Biden blocks Nippon Steel purchase of U.S. Steel
Well, please explain it to us, then. Seriously. What are we missing?
We're not in a 1980s, "Rising Sun" Crichton novel here -- we're ALLIED with the Japanese, vs. massive Chinese subsidized steel 'dumping'. This is good for Japan AND America -- the knee-jerk "oh, we're selling out to (fill in the racial blank)!" is simplistic, uninformed, and actually CONTRARY to America's best interests.Because: everybody's got an opinion, and happy to voice it w/o actually knowing any facts.(AND: what if it were, say: a BRITISH steel company - i.e., other white, English-speaking people? There is a LOT of clear knee-jerk anti-"other-people" going on here --- as the comments clearly show.)thumb_up3replyReplyshareflag
removeCharlotte from Fresno7 hours ago
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I would argue that perhaps - just PERHAPS - Biden, as president of the U.S., has VERY knowledgeable expertise advising him on this matter. And I suspect that the argument for OR against the deal isn’t quite as decisively one direction as YOUR *opinion* claims. This deal comes at a particularly sensitive time following the Biden administration’s push, virtually single-handedly, to turn the tide toward U.S. domestic output of manufacturing and labor after decades of outsourcing both - a great harm that had been perpetrated on the American people by greedy corporations and their alli… Read more
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