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To: TigerLikesRooster

Another wacky article getting all worked up about us only buying US steel for the stimulus package. We run a huge trade deficit so this is good move. Invoking Smoot Hawley is childish


6 posted on 02/01/2009 3:27:23 AM PST by dennisw (white trash philosophizer)
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To: dennisw
Justified or not, they would feel that they have to reciprocate. I think there will be some escalation back and forth.
8 posted on 02/01/2009 3:32:56 AM PST by TigerLikesRooster (kim jong-il, chia head, ppogri, In Grim Reaper we trust)
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To: dennisw

> Another wacky article getting all worked up about us only buying US steel for the stimulus package. We run a huge trade deficit so this is good move. Invoking Smoot Hawley is childish

Why would it be a good move to overpay for steel? Why would it be a good move to get other countries to put similar restrictions on American goods? Capitalism and trade have been the biggest generators of wealth. This bill aims to kill both. Good move indeed - if your aim is to bankrupt the United States.


10 posted on 02/01/2009 3:43:18 AM PST by bluejay
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To: dennisw

All Federally funded road projects require contractors to purchase US steel now. It’s been that way forever. I wouldn’t be surprised if USACE projects are the same.

Besides, how much steel is used in STD prevention education, tobacco use suppression, etc.


16 posted on 02/01/2009 4:09:10 AM PST by lfrancis
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To: dennisw

Buying only American steel for the “infrastructure” is a good thing, provided it does not cause steel prices to go up.


21 posted on 02/01/2009 4:33:32 AM PST by WildcatClan (Iam fimus mos ledo ventus apparatus)
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