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Obama to tout U.S. economic recovery in Ohio steel mill visit
Yahoo News Via Reuters ^ | November 14, 2013 | Mark Felsenthal

Posted on 11/14/2013 4:45:14 AM PST by lbryce

President Barack Obama is set to tout the U.S. economic recovery during a visit to an Ohio steel mill on Thursday even as he faces more questions about the troubled rollout of his signature healthcare law.

Obama will talk about the recovery of the U.S. auto industry, the energy benefits of auto fuel-efficiency standards, and the attractiveness of the United States for foreign investment when he visits the ArcelorMittal Cleveland facility, the White House said.

The company has brought back workers furloughed in 2008 during the U.S. recession and has added 150 new jobs, the White House said in a statement.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy; Extended News; Government; News/Current Events; US: Ohio
KEYWORDS: notofthisworld; obama
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1 posted on 11/14/2013 4:45:14 AM PST by lbryce
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To: lbryce
Obama to Tout U.S. Economic Recovery

Wait... WHAT?!

2 posted on 11/14/2013 4:50:30 AM PST by Common Sense 101 (Hey libs... If your theories fly in the face of reality, it's not reality that's wrong.)
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To: lbryce

The past several years could be an outer limits season.


3 posted on 11/14/2013 4:52:09 AM PST by wally_bert (There are no winners in a game of losers. I'm Tommy Joyce, welcome to the Oriental Lounge.)
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To: lbryce

Ohio still has a steel mill?


4 posted on 11/14/2013 4:52:44 AM PST by 2ndDivisionVet ("Many on the left see faith & family as oppressive, the right sees them as indispensable." Palin)
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To: lbryce
This guy needs treatment.

Seriously. Professional mental-health help. NOW.

5 posted on 11/14/2013 4:53:33 AM PST by Lazamataz (Early 2009 to 7/21/2013 - RIP my little girl Cathy. You were the best cat ever. You will be missed.)
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To: lbryce

Obama’s favorite subjects seem to be things that don’t exist in the real world, anthropogenic global warming, ECONOMIC RECOVERY IN THE USA etc. If this country is becoming attractive to foreign investors it can only be because of lower labor costs, the dollar is losing its value so what used to be a comfortable middle class income not so long ago is now a path to destitution and we ain’t seen nothin’ yet.


6 posted on 11/14/2013 4:53:57 AM PST by RipSawyer (The TREE currently falling on you actually IS worse than a Bush.)
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To: lbryce

Another “pivot to the economy.”

Wonder how many jobs this pivot will cost taxpayers?


7 posted on 11/14/2013 4:56:07 AM PST by IamConservative (The soul of my lifes journey is Liberty!)
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To: lbryce

The hypocrite-in-chief should take a short jog to Cleveland’s east side, where the unemployment rate is dismal and to the neighborhoods like those of Anthony Sowell and Ariel Castro where civilization has broken down. Or maybe a public school that met 0% of the state standards. These are the places where he is so popular that Romney didn’t even bother campaigning, because of Obama’s 100% support there.


8 posted on 11/14/2013 4:57:33 AM PST by grania
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To: lbryce

Ugh...thanks for posting this. It reminded me to stay away from the airport today. Time to use all the back roads to avoid the Presidential parade.

Biden was here just last week to fund raise and dang I got stuck in that cross traffic too. Nothing like sitting on Route 237 watching a bunch of regime cars drive by.

prayed the Rosary for our Nation while I waited.


9 posted on 11/14/2013 4:58:41 AM PST by EBH ( The Day of the Patriot has arrived.)
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To: 2ndDivisionVet
Ohio still has a steel mill?

At least until BHO's visit. Needless to say that whatever he visits to tout in the private sector is doomed.

10 posted on 11/14/2013 5:00:52 AM PST by Calvin Locke
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To: lbryce

Very few, with exception of the true believer sycophants and psychos believe a word this POS says anymore. The comments after the article tell a lot.

He needs to quit wasting money traveling around on the jet. Do what he does best. Lie and loaf around.


11 posted on 11/14/2013 5:01:50 AM PST by dforest
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To: 2ndDivisionVet
Ohio still has a steel mill?

Don't you worry. The EPA is scheduled to visit tomorrow.

12 posted on 11/14/2013 5:02:21 AM PST by Lazamataz (Early 2009 to 7/21/2013 - RIP my little girl Cathy. You were the best cat ever. You will be missed.)
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To: Common Sense 101

Incredible liar... just look at GM’s latest financials and throw a copy of it straight into that scrotum pounded face of his!


13 posted on 11/14/2013 5:07:04 AM PST by LibLieSlayer (FROM MY COLD, DEAD HANDS! BETTER DEAD THAN RED!)
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To: grania
Is this steel mill the former LTV plant up river on the Cuyahoga ?
14 posted on 11/14/2013 5:09:13 AM PST by Eric in the Ozarks ("Say Not the Struggle Naught Availeth.")
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To: 2ndDivisionVet

http://en.wikipedia.org/wiki/ArcelorMittal

What a great company...


15 posted on 11/14/2013 5:12:24 AM PST by ltc8k6
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To: lbryce

Shouldn’t he be doing this speech in Detroit?

PRay America is Waking Up


16 posted on 11/14/2013 5:13:50 AM PST by bray (Delay Obamacare)
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To: Lazamataz

Thankfully, he has Obamacare!


17 posted on 11/14/2013 5:21:39 AM PST by Ghost of SVR4 (So many are so hopelessly dependent on the government that they will fight to protect it.)
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To: lbryce

339,000 (9,000 MORE than expected) new unemployed might disagree with Obama’s ‘roaring economic recovery’.

At current rates, we are still seeing some 1.3 million new unemployment claims per month.

And that doesn’t even address the ‘under’employed.


18 posted on 11/14/2013 5:35:16 AM PST by TomGuy (.)
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To: lbryce

Obama to talk economy during visit to Cleveland steel plant
Discussion here Tuesday.

The Columbus Dispatch ^ | Nov 12, 2013 | Joe Vardon

Posted on Tuesday, November 12, 2013 8:48:04 AM by KeyLargo

Obama to talk economy during visit to Cleveland steel plant

By Joe Vardon

The Columbus Dispatch Tuesday November 12, 2013 5:46 AM

http://www.freerepublic.com/focus/f-news/3090383/posts


19 posted on 11/14/2013 5:38:38 AM PST by KeyLargo
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To: TomGuy
On your point of new unemployment claims 339K is historically pretty low. Here's the history:

Plenty to rip Obama about (1-2% GDP growth is the worst recovery in history is but one example) but UE Claims is not one of them.

20 posted on 11/14/2013 5:48:49 AM PST by Wyatt's Torch
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To: lbryce
Steel production is still a very long way from the past peak:


21 posted on 11/14/2013 5:53:08 AM PST by Wyatt's Torch
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To: lbryce
Obama will talk about the recovery of the U.S. auto industry, the energy benefits of auto fuel-efficiency standards

That flag is getting pretty tattered.

22 posted on 11/14/2013 5:54:01 AM PST by tbpiper
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To: lbryce

The country is in the midst of a healthcare crisis he created with D-Day being December 31st for millions of people. So, instead of putting together a “competent” team, rolling up his sleeves and buring the midnight oil to do some problem solving - he hits the campaign trail yet again. Touting his economy? The one where over 24% of young people are unemployed and half the country needs assistance to put food on the table? Truly out of touch.


23 posted on 11/14/2013 5:58:55 AM PST by jersey117
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To: Eric in the Ozarks

I believe so. It’s just a few miles south of “downtown” Cleveland. It’s close enough to challenged neighborhoods so that he’ll be able to see them from the limo.


24 posted on 11/14/2013 6:11:17 AM PST by grania
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To: grania
The company I used to work for owned a three acre steamship fueling dock across from this steel mill. The three acres had once been part of one of America's first oil refineries and positively weeped oil. We dug trenches, installed pumps and tanks and did all we could to stop the oil flowing into the river. Turns out oil was moving onto our property from across the street. This is the area of the Cuyahoga that caught fire back in the 70s...
25 posted on 11/14/2013 6:16:46 AM PST by Eric in the Ozarks ("Say Not the Struggle Naught Availeth.")
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To: RipSawyer

How is he going to spin the terrible economic news that came out at 7:30 this morning from government sources?

Facts are difficult things to spin.


26 posted on 11/14/2013 6:19:52 AM PST by wildbill
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To: Eric in the Ozarks

Something was always catching on fire in Cleveland during the 70s.Mayor Ralph Perk’s hair for example.


27 posted on 11/14/2013 6:37:28 AM PST by Farmer Dean (stop worrying about what they want to do to you,start thinking about what you want to do to them)
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To: 2ndDivisionVet

“Ohio still has a steel mill?”

If this is it, the answer is not for much longer.


28 posted on 11/14/2013 6:44:41 AM PST by EQAndyBuzz ("Senator Cruz basically made the Democrats fight for a whole bunch of things that they already had.")
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To: grania

I visited the place of my birth and early childhood this summer. (East Cleveland) It was sad to see the public park I had played in as a child completely abandoned, overrun with trash and weeds, road in such bad shape my compact car could barely traverse the decayed asphalt and potholes.


29 posted on 11/14/2013 6:50:19 AM PST by nascarnation (Baraq's 3rd term: squaw Warren? Lord help us!)
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To: 2ndDivisionVet

Someone needs to ask him how they’ll be able to keep operating once he shuts down the coal industry.


30 posted on 11/14/2013 7:07:56 AM PST by Buckeye McFrog
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To: nascarnation; Eric in the Ozarks
I've lived near-Cleveland for just over eight years now. Housing where I am as very cheap for the quality of these brick houses built in the early 1950s. It's one of the few areas I'd live in anywhere near the city.

Cleveland's answer to the recession is interesting. It's to just keep throwing a lot of money into projects building new stuff "downtown". It's in much better shape than the cities such as Detroit and Newark that it used to be compared to, but for much of the lower and middle classes it's a wasteland. It seems as if those parts of the city are going to rot away, and most of the people along with them.

That's my take. And Obama's visit to a steel company that's been taken over by a global megacorporation doesn't address the problems of the black minorities Obama pretends to be part of. JMHO

31 posted on 11/14/2013 7:08:32 AM PST by grania
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To: grania
Cleveland was one of my old haunts back in the 80s and 90s. The Flats were hopping back then.
32 posted on 11/14/2013 7:10:58 AM PST by Eric in the Ozarks ("Say Not the Struggle Naught Availeth.")
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To: lbryce
The reason is that the Ohio steel mills are all working 24-7 making DRILLING PIPES FOR THE FRACKING OIL NINDUSTRY....as well as pipelines and rail road tracks.

UPDATE: Steel Seeing Resurgence in Ohio Thanks to Shale OIL and FRACKING

11:11am EST November 5, 2012 by Shawn Bennett shawn@energyindepth.org, Cambridge, Ohio

UPDATE (11/5/2012, 11:00 am ET): As we reported almost a year ago, companies throughout Ohio have seen a new resurgence in the need for steel thanks to the shale development.

Since then, Ohio’s steel plants have been busy building or retrofitting plants to retool their products for the increased demand due to expanding oil and gas development throughout the United States.

Just today, V&M Star announced they have produced their first tubular steel pipes to be used in oil and gas development. The state-of-the-art mill cost $350 million and will create new 350 jobs. The new mill will have initial production capacity of 350,000 tons of seamless pipe per year.

With the first continuous production achieved on October 26th, V&M Star is on target to begin sales early next year.

This is great news for the citizens of Youngstown, who have been anxiously awaiting the project coming to fruition since it was first announced in 2010. When the project began, V&M was concentrated on Marcellus development in Pennsylvania. Now, with exploration of Ohio’s own Utica Shale, V&M will also be supplying Ohio-made steel for Ohio energy development.

—Original post from November 25th, 2011—

Two articles ran this weekend touting the reemergence of the steel industry in Ohio and the thousands of family-supporting jobs it supports — in large part thanks to the development of American energy resources from shale. The articles were appropriately titled “Republic Steel to add 450 jobs to Lorain as oil and gas exploration booms” and “TMK Plant Poised for Shale Drilling Boom”. Steel has always been an important component of Ohio’s economy. It is what made the Cleveland area and Ohio River communities thrive during the 20th century until the 70’s and 80’s when America’s steel industry declined.

Over the past 30 years, Ohio has seen many of its steel jobs moving overseas. Plants have closed in Steubenville, Youngstown, Lorain and Cleveland. Mingo Junction, a town that was built around its steel mill, saw their mill shut down completely in 2008. What is left is a shell of its former self. I recently stopped by Mingo Junction and was taken back by the scene there.

Thankfully shale exploration has helped companies like V&M Star, US Steel, Republic Steel and TMK Steel find a resurgence in their industry. With the exploration of shale in both Ohio and Pennsylvania, Ohio’s steel plants seem like a natural fit to produce their pipes and fittings.

Steel piping is perhaps the most important component of shale development. Through out exploration it can take over 10,000 feet of steel to reach the shale formation. With over four thousand wells already drilled in Pennsylvania, that is over 40 million feet of piping in just one state.

TMK Steel started its threaded pipe division in May 2010. TMK manufacturers steel fittings and connectors for steel pipes. At that time it ran only a single production line and employed roughly 20 employees. Fast forward to today and they are producing two lines of threaded fitting and connectors with over 70 employees. TMK is even debating installing a third production line due to product demand.

Republic Steel shares a similar story. After shutting down the blast furnace at its Lorain plant in 2008, many did not anticipate Republic making steel there again. Today, Republic is looking to invest 85.2 million dollars in an electric arc furnace to recycle scrap metal back into fresh steel. This investment is estimated to produce over 400 jobs at the plant that was shuttered just a few years ago.

With ongoing shale development Republic may expand even further, Governor Kasich hinted.

Shale development played a major role in the reopening of the plant. As noted in the Plain Dealer article, Mr. Vigil said “growth in the oil and gas industry was a major driver for the decision to expand in Lorain”. Republic Steel is not the only steel manufacturer expanding in Lorain. In February last year, US Steel announced plans to expand their tubular steel plant. The $95 million investment was heavily based on development of the expanding Marcellus Shale in Pennsylvania and New York.

Over in Youngstown, V&M Star is a shining example of shale’s role in expanding the steel industry. V&M Star, North America’s largest producer of seamless tubular products for oil and gas development, are currently looking to expand their operation in Youngstown with the addition of a $650 million seamless pipe mill. The new plant is expected to create 350 jobs.

I would be neglectful if I didn’t mention Timken’s current contemplation of expansion. Timken has been in Ohio since 1901 and is one the largest employers in Stark County. During recent contract negotiations with their steelworkers union, it was announced that they were considering a $225 million expansion to one of their steel plants.

It is the shale underneath our feet that ultimately is reviving this critical industry and bringing these once lost jobs back to Ohio. Because without shale exploration occurring in Ohio and Pennsylvania these steel jobs may have never happened.

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33 posted on 11/14/2013 7:24:22 AM PST by spokeshave (Obamacare is planned, just like the planned famine by the Russians to eliminate the Ukrainians.)
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To: 2ndDivisionVet

Not for long.


34 posted on 11/14/2013 9:18:58 PM PST by Olog-hai
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