{"id":15567,"date":"2024-12-03T17:25:59","date_gmt":"2024-12-03T17:25:59","guid":{"rendered":"https:\/\/lonecandle.com\/?p=15567"},"modified":"2024-12-03T17:25:59","modified_gmt":"2024-12-03T17:25:59","slug":"federal-buy-american-rules-cost-over-100000-per-job-created","status":"publish","type":"post","link":"https:\/\/lonecandle.com\/?p=15567","title":{"rendered":"Federal ‘Buy American’ Rules Cost Over $100,000 Per Job Created"},"content":{"rendered":"\n

“In a rare instance of agreement, Republicans<\/a> and Democrats<\/a> have converged<\/a> on the idea that “Buy American” provisions should be expanded in order to increase American jobs. But a new paper finds that existing federal rules impose high costs on consumers.<\/p>\n\n\n\n

A September 2024 working paper<\/a> published by the National Bureau for Economic Research (NBER) found the Buy American Act has created more than 50,000 jobs. Just one catch: Each one of those jobs costs the economy more than $100,000.”<\/p>\n\n\n\n

…<\/p>\n\n\n\n

“The economists say “they find scant evidence of the use of Buy American rules as an effective industrial policy.” The BAA does not promote economic growth; it’s a costly “employment measure” that benefits a few by robbing all.”<\/p>\n\n\n\n

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Federal ‘Buy American’ Rules Cost Over $100,000 Per Job Created<\/a><\/blockquote>