Submitted by Benton Foundation on June 3, 2009 - 8:18am
Last updated: June 3, 2009 - 8:18am
Source: New York Times
Author: Editorial staff
THE PERIL OF 'BUY AMERICAN'
[Commentary] It's not surprising that Democrats in Congress could not resist adding a "Buy American" provision to the fiscal stimulus bill earlier this year. It might seem sensible (or at least politically useful) to ensure that taxpayer dollars would be used exclusively to support American jobs. But as states and municipalities start spending stimulus money, the idea is starting to look as counterproductive as it should have looked from the beginning. It is sparking conflict with American allies and, rather than supporting employment at home, the "Buy American" effort could ultimately cost American jobs.
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