Young Research & Publishing Inc.

Investment Research Since 1978

Buy American, Hire American

By

welderSmall-business is the heartbeat of the American economy. President Trump visited Snap-on Inc. yesterday in Kenosha, WI to sign his “Buy American, Hire American” executive order.

“The ‘Buy and Hire American’ order I’m about to sign will help protect workers and students like those of you in the audience today,” the president said in a speech. “This historic action declares that the policy of our government is to aggressively promote and use American-made goods.”

Trump said his order aims to reevaluate U.S. trade deals with foreign governments and enforce ‘Hire American’ rules — saying too many domestic jobs have been taken by foreign workers through widespread “abuses” in the United States’ immigrant work visa program.

“Right now, H-1B visas are awarded in a totally random lottery, and that’s wrong,” he said. “Instead, they should be given to the most skilled and highest paid applicants and they should never, ever be used to replace Americans. No one can compete with American workers when they are given a fair and level playing field.

Read more here.

President Trump Makes Remarks and Signs the Buy American, Hire American Executive Order

 

The following two tabs change content below.

E.J. Smith

Editor-in-Chief
E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH. His first drum set was a 5-piece Slingerland with Zilldjians. He grew-up worshiping Neil Peart of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West and Paris. Please get in touch with E.J. at ejsmith@youngresearch.com.