Tag Archives | Buy American

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Reality TV Inventor Loses Big to ‘Buy American’ Fallacy

Bad economics and reality television just made Donny McCall an overnight hero. Unfortunately for him, it’s all for naught. On a recent episode of ABC’s Shark Tank, a show that features a panel of super-rich investors negotiating investment proposals from entrepreneurs, Invis-a-Rack owner Donny McCall was denied $100,000 to help expand his business because of…
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Buy American

Buy American! Or Not.

We hear it all the time: “Buy American”. Indeed, presidential candidate Rick Santorum (who semi-won the Iowa caucuses last night) just received the endorsement of the Conservative Party USA because he apparently “understands that ‘Buy American’ is the key to reviving the US economy”. I am not going to guess as to Mr. Santorum’s motives…
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