Protectionist? Maybe, but not really

Reuters:

Both President-elect Barack Obama and Vice President-elect Joe Biden will huddle with Democratic and Republican congressional leaders on Monday to try to advance a huge economic stimulus bill that Obama hopes can be enacted quickly, despite Republican reservations.

Obama's transition team said it is mulling "buy American" provisions for the stimulus package that could favor U.S. companies over foreign competitors.

Is this protectionism sneaking its way into the Obama adminsitration? Or is this just subpar policy and, in light of all other maladies, the least of our worries? I'd guess its the latter although I do look forward to Larry Kudlow and his ilk huffing and puffing claiming otherwise