American steel and aluminum is making a comeback and so are the associated jobs. Trump’s announcement of tariffs on their foreign government subsidized competitors made…
Many of the investment and manufacturing fat cats, politicians and others who have their big money jobs regardless of how the American economy and our middle class perform are opposed to a resurgence in domestic steel and aluminum production because it will have a small negative impact on the prices of goods and services.
They also claim that righting the wrongs of the past, where they preyed upon Americans, degrading the quality of their lives for the sacred bottom line is a bad thing. They must think we’re dummies. [[VIDEOS BELOW]]
In exchange for paying that negligible price increase on consumer goods, Americans will become more independent, more secure and more wealthy, both as a nation and individually. U.S. Steel CEO David Burritt announced on CNBC on Wednesday that his company now plans to reopen its Granite City, IL plant and hire back 500 employees who lost their jobs due to unfair trade practices in 2015.
In an interview on CNBC’s “Squawk Box,” Burritt said they were really excited to be calling back 500 employees. They plan to restart two blast furnaces, a process that could take up to four months. The unfair dumping of low cost, foreign government subsidized steel and aluminum in the US has resulted in our domestic steel and aluminum no longer being competitively priced and the loss of customers.
Burritt reminded the audience of some business basics, saying, “If you don’t have customers here to sell to and you can’t make money, you have to shut them down.” He said of the new situation, “This feels like the beginning of a renaissance for us. It’s really important that we get this right, and now it’s finally happening.”
Effectively pointing out that an economy can’t survive on a service sector and consumption alone, that those are not adequate drivers of an economy, Burritt said, “You’ve got to be able to make stuff in the United States. If you take away our ability to make things, you don’t really have a society.”
He pointed to examples elsewhere, saying, “Just think about the way the U.K. used to have a big manufacturing base. It went away. If you don’t make stuff, you can’t have a strong country. You can’t protect yourself and you go by the way of Greece or maybe Puerto Rico.”
The CEO of Century Aluminum, Michael Bless, appeared with Maria Bartiromo last Friday and echoed the comments of Burritt, both in describing the problem as well as in the solution and announcing their Hawesville plant will be reopening and they will be rehiring roughly 200 people.
Elections have consequences, as they say, and with Donald Trump in the White House those consequences are more jobs, both in industries shuttered by regulation and putting Americans last, as well as the associated hiring in all sectors of an improving economy.
It’s okay if the globalist Democrats like Gary Cohn don’t like the results. Americans who like having good jobs don’t care what they think. They’re not going to accept being told we have to agree to the new austerity so they can get richer and be our bare minimum providers any longer. That’s not who Americans are. We’re better than that.
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