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To: Willie Green
Neocons, however, have been adament that our domestic industry shut down and consolidate this "excess" global capacity.

The luddites prefer the higher profits they can obtain by operating antiquated, pollution-belching technology that's acquired cheaply on the global market.

And, by the way, they also managed to raise the price of steel along the way, by "rationalizing" elements of American steel production right out of business.

The next victim may well be NuCor, hailed only 10 years ago as the 'salvation' of US steel industry...

57 posted on 08/25/2004 9:54:59 AM PDT by ninenot (Minister of Membership, TomasTorquemadaGentlemen'sClub)
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To: ninenot
The next victim may well be NuCor, hailed only 10 years ago as the 'salvation' of US steel industry...

Yes, Nucor rightfully deserves accolades for being one of the most technologically advanced, productive and environmentally clean steel producers on the face of the planet.
Yet they may fall victim to the two-pronged attack orchestrated by the neocon globo-luddites.

  1. Their profitability is undermined by cheap imports.
  2. The Administration encourages their customers to move offshore.

The Administration has proven time and time again that it is a worse plague on America's industrial infrastructure than anything that could be imagined by Hitler, Stalin, Mussolini, Tojo, Kruschev, Mao, etc. etc. etc.

61 posted on 08/25/2004 10:16:36 AM PDT by Willie Green (Go Alan Go!!!)
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