On Thu, 5 Sep 2024 15:44:26 -0000 (UTC),
Post by Garrett WollmanPost by tonbeiThis is from today's news.
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Biden opposes plan to sell US Steel to a Japanese firm, citing the need
for 'American steel workers'
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My question is about "the need for 'American steel workers".
specifically the usage of "need" here.
1) American steel workers are needed, so they must be protected.
2) We should listen to what those workers need, or their demand or
request
The cynical explanation: Democrats need to win Pennsylvania to hold
onto the White House. Pennsylvania still has a lot of steel
workers,[1] and polls show that Democrats are weaker there than they
would like to be. The Republican standard-bearer, Donald Trump,
proposes to crash the economy with high protective tariffs, which the
steelworkers like, even though Trump is a staunch union-buster. Biden
wants to at least give them second thoughts about throwing their
support behind Trump. US Steel in particular is symbolic because most
of the other old-line unionized steel producers (Bethlehem, Jones &
Laughlin, etc.) have gone bust.
-GAWollman
[1] Although far fewer than it did when the steel industry was at its
zenith.
Here's a chart that shows steel production since 2026 -
https://www.statista.com/statistics/209343/steel-production-in-the-us/
Steel production was higher back before cars started using
aluminum and fiberglass, etc. The level of production dropped
after the 1970s, it has not dropped severely in recent years.
I don't know when the jobs were lost, but IIRC most of the
job loss is blamed on automation, not to decreased market.
Right now, the Japanese are attempting to buy US Steel --
"Biden preparing to block Nippon Steel Purchase of US Steel"
is a current headline. I have not bothered to follow it, even
though it is local.
In 2016, Trump made promises to coal and to steel to save
the industries, while Clinton was promising job re-training.
Trump's efforts seemed to be confined to reducing fines for
pollution by billions. Oh, wait, he did declare Canada and
Mexico to be "enemy nations" so that he could impose tariffs
under a law from the 1980s.
Several coal companies declared bankruptcy during Trump's
term, so I don't think he can claim any victory there.
Unlike steel, coal is collapsing owing also to a great decrease
in demand, but automation also has cost them many jobs. Giant
machines scraping the tops off mountains employ fewer workers
than deep mines do.
--
Rich Ulrich