http://www.biz2credit.in/blog Small business advice for financing, marketing and growing a company Thu, 09 Sep 2010 06:35:17 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 http://www.biz2credit.in/blog/2009/02/10/study-condemns-us-buy-american-provision-as-bad-for-jobs-worse-for-reputation/ http://www.biz2credit.in/blog/2009/02/10/study-condemns-us-buy-american-provision-as-bad-for-jobs-worse-for-reputation/#comments Tue, 10 Feb 2009 09:42:41 +0000 Biz2Credit Advisor http://www.biz2credit.in/blog/?p=473 A US study has named the “Buy American” provision in the $800 billion economic stimulus bill as “bad for jobs, worse for reputation.” Making a formal request to the US Congress to remove the provision, the study warned that “the negative job impact of foreign retaliation against Buy American provisions could easily outweigh the positive effect of the measures on jobs in the US iron and steel sector and other industries.” Additionally, the study indicated that the provision may encourage key suppliers like China, India, and Brazil to retaliate.

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