Trump’s "Buy American, Hire American" policy is dangerous nonsense

Over the past couple of decades, a high number of immigrants (which many H-1B visa holders become) have been part of innovations and start-ups that have created jobs for American workers. Now, even if you don’t believe immigrants add economic value, how exactly is cutting down on high-tech visas going to help rehabilitate the economically depressed areas of the nation?

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Moreover, it seems telling that many of those who are concerned about illegal immigration also seem intent on lowering numbers of legal and potentially high-achieving immigrants from entering the country. The underlying message is that there is a cultural problem, not merely an economic one. “When two-thirds or three-quarters of the CEOs in Silicon Valley are from South Asia or from Asia, I think . . . ,” White House chief strategist Steve Bannon said not long ago in a jumbled explanation of economic nationalism, “a country is more than an economy. We’re a civic society.”

The second part of the order cuts down on waivers and exemptions to President Herbert Hoover’s Buy American law. It instructs agencies to use American-made goods and services rather than saving taxpayer dollars or searching out the best deals they can. This is how we incentivize rent-seeking and cronyism. Until a couple of months ago, this is what Republicans used to call “picking winners and losers.” If you thought General Motors shouldn’t be bailed out because it couldn’t compete in a global marketplace, why would you support a state-impelled “Buy American, Hire American” when it comes to steel, for example?

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