On Wednesday’s “The Morning Blaze with Doc Thompson,” Doc Thompson analyzed President Donald Trump’s new “Buy American, Hire American” program and talked about why the free market is the answer, not more government. Trump signed an executive order on Tuesday that directs federal agencies to implement protections for certain American-made goods and aims to reform the H-1B visa program for skilled workers.
Doc emphasized the importance of the free market when it comes to making American companies competitive. The “Buy American, Hire American” mantra is “really, really difficult and naïve” in real-life practice, he said. Sometimes an American company may produce goods in Mexico, while a foreign company builds in a U.S. plant. Some U.S. products might be more expensive and of a poorer quality, making “Buy American” a policy that punishes the average American instead of helping.
“It is so amazingly simplistic to say ‘Buy American.’ … There are so many moving parts to ‘buying American.’”
Mike pointed out that as the freest nation in the world, America can reduce government regulation and allow its companies to compete with foreign companies that are usually subsidized by their own governments:
“That’s the one thing that other countries can’t compete [with], to have a free country with less government, less rules, less regulations, better tax structure, better economy. Then we have an advantage that outweighs the subsidies they give to those countries. And what is the one thing we’ve done? Cut our one advantage. … If you really want people to ‘Buy American,’ then you get the F out of the way.”