Thread: GST Steel
View Single Post
  #5  
Old 07-01-2012, 04:27 PM
Oerets's Avatar
Oerets Oerets is offline
Senior Member
 
Join Date: Aug 2011
Location: Derby City U.S.A.
Posts: 8,938
Quote:
Originally Posted by BlueStreak View Post
"At the time, GST's union blamed the company's bankruptcy on the political class, for failing to hamstring imports. "We can't compete against the steel imports that are being sold under cost," said the president of GST's union in 2001. "Our pleas fell on deaf ears in the political arena." The Bush administration would ultimately slap on giant tariffs."



Dave


Like I said "it was Union Jobs lost anyway"! That is why the political classes did nothing until much to late.



Barney
Reply With Quote