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It’s time to say good night to manufacturing in US



Published: Fri, August 8, 2014 @ 12:00 a.m.

It’s time to say good night to manufacturing in US

Regarding the editorial “US steel industry gets a boost with ruling on steel dumping” in The Vindicator on July 16, the work that was needed to have the U.S. Commerce Department change a decision that had previously been made to allow the practice of “dumping” of steel products was in fact an error in judgment by the Department of Commerce. This is good as far as it goes.

However, there is more than one way to skin a cat, as the old saying goes. To wit, the BMW Co. recently announced that it was spending $ 1 billion to build a manufacturing plant in Mexico to increase its products’ presence in the United States. This was accompanied with the suggestion that NAFTA was a consideration in the decision making process.

All that is needed now is for the Tata Steel Co. of South Korea to emulate BMW and build a steel plant in Mexico to increase its presence in the U.S. And so it goes.

Maybe NAFTA has served its purpose and needs to go. But what is more interesting in this day of a very large anticipated increase for structural steel in rebuilding bridges and roads is that U.S. entrepreneurs are not looking to build new steel manufacturing plants in the U.S. Maybe it’s because of the Republican mantra that what is needed is less regulation and no taxes or at the least a very low tax rate.

We, in this country, are at a serious juncture. Do we give up on manufacturing as an economic means of increasing employment, and resign ourselves to becoming a second-class nation? Has greed so captured the rich in this country that anything that might decrease individual wealth is anathema to those with the means to bring this country to the greatness that it should have?

Small businesses will not propel us into prosperity. It will take manufacturing with an expenditure of $7 billion or $8 billion to do it. Take the commercial banks out of the investment banking business, and give it back to those who know how to raise the money that is needed to get this country rolling again.

Leonard J. Sainato, Warren


Comments

1Education_Voter(858 comments)posted 1 month, 1 week ago

No, Mexico has universal healthcare, with a sliding scale for payment.
http://insurance.lovetoknow.com/Mexic...

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2tnmartin(234 comments)posted 1 month, 1 week ago

I will note, just for historical reference, that at the time the so-called "Patient Protection and Affordable Care Act", popularly known as Obamacare was in the Congress, it did not have popular support. By most honest polls at the time, roughly TWO THIRDS of the American public was either opposed, or *strongly* opposed to it. That percentage hasn't changed much, perhaps has inched up a bit.
So the Dhimmicrap Party, the party justly represented by the jackass, foisted upon the nation something that most people, including the mere citizens who normally support said party, most opposed.
And did it anyway.
Now we really do see what's in it, and it's aromatic bovine organic fertilizer. And not all the whipped cream in the world will make it appetizing. It stinks.
Every.Single.Worthless.Bum who stuck the nation with this pile of garbage should be out of office, out of the country (after the public floggings), and spend the rest of his life emptying bed pans in a tropical leper colony under an assumed name in a vain attempt to expiate his sins. A pox, a plague, and curses unceasing be upon the lot of them.

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376Ytown(1242 comments)posted 1 month, 1 week ago

Obamacare is a huge premium subsidy bailout to the insurance companies. It did nothing to make health care affordable.

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