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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (13097)	4/3/2002 6:14:02 PM
From: Warpfactor	Respond to of 23153

<< Not to mention that steel tariffs do nothing but postpone the inevitable decline of an industry that has refused to right itself even after 30 years of off and on government massaging. And the process of keeping a sickly industry alive serves only to threaten the rest of the economy.>> From a macroeconomics POV, what this guys says about steel is all true. From a national defense POV, it makes sense to possess domestic steel production. Assume the US invades IRAQ, gets stuck in a quagmire fighting in the big cities. Taliban/Al-Quaida go on the offensive in Afganistan, sucking up more military resources. Guess what, China then decides its time to go after Taiwan and North Korea decides South Korea is obtainable. Oh, and while were not looking, Argentina decides that its an opportune time to go after the Falklands again. This as a potential future, and the US reliant on Asian steel for defense? Warp