Are “Buy American” provisions in the federal stimulus package a good idea?

By PBN Staff
Posted 5/4/09

The federal government last month issued rules to implement the so-called Buy American provision in the $787 billion economic stimulus package that President Barack Obama signed in February.

The rules “instruct certain state and local governments to purchase goods and materials from a group of countries that excludes Canada,” according to Bloomberg News.

Trade representatives from other nations and some multinational companies have cried foul, saying the provision goes against the U.S.’s free trade obligations. But supporters say it is only right that a huge outlay of taxpayer money meant to prop up the American economy goes directly to U.S. firms.

What is your view?

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