Mises Wire

Protectionism Creates Jobs, Promotes Free-Enterprise And Can-do Spirit

Protectionism Creates Jobs, Promotes Free-Enterprise And Can-do Spirit

‘Buy American’ legislation draws fire:

On Friday, the Information Technology Association of America called the measure bad security policy and bad economic policy. The legislation, an amendment to the Homeland Security Authorization Act, would force the Department of Homeland Security to buy products mostly made in America. The legislation was authored by Rep. Don Manzullo, an Illinois Republican, and passed by the House on Wednesday. It would require more than 50 percent of the components in any end product procured by the department to be mined, produced or manufactured inside the United States. “With this purchasing prohibition, I guess (the department) will have to learn to do without computers and cell phones,” ITAA President Harris Miller said in a statement. “I cannot think of a single U.S. manufacturer that could meet this 50 percent threshold for these devices, and I doubt that those charged with protecting our safety here at home can either.”
[...]
According to ITAA’s Miller, the latest “Buy American” legislation would invite similar restrictions from other countries and raise the government’s cost of doing business. “This legislation puts politics in front of common sense in combating terrorist threats. At the same time, it sends a signal to our trading partners that protectionism trumps global trade,” Miller said in a statement. “That’s a lose-lose proposition for the nation.”
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