called trade deficit, which worries people so much. According to the wire services, Bush said, 'People can buy more United States products if they're worried about the trade deficit.' That will appeal to many Americans in a nationalistic fever. What could make them feel better than passing up inexpensive, high-quality, foreign-made products and buying pricier, American-made counterparts? But it won't help the economy or the American people in general. Frankly, I can't tell whether President Bush is kidding or not...
http://www.fff.org/comment/com0412j.asp
Informant: Thomas L. Knapp
Starmail - 30. Dez, 13:51
