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Buy local? We sell global.

June 15, 2009

"Buy local" is a common rallying cry. The "Buy Into the Circle" campaign of the Greater Des Moines Partnership is one example. Drew McLellan asks whether it makes sense today at IowaBiz.

It's really just a feel-good slogan. We're all part of a worldwide supply chain. Successful Iowa businesses have customers and competitors nationwide and overseas. There's nothing wrong with buying local if the price is competitive; if you buy from your own customers, that's common sense. But if you go broke because you fail to buy at the best price, you do nothing for the Iowa economy.