Buy American plan leads to ire, confusion »
Posted By Progressive 7 months ago in Business & Finance
WASHINGTON (AFP) -
The "Buy American" plan in US economic stimulus legislation is drawing increasing fire from US trading partners and also has led to confusion as government agencies try to implement the strategy.
Read Full Story at news.yahoo.com »
263 Views Share Story 6 Comments Report
Submitted By:
Progressive
There are only two kinds of people who are really fascinating: people who know absolutely everything, and people who know absolutely nothing. -- Oscar Wilde
I ...
Who Also Submitted: All »
Other Related Articles: All »
RSS Join the Discussion
+ Add CommentComments So Far: 6 (view all)
-
100%
fsev417 months ago
This comment is below the standard viewing threshold View It »
If the funds are intended to stimulate our economy I see no reason why American companies shouldn't be given preference in purchases whether it be for materials or services. I would go as far as to say regular budget funds should also be allowed to be spent with American companies first. We owe this much to opur workers and our businessmen.
Reply -
-
100%
cheif7 months ago
This comment is below the standard viewing threshold View It »
Agree fully...it's American taxpayer money being spent to stimulate American workers who can pay taxes and pay the money back to us...so why would other countries think they are entitled to a part of our stimulus money? It don't make sense...
Reply -
100%
cheif7 months ago
This comment is below the standard viewing threshold View It »
Speaking of taxes...did you all notice the young man in Winner
Reply
N.D. who won 231 million on the lottery?
The projection of his after-tax winnings is 88 million dollars!!!
This means our government took $143 million, a tax rate of well over the going rate of approximately 35%...
I'm not against him winning all that money, but the government getting more than 60% of his winnings is deplorable and embarrassing to me as a taxpayer that they can get away with it...it's late and my math I believe is wrong, and I think it's much higher than 60%...but you get the idea...
Add a Comment
Sign In With Your Propeller Account
Please keep your comments relevant to this story.
To create a live link, simply type the URL (including http://) or email address and we will make it a live link for you. You can put up to 3 URLs in your comments. Line breaks and paragraphs are automatically converted — no need to use <p> or <br /> tags.