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Politics : PRESIDENT GEORGE W. BUSH

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To: J.B.C. who wrote (194996)10/23/2001 1:54:18 PM
From: willcousa  Read Replies (1) of 769667
 
Ever eat at the Red Door in Donora? I agree with a lot you say. In fact, because of an oligopolistic competitive situation in the steel industry management and the unions teamed up to pass on high wages and inefficiencies in the production of steel on to the public. Real competition from other countries and the jig was up. I remember US Steel people running a road show in the early 70's on how the industry was doomed because it couldn't raise the capital to become competitive. In the end, neither labor or management would team up to make the bold changes that had to be made to sustain the business. The major mills closed and the city became a disaster area. P'burgh today is a great story of overcoming that event and becoming greater than ever.
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