President Trump signed an executive order “Buy American, Hire American First” this week. While everyone may like the sound of this the reality is contractors can get materials and labor less expensive from foreign sources and that keeps tax dollars down. Creighton University Economist Ernie Goss says there is no assurance from Washington D.C. that steps are being taken to keep those taxes from going up.
Goss says if more products are made here costs will go up and that will hurt the economy.
President Trump has criticized companies that move jobs and investment off shore.
