Sunday, 23 April 2017

National Review: Trump’s ‘Buy American, Hire American’ Policy Is Dangerous Nonsense

National Review: Trump’s ‘Buy American, Hire American’ Policy Is Dangerous Nonsense

by David Harsanyi

"Moreover, it seems telling that many of those who are concerned about illegal immigration also seem intent on lowering numbers of legal and potentially high-achieving immigrants from entering the country. The underlying message is that there is a cultural problem, not merely an economic one. “When two-thirds or three-quarters of the CEOs in Silicon Valley are from South Asia or from Asia, I think . . . ,” White House chief strategist Steve Bannon said not long ago in a jumbled explanation of economic nationalism, “a country is more than an economy. We’re a civic society.”

The second part of the order cuts down on waivers and exemptions to President Herbert Hoover’s Buy American law. It instructs agencies to use American-made goods and services rather than saving taxpayer dollars or searching out the best deals they can. This is how we incentivize rent-seeking and cronyism. Until a couple of months ago, this is what Republicans used to call “picking winners and losers.” If you thought General Motors shouldn’t be bailed out because it couldn’t compete in a global marketplace, why would you support a state-impelled “Buy American, Hire American” when it comes to steel, for example?"

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