President Trump is poised to make good on a plank of his “America First” economic platform — he’ll sign the “Buy American, Hire American” executive order today (Tuesday).
Trump is expected to sign the order in a ceremony at Snap-On Tools in Kenosha, Wisconsin. It has two prongs:
- It will tighten restrictions on H-1B foreign work visas, which many tech companies use to bring in lower-wage white-collar workers.
- It will close loopholes federal agencies use to buy imported supplies.
The order will not affect H-2B visas, which apply to unskilled workers and which Trump’s various resorts use to staff service and cleaning positions. (USA Today)
FAsho Thoughts:
- This is a win for college-educated American workers. Talented people with specific skill sets shouldn’t lose out on jobs to foreigners.
- This will probably add to the federal deficit, because American-produced goods often cost more, and agencies won’t be able to bargain hunt as freely.
- Of course Trump wouldn’t do anything that would hurt his own financial interests.
- Tech companies oppose this order. They say they import workers not because of cost, but because those jobs would otherwise go unfilled.
- This should be a no-brainer. Why can’t Congress get him legislation instead of making him sign an EO?
Source: Radio One / Don Juan Fasho
