The steel tariff taxes a few years ago hurt industry and small business and we as a civilization are still paying for that boo boo. This problem was affecting our team in my company and costing our franchisees money and ROI time, due to increased costs in new equipment. The increase in steel costs added $1800 to the trucks and $3000 to the truck beds? All over the import tax and the manipulation, which occurred due to supply and demand issues of the new pricing caused by those import taxes. Even still the steel industry did not have substantially higher profits and hurt were all the manufacturers such as ship builders, truck and car manufacturers.
There were over 20,000 automobile industry layoffs due to the increased prices of steel, because fewer people could afford the increased in prices of SUVs by $800.00. That hurts those laid off, their families and the auto industry just like it hurt our franchisees and their ability to grow their businesses. The import tax of 50% on steel, hurts the rest of the economy, it hurt my team at a time when we need better prices to our customers who are charged out in credit card debt, after all we serve the masses and the average consumer is in that scenario. The import tax on steel created a monopoly on steel for a couple of steel companies who were planning a merger in a competitive world industry sector.
I am upset that we are attacking American companies who have won the market by serving customers and giving them what they want as we all vote with our dollar and then the government creates monopolies at the same time. So of course monopolies are Good as long as the government creates them. We are glad to see that these steel companies are now able to produce steel now that the prices are up, yet some of these steel mills are closed to sell their energy contracts to other companies and stay closed, thus who are we helping? Certainly not my team or company and certainly not helping long term our position of free trade as we need the ability to export with out reciprocal attack from other governments on things like our beef industry, computer industry or airline industries.
We will now see jobs for cars and etc move to Mexico and China this would also be for tractors and heavy industry trucks and trailer manufacturers. We help one industry temporarily and then give away jobs and factory capacity to other countries of our other important industries for what reason? To temporarily prop up an old industry which refuses to compete in the world markets and streamline like all the rest of us to become best of breed? If we really wish to do that we need to take red magic markers thru all the crazy regulations which hamper our industries or force those who trade with us similar environmental laws to compete on an a level playing field. Think about it.
"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.WorldThinkTank.net/wttbbs
We know that in Maryland, which some call "Merry Land"... Read More
There are no stupid questions, only stupid people. Ask an... Read More
THE ROSICRUCIAN COUNCIL OF THREE:A Thelema/OTO leader who became a... Read More
There is nothing-absolutely nothing-insofar as political power when it is... Read More
Iran has threatened to raise America's fuel prices again. They... Read More
"Similar to Medieval Inquisitions, judges have been given the authority,... Read More
Aren't you glad you purchased Alaska? You got a bargain,... Read More
As a result of the conflict analysis exercise and a... Read More
Many had made mention of the problems of business opportunities... Read More
We see today a fierce unspoken competition between trucks and... Read More
As the Baby Boomer Generation continue to get older, one... Read More
The devastating loss in case of Elliot Spitzer for NY... Read More
Many are very impressed with the NIMA (National Imagery and... Read More
The new law "Special Protective, Antidumping and Import Compensatory Measures"... Read More
You are not going to believe what is going on... Read More
IT'S NO LONGER NEWS THAT CHINA IS BECOMING A MAJOR... Read More
If we go hog wild towards the liberal agenda where... Read More
You, the reader, should be aware of my affluence of... Read More
Capitalism as the social structure was founded in order to... Read More
Ethanol is a great way to produce fuel, great fuel... Read More
There are so many problems with our perceived perfect checks... Read More
Political strategists, branding gurus and image consultants could learn a... Read More
Many have lost faith in the government and are completely... Read More
Ever wonder why labor unions consistently endorse democrats over republicans... Read More
For more than a decade, you the American taxpayer have... Read More
De-classification of official documents have been a routine practice in... Read More
The notion that local governments should have almost total monopoly... Read More
How can any human being today, anywhere in this world,... Read More
Corporate America has been shaken recently by lawsuits and criminal... Read More
The Federal trade Commission has a rule, which says that... Read More
One way to increase evaporation in the ocean might be... Read More
Freedom is in the eyes of the beholder. In Communist... Read More
We need more oversight and transparency in government. We need... Read More
Any chances for a country to be ruled by alternative... Read More
Osama bin Laden probably needs to get a pay raise,... Read More
Dust from Deserts and Particulate ControlThe greatest contributor to particulate... Read More
We need a government that can be as responsive to... Read More
As baby boomers, we have been spoiled all of our... Read More
(Note: This article was written slightly before the 2004 election;... Read More
There is something egregiously wrong about a government that will... Read More
Alexander Hamilton ? Policy Separated from Politics:I am related to... Read More
Just because we have been leading the World in innovation... Read More
In this day and age of tattletale, whistleblower heroes and... Read More
Leave it to the Columbia City Police Officers Association in... Read More
Are you happy with all this so-called security after 9-11?... Read More
The clause (c) of Electronic Crime Act 2004 has been... Read More
We are seeing some trade wars brewing as American trade... Read More
A friend of mine, who lives in the thick of... Read More
America must implement a policy on Election Reform that is... Read More
In what the Americans love to describe as the war... Read More
ADOLF HITLER:The common perception of Hitler being large and in... Read More
The Connecticut Conference of Municipalities (CCM) is interested in the... Read More
Elliot Spitzer, recently said he wanted to drive a stake... Read More
Up until the final debate at Arizona State University, the... Read More
You know now that North Korea is backing down on... Read More
For many years now, I have been the proud holder... Read More
Clint Eastwood recently plunged into the murky political pond with... Read More
I like Bill O'Reilly. I do. I have read two... Read More
Britain has a proud tradition of valiant armed forces and... Read More
The predominant discussion in the Indianapolis media over the proposed... Read More
The Carl Rove issue is definitely interesting and distracting. The... Read More
You have probably heard of the Sarbaines Oxley Law (SOX)... Read More
They do not allow the criticism of the president in... Read More
Government budgets represent between 25% and 50% of he Gross... Read More
Kudos goes out to the George Walker Bush's Administration and... Read More
The official figures are staggering: 35% of the workforce -... Read More
Political |