"Hire American, Buy American" Is Economic Redistribution

"Hire American, Buy American" Is Economic Redistribution
AP Photo/Susan Walsh, File

This week, President Trump reiterated his commitment to his “hire American, buy American” program — a supposedly crucial element in his “economic nationalist” program. The notion here is threefold: American companies should be forced to hire American labor; government contracts should go to American companies; American producers should be protected from domestic competition by revoking or altering international trade agreements.

All three of these policies have a long, ingloriously stupid history.

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