John Stossel explains in a clear manner the real economic effects of "Buy American" which is used by the left to pander to unions. The real effects are not positive.
Read the column carefully and you will see the left (and I should say that it is prevalent on the right to the Republican panderers also!) do not think clearly about secondary effects of their actions.
The most well known - and still not discussed - example of this is the banning of DDT in the 1960's - still not allowed today, that has caused MILLIONS of Africans to die over the last few decades. Look it up on the web. It is an interesting example of where dogooders will sometimes take you!
Remember Stossel is a Libertarian so always take his writing from this perspective.
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