"Buy American" campaigns seem to arise in each major economic downturn that the U.S. experiences, in the 1970s, in the 1980s, and on. So, we are seeing the rise of economic nationalism again, a re-emergence of "Buy American" sentiment. With it, we hear the rationale that "buying American" saves U.S. jobs. But plenty has been written in the past about such protectionist ideas in the era of globalization. Would it work any better today?
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