HomeUploadUpload DirectHotlinkRandomAbouttheme toggle
Expand

Why Trump's 'Buy American, Hire American' is un-American

Views:1074
@ReasonVids

In his quest to "Make America Great Again," President Donald Trump has spent a week encouraging us all to buy products "Made in America."

That makes for a good slogan—who doesn't want to support home-grown businesses?—but bad and incoherent policy. Most of all, it will do little or nothing to help Americans who have been put out of work by changes in technology and the economy.


Subscribe to our YouTube channel: http://youtube.com/reasontv
Like us on Facebook: https://www.facebook.com/Reason.Magazine/
Follow us on Twitter: https://twitter.com/reason
Subscribe to our podcast at iTunes: https://goo.gl/az3a7a

Reason is the planet's leading source of news, politics, and culture from a libertarian perspective. Go to reason.com for a point of view you won't get from legacy media and old left-right opinion magazines.


For starters, it's hard to even get a clean definition of what it means to be made in America. The Jeep Patriot, for instance, pushes nationalism in its very name but its transmissions are made in Japan, Germany, and Mexico. The same is true for dozens of products carry a "made in America" tag—oftentimes, a lot of something is assembled or sourced outside the United States and only a little bit of labor is added within our borders.

The United States often has much higher labor costs than foreign countries, which means the same thing created solely in America would have an astronomical cost. According to one estimate, if Apple iPads were made in America, they would cost $967 a piece or about three times today's basic price. The resulting fall in sales would cost about 67,000 manufacturing jobs.

Pushing "Made in America" carries other costs, too: To hype his "Made in America" policy, President Trump invited 50 exemplary companies to the White House for a photo op. It turns out that 21 of them received various federal, state, and local subsidies worth about $600 million. If you're taxing Peter to subsidize Paul, chances are you're not creating much real economic activity.

Pushing economic nationalism is also an affront to personal liberty and basic economics. Why shouldn't individuals be allowed to buy the products they think are best and cheapest regardless of where they come from? You might as well tell people to only "date American" or "vacation American."

Virtually all economists agree that protectionism dampens economic activity and growth by increasing prices and keeping workers and resources in sunset industries that will need more and more help to stay afloat. One study of industry-specific protectionist policies found that trying to make people "buy American" led to consumer losses per job saved of over half-a-million dollars. And for all the talk Donald Trump and others hve made about bringing back "good-paying" manufacturing jobs to America, the fact is that manufacturing jobs as a percentage of the work force peaked in 1943 and has declined ever since. We're truly a post-industrial nation.

There's no question that even with historically low unemployment rates, many Americans are having trouble finding good-paying, rewarding jobs in a global economy that demands constant upgrades and changes from workers. But the best way to help them is by pursuing policies by help produce the sort of economic growth that creates new jobs, new opportunities, and new wealth for all of us: Lower government spending, flatter and less distorting taxes, and less regulation.

Telling us all to "Buy American" is a cheap slogan best left on baseball caps made overseas.

Edited by Todd Krainin. Written by Nick Gillespie. Cameras by Meredith Bragg.

libertarian
,
reason magazine
,
reason.com
,
reason.tv
,
reasontv
,
jobs
,
employment
,
nationalism
,
protectionism
,
made in america
    Thumbnail for Stossel: Departments Grow and Cherries Rot3:29
    Stossel: Departments Grow and Cherries Rot
    ReasonVids
    924 views
    Thumbnail for cozy weekend vlog!🧁🧸baking, smoothies, sleep :) | toomuchzozo16:49
    cozy weekend vlog!🧁🧸baking, smoothies, sleep :) | toomuchzozo
    invidious
    49 views
    Thumbnail for Eiji Shirow vs Gogeta (SS1, Pocket) - MUGEN (Gameplay) S1 • E320:58
    Eiji Shirow vs Gogeta (SS1, Pocket) - MUGEN (Gameplay) S1 • E32
    memology101
    1289 views
    Thumbnail for OESTE SEM FILTRO - ESTREIA DE ADALBERTO PIOTTO - 06/11/2023 | Revista Oeste2:52:06
    OESTE SEM FILTRO - ESTREIA DE ADALBERTO PIOTTO - 06/11/2023 | Revista Oeste
    invidious
    350 views
    Thumbnail for spend a productive day w me :)🌧️🛒 i can finally do a pushup! | toomuchzozo16:39
    spend a productive day w me :)🌧️🛒 i can finally do a pushup! | toomuchzozo
    invidious
    46 views
    Thumbnail for Hoping For Some GTA 6 News Today & Grinding to $1 Billion GTA 5 Online (PANTHER RETURNS TOMORROW!) | TGG3:44:42
    Hoping For Some GTA 6 News Today & Grinding to $1 Billion GTA 5 Online (PANTHER RETURNS TOMORROW!) | TGG
    invidious
    180 views
    Thumbnail for Despite making up only 10% of Nygean space...0:23
    Despite making up only 10% of Nygean space...
    AOU
    2691 views
    Thumbnail for How Brazil’s Libertarian Movement Helped Bring Down a President15:28
    How Brazil’s Libertarian Movement Helped Bring Down a President
    ReasonVids
    878 views
    Thumbnail for The Road to CanadaCare? Sally Pipes on The Truth About ObamaCare8:07
    The Road to CanadaCare? Sally Pipes on The Truth About ObamaCare
    ReasonVids
    905 views
    Thumbnail for California Redevelopment Agencies Abused Their Powers & Should Never Return10:00
    California Redevelopment Agencies Abused Their Powers & Should Never Return
    IJvids
    899 views
    Thumbnail for Oh man, she almost got there ...0:54
    Oh man, she almost got there ...
    bestofupgoat
    409 views
    Thumbnail for Is Obama to Blame for Syria's Disaster? "ISIS: Inside the Army of Terror" co-author Michael Weiss11:32
    Is Obama to Blame for Syria's Disaster? "ISIS: Inside the Army of Terror" co-author Michael Weiss
    ReasonVids
    966 views
    Thumbnail for One Year Since the Capitol Riot — Biden Asks the Right Question12:32
    One Year Since the Capitol Riot — Biden Asks the Right Question
    AmericanRenaissance
    803 views
    Thumbnail for Ina Garten's Transformation Is Seriously Turning Heads | Mashed12:18
    Ina Garten's Transformation Is Seriously Turning Heads | Mashed
    invidious
    330 views
    Thumbnail for Bakanlık İstinaf Başvurusu - Nevzat Neden Ceza Almalı? Narin Güran ve Kerem Karakaya Dosyası | Vtd Güncel1:48:23
    Bakanlık İstinaf Başvurusu - Nevzat Neden Ceza Almalı? Narin Güran ve Kerem Karakaya Dosyası | Vtd Güncel
    invidious
    112 views
    Thumbnail for @helena after a first date0:10
    @helena after a first date
    bestofupgoat
    67 views
    Thumbnail for chaotic saturday vlog! | toomuchzozo15:50
    chaotic saturday vlog! | toomuchzozo
    invidious
    45 views
    Thumbnail for The Trump Tax Plan Is Government as Usual4:20
    The Trump Tax Plan Is Government as Usual
    ReasonVids
    860 views
    Thumbnail for There is Hope for Education in America! Andrew Campanella Tells Us Why2:45
    There is Hope for Education in America! Andrew Campanella Tells Us Why
    ReasonVids
    982 views
    Thumbnail for Obama vs. Reagan: Ray Griggs on His New Film, 'I Want Your Money'7:34
    Obama vs. Reagan: Ray Griggs on His New Film, 'I Want Your Money'
    ReasonVids
    990 views
    Thumbnail for W father and son | Tales Hour0:52
    W father and son | Tales Hour
    invidious
    202 views
    Thumbnail for Ever Wanted to Go to Mars? Mars One Candidate Talks Exploration3:29
    Ever Wanted to Go to Mars? Mars One Candidate Talks Exploration
    ReasonVids
    830 views
    Thumbnail for Obama's New New Deal: As bad as the old new deal?4:06
    Obama's New New Deal: As bad as the old new deal?
    ReasonVids
    929 views
    Thumbnail for 90s 2000s HIPHOP MIX🔥🔥Ice Cube, 50 Cent, Lil Jon, 2Pac, Dr Dre, Snoop Dogg, DMX & More 💰💰💰💰 | HIPHOP MIX1:00
    90s 2000s HIPHOP MIX🔥🔥Ice Cube, 50 Cent, Lil Jon, 2Pac, Dr Dre, Snoop Dogg, DMX & More 💰💰💰💰 | HIPHOP MIX
    invidious
    353 views
    Thumbnail for Հայլուր 20։30 Լարված ընտրապայքարն ավարտվում է. վերջին ինտրիգներն ու խոստումները՝ Գյումրիում | 5 TV Channel46:51
    Հայլուր 20։30 Լարված ընտրապայքարն ավարտվում է. վերջին ինտրիգներն ու խոստումները՝ Գյումրիում | 5 TV Channel
    invidious
    85 views

points

Permalink
Reply
libertarian
,
reason magazine
,
reason.com
,
reason.tv
,
reasontv
,
jobs
,
employment
,
nationalism
,
protectionism
,
made in america
TOS  •  Add Keywords  •  Donate  •   Analytics  •   DMCA  •   Puzzle