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Biden's ‘Buy American’ Plans Deny Opportunities to Build Cheaply

Cato Podcast

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Are There Downsides to by American Inflation?

Larry somers, the nomist, basically called out both joe byden and paul crugman in saying, hey, these bi american provisions are inflationary. When you have these kinds of restrictions, it means less competition. It means that people cannot buy at the lowest cost. But when you ha a lot of money sloshing around in an economy, that's where you see price hikes. That's where yousee the increases.

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