Awww, can we all hug now?
Awww, can we all hug now?
All together now..............Kum ba yah.....
If the government wasn't propping up domestic steel, the industry would have died off a while ago.
Again, theory buts up against reality. Flop, if industries started fleeing to other countries because it's cheaper to manufacture there (actually, this is happening), we could ultimately be left with few jobs. Technology has helped make this possible. My point is: the bottom line is not the bottom line, and it doesn't necessarily represent the right or the moral thing--unless you are a corporation. We are the United States of America (i.e. people), not the United Conglomorate of Corporate Gain (i.e., dollars). As to the steel industry, I can think of at least one reason, besides jobs, we want to have one here: defense.
The President (Petter Sellers in Dr. Strangelove) on the phone from the Pentagon:
"Dmitri, how soon can you get us that new shipment of tanks?" [pause]
"Three months! But we need them now. You promised we would have them [click] Dmitri!, Dmitri!"
I'm sorry that you think my posts are only based in theory. I tend to think that competitive advantage, comparative advantage, general economics, and creative destruction (Schumpeter) are all reality-based, and should guide decision-making.
If you want to create a special category for critical defense-based, government assisted companies/industries, then you at least have a defensible argument. In my opinion, having the government step in just because there may be some short-term (or even longer-term) disruption to employment sectors is a bad idea. In the end, you wind up with the government supporting industries that are non-competitive and don't add value.
Also, aren't corporations made up of people (and owned by people)? Why is it that things that are good for corporations are believed to be bad for people? That's the vibe I get from many posters on this board.
If Matclone starts viewing corporations as companies that actually have human beings depending on them for work, pay, and livlihood, it will completely ruin their blueprint and talking points regarding corporations = devil, Bush = devil.
C'mon I thought you were smarter than that. Think about what I am saying. Thinking with a broader worldview and understanding, which is to say not thinking like an eigth-grader would flip their liberal agenda upside down.
Corporations are driven by profits for the few at the top of the corporation, not by how many jobs and what benefits they can provide to the rest of the employee tree.
When profits for the few rather than the rest of the employee tree is the driving force of the corporation, many employees often do not get fair treatments, slaries, and benefits with regard to the work they put in. Those enormous multi-million dollar bonuses for the few come from ripping off the lower workers.
yes, of course they are driven by profit. for the benefit of sharholders. why is this bad? Corporations have thousands of employees. Rich companies are good for employees. Poor companies are bad for employees. Small children could understand this concept.