SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: kumar who wrote (18267)12/1/2003 2:08:32 PM
From: LindyBill  Read Replies (1) | Respond to of 793672
 
Come '04, this will be an issue in states like Pennsylvania, Ohio, West Virginia

Yes, but the WTO decision gives him good cover, Kumar. Bush can say, "I got you protection for two years, and a respite from overseas competition. Now the WTO won't let me keep it going."

At the same time, he can go to steel users, and say, "I brought the price of steel down."

I don't remember if any posted article spelled it out, but what is happening in manufacturing is the same thing that happened in farming. We are getting increased production from fewer workers. So job loss is permanent. But new business's take up the slack.



To: kumar who wrote (18267)12/1/2003 2:43:40 PM
From: DMaA  Read Replies (1) | Respond to of 793672
 
The US government is NOT doing nothing for the Steel industry. They knew the tariff was temporary and they used to give them breathing room to restructure, which they have done. Plus, the US has taken billions in pension liabilities off their back.

If they still can't make a go of it it isn't for lack of help from their government.