By someone else
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2018 Jul 14, 10:08am
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For more than 100 years, Granite City has defined itself as a hardworking mill town, a place where young people eager to cement a solid financial future without a college degree have to look no further than the dirt and iron and fire of the local steel plant, which stretches over 2 square miles. The opportunity afforded by the plant came to a halt at the end of 2015, when the plant idled production, laying off 2,000 people.But the first blast furnace now has been restarted and U.S. Steel is filling 800 jobs at the mill, a result of the steep tariffs that President Donald Trump announced on imported steel and aluminum earlier this year. The Trump administration has in recent months imposed tariffs on goods from Canada, Mexico and China and on Friday imposed tariffs on $34 billion worth of Chinese imports. That country responded by levying tariffs of its own on American-made goods.The trade war has spurred an outcry from most U.S. businesses. In Granite City, though — which voted narrowly for Trump in the 2016 election — the tariffs are helping bring back well-paying steel jobs and lifting its economy.
Other countries can charge more for US goods as well.
Export dependent China (but getting less so) and Germany are not in a good position to have a trade fight with us, in particular.
I have to say China played the game admirably for decades now, getting US manufacturing knowledge transferred wholesale to themselves with enthusiastic help from our treasonous oligarchs who saw an opportunity to avoid paying US workers first-world wages and to avoid the costs of environmental regulation.I suppose we are better off in a way, having exported our pollution along with our jobs.
mell sayseven if it means large unemployment amongst the working class. By the end of Obama administration the unemployment was really low
even if it means large unemployment amongst the working class.
mell saysin the end people want to live a dignified life with a basic income to provide and support their family and be contributing members of society and their family and neighborhood tribes. You argue for capitalism and you argue for socialism. Can't have both ways
in the end people want to live a dignified life with a basic income to provide and support their family and be contributing members of society and their family and neighborhood tribes.