Buy American Mention of the Week, 11-23-13 (Telling Congress how to help U.S. economy)

[Omaha Steve]

http://mobile.wnd.com/2013/10/telling-congress-how-to-help-u-s-economy/

Telling Congress how to help U.S. economy
Exclusive: Roger Simmermaker announces new common-sense project

Roger Simmermaker

Many Americans have been quick to realize that in today’s economy, the best way to bolster prosperity is by buying American products wherever and whenever possible, but have you wondered if Washington has come to the same obvious realization?

To help make sure Washington gets the message about the powerful and positive impact that Buying American has on our economy, a non-profit, appropriately named the Buy American Project, has been founded to encourage our legislators to support common-sense, pro-Buy American legislation.

The Buy American Project does not make, give, or offer donations to political parties, candidates, or legislators. But that hasn’t stopped this non-profit from being effective.

We (I say “we” because I am the founder) have already been instrumental in expanding the ranks of the Congressional Buy American Caucus by signing up U.S. House and Senate members. If you’ve never heard of the Congressional Buy American caucus before, you’re not alone. We’ve found that many members of Congress have never heard of it either (there are literally hundreds of caucuses out there that legislators can join).

Read more at http://mobile.wnd.com/2013/10/telling-congress-how-to-help-u-s-economy/#OeiMLMkhVQXiT2T6.99

FULL story at link.

[djean111]

1. That is a wonderful goal! But the TPP will override that. Sorry!

Seriously, the TPP will do away with Buy American, because to do that would impact potential profits of Investors.
The Investors will be the most important thing, not individual countries.

http://www.exposethetpp.org/TPPImpacts_BuyLocal.html

"The TPP's procurement chapter would require that all firms operating in any signatory country be provided equal access as domestic firms to U.S. government procurement contracts over a certain dollar threshold. The United States would agree to waive "Buy American" and "Buy Local" procurement policies for all such foreign firms, eliminating an important policy tool to use U.S. tax dollars for U.S. job creation.

Some corporate TPP proponents argue that these rules would be good for the United States because they would ban domestic preferences in all signatory countries, allowing U.S. firms to bid on procurement contracts in other countries on equal footing with domestic firms. It is a ridiculous notion that new access for some U.S. companies to bid on contracts in TPP countries is a good trade-off for waiving "Buy American" preferences on U.S. procurement: Taking even the most favorable cut on other countries' markets, the total U.S. procurement market is more than five times the size of the combined procurement market of the current TPP negotiating parties: Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.

Even with Japan in the TPP, the U.S. procurement market is over twice as large as the new TPP procurement market would be. Plus, Japan and the United States are already party to the WTO's Government Procurement Agreement - which covers most procurement that the TPP would likely cover. Accordingly, there will be few, if any, new procurement opportunities in Japan for the United States."

Reeks, doesn't it.