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Politics : PRESIDENT GEORGE W. BUSH
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To: Ish who wrote (266901)6/25/2002 6:25:59 PM
From: DuckTapeSunroof  Read Replies (2) of 769670
 
Re: "Years ago, as our steel mills were aging and not as efficient, countries like Japan were building newer mills and our steel mills went to pot. The older mills couldn't compete. The tariffs will give them a chance to upgrade and become competitive again. Jobs for Americans."

>>> Europe's spent the better part of the last 20 years consolidating it's steel makers and investing in their upgrade. With the exception of Nucor (who doesn't need, or benefit from the tariffs), why didn't our Titans of Industry invest in upgrading their facilities instead of their golden parachutes?

Re: "In the last few years our economy has moved away from making things to a service economy. US industry needs a boost. Do you have a problem with US workers getting hired back?"

>>> As every economic analysis shows, the steel tariffs COST us JOBS overall (in autos, ports, appliances, construction, etc.) and SLOW the economy down... shoving the costs onto the backs of American Consumers.

>>> If Bush really cared about the steel JOBS, he could have offered $100,000 annual retirement payments to all the affected workers and it STILL would have cost the US far less (only that way all the money would have gone to the actual workers... not the plant owners :)
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