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Just like the front-page lobbying of the steel industry for tarriffs. Which is a perfect example of how such protectionist measures fail. Had we enacted no tariffs, the weak steel companies would have folded, allowing the strong ones to pick up the lost business a compete better. As it is, President Bush is just causing the slow death of the American steel industry altogether.
Another interesting notion - why was President Bush so supportive of this? It is the exact same union problems that he complains about where the Homeland Security is at issue (oh, what an *embarrassment* to any sensible democrat that is) that are also propping up the steel industry.
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