Cleveland, or anywhere else

Discussion in 'Economy' started by P F Tinmore, Aug 12, 2019.

  1. PixieStix
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    PixieStix Platinum Member Supporting Member

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    Steel was just cheaper when you buy from China. Every freaking thing is made in China. THIS is a problem. This is why the Trump admin looking at China trade is a good thing. Nothing we buy anymore has the quality it once had when it was made in the USA, now it is all China all the time.
     
  2. DGS49
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    DGS49 Gold Member

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    Just a note about the "steel industry."

    In case you are not aware, the U.S. has a thriving steel industry, and a thriving auto industry, as well - one that didn't need a government bailout.

    The thriving steel industry is a group of companies referred to in the industry as "mini-mills," the largest of which is NUCOR Steel. The thriving auto industry is the group of off-shore manufacturers who are happily and profitably making cars that people actually want.

    Interestingly, the "mini-mills" and the off-shore auto manufacturers have something significant in common: NO UNIONS. Their employees make good money, they have good benefits, good working conditions, and they have healthy 401k plans, but no unions.

    The Big Three auto makers have the United Auto Workers to partner with and the "integrated steel mills" had the USW.

    Draw the appropriate conclusion.
     
  3. P F Tinmore
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    P F Tinmore Diamond Member

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    I was worried about China getting favored trade status but I was not paying that much attention back then. Whose Idea was it and who voted for it?
     
  4. P F Tinmore
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    P F Tinmore Diamond Member

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    Indeed, unions made sense in the early part of the 20th century, but in the latter half they went nuts. Of course, mid century, CEOs were making a few hundred K a year not multi millions.
     
  5. P F Tinmore
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    P F Tinmore Diamond Member

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    Cleveland: Confronting Decline in an American City Full Version

     
  6. P F Tinmore
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    P F Tinmore Diamond Member

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    Nobody has an answer for this one, I see.
     
  7. P F Tinmore
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    P F Tinmore Diamond Member

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    Somebody? Anybody?
     
  8. P F Tinmore
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    P F Tinmore Diamond Member

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    I hear that there are more empty luxury apartments in NYC than there are homeless people.

    Who is driving this ship?
     
  9. P F Tinmore
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    P F Tinmore Diamond Member

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    The Neoliberal Scam: Public Money for Private Playgrounds

     

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