Regulation of the Day 36: Buying American

The $787,000,000,000 stimulus contains a provision requiring the Department of Homeland Security to buy US-made textiles. Basically, that means TSA uniforms will go up in price.

Let’s look at the logic behind this. If DHS would just pay more money for the same product, leaving less money left over for purchasing other goods, we can stimulate the economy. Jobs will be created or saved.

Amazing that some people still think that restricting trade and voluntarily paying higher prices will increase prosperity.