Let's hope Larry Summers and Christy Romer are successful at beating back this bad idea.Both President-elect Barack Obama and Vice President-elect Joe Biden will huddle with Democratic and Republican congressional leaders on Monday to try to advance a huge economic stimulus bill that Obama hopes can be enacted quickly, despite Republican reservations.
Obama's transition team said it is mulling "buy American" provisions for the stimulus package that could favor U.S. companies over foreign competitors.
Sunday, January 4, 2009
The Protectionist Threat
Reuters reports:
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