April 19, 2004

Buy Planet Earth

The job you save might be your own!

When the protectionists, be they on the Right or Left, start flinging their uneconomic rhetoric, they really can get people fired up. And a host of bad laws ensue. Depressing news from the WSJ:

Amid this election year's outsourcing clamor, politicians in at least 33 states are busy trying to pass "Buy American" laws. Apart from forcing taxpayers to pay more for services, the laws have another large problem: They violate the U.S. Constitution.

That's the finding of a new study out today from the National Foundation for American Policy, a Virginia think tank. Two lawyers examined more than 100 anti-outsourcing bills before Congress and state legislatures and concluded that the laws are dubious on both constitutional grounds and under America's international trade agreements.
Bad economics, bad law. Don't do it, people!

Posted by jk at April 19, 2004 06:30 AM
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