Are We Really "Buying American?" Do We Need To?

Published: Nov. 6, 2023, 7:30 a.m.

"Buy American" was a phrase coined by the government in 1933,\xa0 in the midst of the Great Depression. It granted a preference to domestic products in\xa0 government purchases to shore up US companies when the economy was in the pits. Is it still a good idea today in a global economy?