Obama's "Buy American" already costing jobs.

Buy America could cost billions
and wipe out jobs

Canadian and American business leaders joined forces Thursday to warn of the growing threat to prosperity in both countries due to the so-called Buy American provisions in President Barack Obama's economic stimulus package.

"You can see billions of dollars that are in jeopardy, and tied to those billions of dollars are jobs," Myron Brilliant, senior vice-president of international affairs for the U.S. Chamber of Commerce, told a news conference in Washington.

As many as 600 steelworkers in Pennsylvania, whose union lobbied for the Buy America law, are slated to lose their jobs at Duferco Farrell after the company lost orders from its biggest customer because some of its goods are partly produced abroad.
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