Buy American Hurts America
Looming large in the stimulus package passed by the U.S. House of Representatives Wednesday is the expansion of "Buy American" provisions that discriminate against foreign goods and services inU.S. government procurement.
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Looming large in the stimulus package passed by the U.S. House of Representatives Wednesday is the expansion of "Buy American" provisions that discriminate against foreign goods and services inU.S. government procurement.
Congress should renew TPA as it is, allowing America to continuereaping the benefits of good policy.
Congress must act on two expiring trade preference programs, andtwo new proposals, before the end of the year.
The latest rankings of trade freedom around the world,[1] included by The Heritage Foundation and The Wall Street Journal in the forthcoming 2016 Index of Economic Freedom, confirm that citizens of countries that embrace free trade are better off than those in countries that do not. The data continue to show a strong correlation between trade freedom and a variety of positive indicators, including economic prosperity, low poverty rates, and clean environments.
A vote against the FTA on labor grounds would signal that America'sstance on labor rights is more rhetoric than substance.