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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: haqihana who wrote (19176)	5/19/2000 2:53:00 PM
From: Neocon	Read Replies (2) \| Respond to of 769670

A number of years ago, I watched a Congressional hearing on the protection of the steel industry, on C-SPAN. I was kind of horrible: the steel guys, union and management, came in with their sob story about Japanese steel. Then a fellow came from John Deere, who said that if they were forced to buy American, the price of a tractor would double. He pointed out that his people averaged $22000/year, not bad at the time, and that steel workers averaged $45000/year, which was very high in the mid- 80s. Then a bunch of other industries that used imported steel came in, with the same observation: their guys would suffer essentially to shield steel workers from competition. Meanwhile, a dozen of more other American industries would be devastated.........