Buy American, Buy Depression

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This is an opinion item.

Author(s) Investor's Business Daily editorial board
Source Investor's Business Daily
Date February 9, 2009
Quotes-start.png "EU ambassador to the U.S. John Bruton warned Congress that the "Buy American" provisions will damage the U.S. as well as world trade by building protectionist sentiment around the world. Even a watered-down provision "Buy American" provision passed "in a manner consistent with U.S. obligations under international agreements" is still bad news, Bruton said. It may not violate treaties, he said, but it's protectionism just the same." Quotes-end.png

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This item argues for the position Act's "Buy American" provisions should be removed on the topic American Recovery and Reinvestment Act of 2009.