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Bringing jobs back
There’s “talk” of some steel plants reopening . One just announced 500 jobs. Sure that’s small but it’s a start.
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Bringing jobs back
On Fri, 9 Mar 2018 06:19:21 -0800 (PST), Tim wrote:
Theres talk of some steel plants reopening . One just announced 500 jobs. Sure thats small but its a start. I think its a push in the right direction and proves that there can be a reversal to bring work back to the US. Im for it... Can't wait for Harry to comment on this. Probably complain that 'Trump steel' is weak stuff. |
Bringing jobs back
8:17 AMJohn H - show quoted text - Can't wait for Harry to comment on this. Probably complain that 'Trump steel' is weak stuff. .... Or some kind of union snag hidden in there somewhere... |
Bringing jobs back
On Mon, 12 Mar 2018 09:18:00 -0400, John H.
wrote: On Fri, 9 Mar 2018 06:19:21 -0800 (PST), Tim wrote: Theres talk of some steel plants reopening . One just announced 500 jobs. Sure thats small but its a start. I think its a push in the right direction and proves that there can be a reversal to bring work back to the US. Im for it... Can't wait for Harry to comment on this. Probably complain that 'Trump steel' is weak stuff. === It turns out that the US steel industry shot themselves in the foot by not adopting new technology back in the 1950s while the rest of the world was doing it - very similar to what happened to the US auto industry back in the 1970s. --- This email has been checked for viruses by AVG. http://www.avg.com |
Bringing jobs back
Keyser Soze wrote:
Tim wrote: 8:17 AMJohn H - show quoted text - Can't wait for Harry to comment on this. Probably complain that 'Trump steel' is weak stuff. ... Or some kind of union snag hidden in there somewhere... Corporations gave away our steel industry. Bad decisions and the fact plentiful iron ore was used up. Also, the union pay rates were very excessive for the education needed. |
Bringing jobs back
On 12 Mar 2018 17:03:37 GMT, Keyser Soze wrote:
Tim wrote: 8:17 AMJohn H - show quoted text - Can't wait for Harry to comment on this. Probably complain that 'Trump steel' is weak stuff. ... Or some kind of union snag hidden in there somewhere... Corporations gave away our steel industry. === Are all corporations evil or just the ones you don't like? US steel workers have always been highly unionized and well paid by industry standards. That might have been just another bad management decision. --- This email has been checked for viruses by AVG. http://www.avg.com |
Bringing jobs back
On Mon, 12 Mar 2018 16:44:51 -0400, Keyser Soze
wrote: On 3/12/18 1:22 PM, wrote: On 12 Mar 2018 17:03:37 GMT, Keyser Soze wrote: Tim wrote: 8:17 AMJohn H - show quoted text - Can't wait for Harry to comment on this. Probably complain that 'Trump steel' is weak stuff. ... Or some kind of union snag hidden in there somewhere... Corporations gave away our steel industry. === Are all corporations evil or just the ones you don't like? US steel workers have always been highly unionized and well paid by industry standards. That might have been just another bad management decision. The U.S. steel industry decided to let its industry head overseas by not investing in new batch plants that made much better use of scrap and the result of not investing properly also killed the ore and coal industries. It wasn't as the developing technologies in making steel snuck up on the U.S. industry. === The U.S. steel industry didn't decide to let its industry head overseas anymore than the US auto industry decided to let Japan become a major auto building power. In both cases it was a result of inaction due to complacent, and somewhat arrogant management, resting on the status quo. --- This email has been checked for viruses by AVG. http://www.avg.com |
Bringing jobs back
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Bringing jobs back
On Mon, 12 Mar 2018 19:06:02 -0400, wrote:
On Mon, 12 Mar 2018 13:05:53 -0400, wrote: It turns out that the US steel industry shot themselves in the foot by not adopting new technology back in the 1950s while the rest of the world was doing it - very similar to what happened to the US auto industry back in the 1970s. It did not help the advancement of labor saving technology if they understood they still needed to employ the same number of people. === Certainly union agreements didn't help but It was more fundamental than that: https://www.bloomberg.com/view/articles/2018-03-05/steel-history-shows-how-america-lost-ground-to-europe Better, cheaper technology became widely available but US steel companies didn't invest in it for reasons that are not entirely clear. The only exception was Nucor that continues to do well, even in the face of foreign competition. --- This email has been checked for viruses by AVG. http://www.avg.com |
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