Obama 14th-Best President of All Time

Off Topic Politics & World Issues
161

[quote]tGunslinger wrote:

[quote]LankyMofo wrote:
It is a fact, and you can ask any economist (or anyone with common sense for that matter) that cheaper materials will yield a cheaper product.[/quote]

Properly amended: It is a fact, and you can ask any economist (or anyone with common sense for that matter) that cheaper materials will yield a lower cost of production, ceteris paribus.

There may be other factors that cause the total cost of production to increase, despite cheaper materials. Also, lower cost of production doesn’t necessarily mean lower prices. It may result in larger profit margins at the same selling price. [/quote]

While your post is 100% correct, it is very rare that lower costs of production do not result in lower prices. If the industries using steel products were simply padding their profit margins, this normally causes increased competition from new businesses that are willing to accept lower profit margins to enter the market, thus lowering overall prices.

[quote]Overall though, I agree with you. Pittbull either will not or cannot see that global competition is what damaged the U.S. steel industry. There wasn’t anything the government could’ve done that would’ve preserved the high wages and high profits without harming the rest of the economy.

This is hardly the first time this topic has been discussed, and pittbull has been a brick wall every time.[/quote]

162

[quote]LankyMofo wrote:

[quote]pittbulll wrote:

[quote]LankyMofo wrote:

[quote]LankyMofo wrote:

Like I said, not you or anyone else on this board is capable of such an analysis given all of the products and all of the variables with each product. [/quote]

And I quoted this because this is the most important part of my post. [/quote]

All I am asking for is fact , you post your posts and act as though Jesus wrote it .[/quote]

It is a fact, and you can ask any economist (or anyone with common sense for that matter) that cheaper materials will yield a cheaper product.[/quote]

You can also ask verify with any one with any common sense , that if no one has a job no one will have money . I believe the answer lies in a balance . Fair competition is all . America should not allow ANY product in that the workers make pennies a day . Nike blows a big hole in your cheaper material yields cheaper products

163

[quote]pittbulll wrote:

[quote]LankyMofo wrote:

[quote]pittbulll wrote:

[quote]LankyMofo wrote:

[quote]LankyMofo wrote:

Like I said, not you or anyone else on this board is capable of such an analysis given all of the products and all of the variables with each product. [/quote]

And I quoted this because this is the most important part of my post. [/quote]

All I am asking for is fact , you post your posts and act as though Jesus wrote it .[/quote]

It is a fact, and you can ask any economist (or anyone with common sense for that matter) that cheaper materials will yield a cheaper product.[/quote]

You can also ask verify with any one with any common sense , that if no one has a job no one will have money . I believe the answer lies in a balance . Fair competition is all . America should not allow ANY product in that the workers make pennies a day . Nike blows a big hole in your cheaper material yields cheaper products
[/quote]

If Nike was making a homogenous product than you’d have a point. Unfortunately (for you) Nike does not make a homogeneous product so, again, you have no point.

164

[quote]LankyMofo wrote:

[quote]pittbulll wrote:

[quote]LankyMofo wrote:

[quote]pittbulll wrote:

[quote]LankyMofo wrote:

[quote]LankyMofo wrote:

Like I said, not you or anyone else on this board is capable of such an analysis given all of the products and all of the variables with each product. [/quote]

And I quoted this because this is the most important part of my post. [/quote]

All I am asking for is fact , you post your posts and act as though Jesus wrote it .[/quote]

It is a fact, and you can ask any economist (or anyone with common sense for that matter) that cheaper materials will yield a cheaper product.[/quote]

You can also ask verify with any one with any common sense , that if no one has a job no one will have money . I believe the answer lies in a balance . Fair competition is all . America should not allow ANY product in that the workers make pennies a day . Nike blows a big hole in your cheaper material yields cheaper products
[/quote]

If Nike was making a homogenous product than you’d have a point. Unfortunately (for you) Nike does not make a homogeneous product so, again, you have no point.[/quote]

If you truly can not see my point then it is you that have the flaw. I see your points they are coming from the point of the supply of our economy , My point is broader , it encompasses both supply and demand.

I personally think you see my point , I believe you just like to argue , By the way smart boy :slight_smile: homogeneous is misspelled :slight_smile:

165

[quote]pittbulll wrote:

[quote]DoubleDuce wrote:

[quote]pittbulll wrote:

[quote]LankyMofo wrote:

[quote]pittbulll wrote:

[quote]LankyMofo wrote:

[quote]DoubleDuce wrote:

[quote]pittbulll wrote:

I want to force companies to compete with America on a level playing field . demand[/quote]

LOL!!!

Libs… level playing field. OMG, that’s too funny.

Did you type that with a straight face?

On a level playing field some teams still lose. tilting the playing field to the side you want to win is the exact opposite of a level playing field.[/quote]

I would respond but this about sums it up.

[/quote]

I think you have an outstanding question being what did America gain for the huge price of the steel industry. you can not make a vague answer like cheap steel . Did Cars , Refigeraters ,Caterpillar products , what got cheaper , who made more money ???

I contend there was no up side . Reagan decimated a huge prosperous industry and America got nothing in return other than the down side [/quote]

Guy, steel is used in so many damn industries you want me to look at each individual industry and compare what prices were before and after each different company started using foreign steel?

It’s an analysis that I, nor anyone else on this board, is capable of. I gave you examples of what tariffs do (which is NOT theory as you suggested, but estimates based on what actually happpened).

Further, you have acknowledged that open competition lowers prices. I don’t know how you can argue that products using this cheaper steel weren’t made cheaper. It honestly defies common sense.
[/quote]

I would think for the cost of our steel industry there would be just as much of a glaring upside . I contend it does not exist . So we threw away our steel industry. I can tell you cars did not get cheaper neither did refrigerators . Caterpillars stock did not go up . Nothing got better a whole lot of things got worse . this is my analysis .[/quote]

Show me your numbers for the impact of steel prices against mentioned products.[/quote]

I lived it , show me numbers that counter [/quote]

LOL. Right, the burden of proof is soooo on me because, “you lived it”. Good one.

166

[quote]DoubleDuce wrote:

[quote]pittbulll wrote:

[quote]DoubleDuce wrote:

[quote]pittbulll wrote:

[quote]LankyMofo wrote:

[quote]pittbulll wrote:

[quote]LankyMofo wrote:

[quote]DoubleDuce wrote:

[quote]pittbulll wrote:

I want to force companies to compete with America on a level playing field . demand[/quote]

LOL!!!

Libs… level playing field. OMG, that’s too funny.

Did you type that with a straight face?

On a level playing field some teams still lose. tilting the playing field to the side you want to win is the exact opposite of a level playing field.[/quote]

I would respond but this about sums it up.

[/quote]

I think you have an outstanding question being what did America gain for the huge price of the steel industry. you can not make a vague answer like cheap steel . Did Cars , Refigeraters ,Caterpillar products , what got cheaper , who made more money ???

I contend there was no up side . Reagan decimated a huge prosperous industry and America got nothing in return other than the down side [/quote]

Guy, steel is used in so many damn industries you want me to look at each individual industry and compare what prices were before and after each different company started using foreign steel?

It’s an analysis that I, nor anyone else on this board, is capable of. I gave you examples of what tariffs do (which is NOT theory as you suggested, but estimates based on what actually happpened).

Further, you have acknowledged that open competition lowers prices. I don’t know how you can argue that products using this cheaper steel weren’t made cheaper. It honestly defies common sense.
[/quote]

I would think for the cost of our steel industry there would be just as much of a glaring upside . I contend it does not exist . So we threw away our steel industry. I can tell you cars did not get cheaper neither did refrigerators . Caterpillars stock did not go up . Nothing got better a whole lot of things got worse . this is my analysis .[/quote]

Show me your numbers for the impact of steel prices against mentioned products.[/quote]

I lived it , show me numbers that counter [/quote]

LOL. Right, the burden of proof is soooo on me because, “you lived it”. Good one.[/quote]

Thank you thank you very much :slight_smile:

167

[quote]DoubleDuce wrote:

[quote]pittbulll wrote:

[quote]DoubleDuce wrote:

[quote]pittbulll wrote:

[quote]LankyMofo wrote:

[quote]pittbulll wrote:

[quote]LankyMofo wrote:

[quote]DoubleDuce wrote:

[quote]pittbulll wrote:

I want to force companies to compete with America on a level playing field . demand[/quote]

LOL!!!

Libs… level playing field. OMG, that’s too funny.

Did you type that with a straight face?

On a level playing field some teams still lose. tilting the playing field to the side you want to win is the exact opposite of a level playing field.[/quote]

I would respond but this about sums it up.

[/quote]

I think you have an outstanding question being what did America gain for the huge price of the steel industry. you can not make a vague answer like cheap steel . Did Cars , Refigeraters ,Caterpillar products , what got cheaper , who made more money ???

I contend there was no up side . Reagan decimated a huge prosperous industry and America got nothing in return other than the down side [/quote]

Guy, steel is used in so many damn industries you want me to look at each individual industry and compare what prices were before and after each different company started using foreign steel?

It’s an analysis that I, nor anyone else on this board, is capable of. I gave you examples of what tariffs do (which is NOT theory as you suggested, but estimates based on what actually happpened).

Further, you have acknowledged that open competition lowers prices. I don’t know how you can argue that products using this cheaper steel weren’t made cheaper. It honestly defies common sense.
[/quote]

I would think for the cost of our steel industry there would be just as much of a glaring upside . I contend it does not exist . So we threw away our steel industry. I can tell you cars did not get cheaper neither did refrigerators . Caterpillars stock did not go up . Nothing got better a whole lot of things got worse . this is my analysis .[/quote]

Show me your numbers for the impact of steel prices against mentioned products.[/quote]

I lived it , show me numbers that counter [/quote]

LOL. Right, the burden of proof is soooo on me because, “you lived it”. Good one.[/quote]

Yes it should be on you , you nor any of the other Reagan disciples can point to ANY upside to him killing the Steel industry. I have shown hundreds of thousands of high paying jobs hundreds of cities. Quadrillions of lost tax dollars . millions of people put on welfare . All because of one act . There would have to be a HUGE upside to offset the down side .

And you or any of the other disciples can say one little specific upside , just a little one

168

[quote]pittbulll wrote:

[quote]DoubleDuce wrote:

[quote]pittbulll wrote:

[quote]DoubleDuce wrote:

[quote]pittbulll wrote:

[quote]LankyMofo wrote:

[quote]pittbulll wrote:

[quote]LankyMofo wrote:

[quote]DoubleDuce wrote:

[quote]pittbulll wrote:

I want to force companies to compete with America on a level playing field . demand[/quote]

LOL!!!

Libs… level playing field. OMG, that’s too funny.

Did you type that with a straight face?

On a level playing field some teams still lose. tilting the playing field to the side you want to win is the exact opposite of a level playing field.[/quote]

I would respond but this about sums it up.

[/quote]

I think you have an outstanding question being what did America gain for the huge price of the steel industry. you can not make a vague answer like cheap steel . Did Cars , Refigeraters ,Caterpillar products , what got cheaper , who made more money ???

I contend there was no up side . Reagan decimated a huge prosperous industry and America got nothing in return other than the down side [/quote]

Guy, steel is used in so many damn industries you want me to look at each individual industry and compare what prices were before and after each different company started using foreign steel?

It’s an analysis that I, nor anyone else on this board, is capable of. I gave you examples of what tariffs do (which is NOT theory as you suggested, but estimates based on what actually happpened).

Further, you have acknowledged that open competition lowers prices. I don’t know how you can argue that products using this cheaper steel weren’t made cheaper. It honestly defies common sense.
[/quote]

I would think for the cost of our steel industry there would be just as much of a glaring upside . I contend it does not exist . So we threw away our steel industry. I can tell you cars did not get cheaper neither did refrigerators . Caterpillars stock did not go up . Nothing got better a whole lot of things got worse . this is my analysis .[/quote]

Show me your numbers for the impact of steel prices against mentioned products.[/quote]

I lived it , show me numbers that counter [/quote]

LOL. Right, the burden of proof is soooo on me because, “you lived it”. Good one.[/quote]

Yes it should be on you , you nor any of the other Reagan disciples can point to ANY upside to him killing the Steel industry. I have shown hundreds of thousands of high paying jobs hundreds of cities. Quadrillions of lost tax dollars . millions of people put on welfare . All because of one act . There would have to be a HUGE upside to offset the down side .

And you or any of the other disciples can say one little specific upside , just a little one[/quote]

No, it is not my job to disprove your claim.

I’m not a Reaganite.

You entirely omit the responsibility of a non-competitive steel industry.

Regardless, you simply do not have the right to stop me from buying steel from whomever I want to.

What cars do you own?

169

[quote]DoubleDuce wrote:

[quote]pittbulll wrote:

[quote]DoubleDuce wrote:

[quote]pittbulll wrote:

[quote]DoubleDuce wrote:

[quote]pittbulll wrote:

[quote]LankyMofo wrote:

[quote]pittbulll wrote:

[quote]LankyMofo wrote:

[quote]DoubleDuce wrote:

[quote]pittbulll wrote:

I want to force companies to compete with America on a level playing field . demand[/quote]

LOL!!!

Libs… level playing field. OMG, that’s too funny.

Did you type that with a straight face?

On a level playing field some teams still lose. tilting the playing field to the side you want to win is the exact opposite of a level playing field.[/quote]

I would respond but this about sums it up.

[/quote]

I think you have an outstanding question being what did America gain for the huge price of the steel industry. you can not make a vague answer like cheap steel . Did Cars , Refigeraters ,Caterpillar products , what got cheaper , who made more money ???

I contend there was no up side . Reagan decimated a huge prosperous industry and America got nothing in return other than the down side [/quote]

Guy, steel is used in so many damn industries you want me to look at each individual industry and compare what prices were before and after each different company started using foreign steel?

It’s an analysis that I, nor anyone else on this board, is capable of. I gave you examples of what tariffs do (which is NOT theory as you suggested, but estimates based on what actually happpened).

Further, you have acknowledged that open competition lowers prices. I don’t know how you can argue that products using this cheaper steel weren’t made cheaper. It honestly defies common sense.
[/quote]

I would think for the cost of our steel industry there would be just as much of a glaring upside . I contend it does not exist . So we threw away our steel industry. I can tell you cars did not get cheaper neither did refrigerators . Caterpillars stock did not go up . Nothing got better a whole lot of things got worse . this is my analysis .[/quote]

Show me your numbers for the impact of steel prices against mentioned products.[/quote]

I lived it , show me numbers that counter [/quote]

LOL. Right, the burden of proof is soooo on me because, “you lived it”. Good one.[/quote]

Yes it should be on you , you nor any of the other Reagan disciples can point to ANY upside to him killing the Steel industry. I have shown hundreds of thousands of high paying jobs hundreds of cities. Quadrillions of lost tax dollars . millions of people put on welfare . All because of one act . There would have to be a HUGE upside to offset the down side .

And you or any of the other disciples can say one little specific upside , just a little one[/quote]

No, it is not my job to disprove your claim.

I’m not a Reaganite.

You entirely omit the responsibility of a non-competitive steel industry.

Regardless, you simply do not have the right to stop me from buying steel from whomever I want to.

What cars do you own?[/quote]

then what are we disagreeing about I said Reagan was either incompetent or was a Treasonist, I thought you were replying to my statement.

170

[quote]pittbulll wrote:

[quote]DoubleDuce wrote:

[quote]pittbulll wrote:

[quote]DoubleDuce wrote:

[quote]pittbulll wrote:

[quote]DoubleDuce wrote:

[quote]pittbulll wrote:

[quote]LankyMofo wrote:

[quote]pittbulll wrote:

[quote]LankyMofo wrote:

[quote]DoubleDuce wrote:

[quote]pittbulll wrote:

I want to force companies to compete with America on a level playing field . demand[/quote]

LOL!!!

Libs… level playing field. OMG, that’s too funny.

Did you type that with a straight face?

On a level playing field some teams still lose. tilting the playing field to the side you want to win is the exact opposite of a level playing field.[/quote]

I would respond but this about sums it up.

[/quote]

I think you have an outstanding question being what did America gain for the huge price of the steel industry. you can not make a vague answer like cheap steel . Did Cars , Refigeraters ,Caterpillar products , what got cheaper , who made more money ???

I contend there was no up side . Reagan decimated a huge prosperous industry and America got nothing in return other than the down side [/quote]

Guy, steel is used in so many damn industries you want me to look at each individual industry and compare what prices were before and after each different company started using foreign steel?

It’s an analysis that I, nor anyone else on this board, is capable of. I gave you examples of what tariffs do (which is NOT theory as you suggested, but estimates based on what actually happpened).

Further, you have acknowledged that open competition lowers prices. I don’t know how you can argue that products using this cheaper steel weren’t made cheaper. It honestly defies common sense.
[/quote]

I would think for the cost of our steel industry there would be just as much of a glaring upside . I contend it does not exist . So we threw away our steel industry. I can tell you cars did not get cheaper neither did refrigerators . Caterpillars stock did not go up . Nothing got better a whole lot of things got worse . this is my analysis .[/quote]

Show me your numbers for the impact of steel prices against mentioned products.[/quote]

I lived it , show me numbers that counter [/quote]

LOL. Right, the burden of proof is soooo on me because, “you lived it”. Good one.[/quote]

Yes it should be on you , you nor any of the other Reagan disciples can point to ANY upside to him killing the Steel industry. I have shown hundreds of thousands of high paying jobs hundreds of cities. Quadrillions of lost tax dollars . millions of people put on welfare . All because of one act . There would have to be a HUGE upside to offset the down side .

And you or any of the other disciples can say one little specific upside , just a little one[/quote]

No, it is not my job to disprove your claim.

I’m not a Reaganite.

You entirely omit the responsibility of a non-competitive steel industry.

Regardless, you simply do not have the right to stop me from buying steel from whomever I want to.

What cars do you own?[/quote]

then what are we disagreeing about I said Reagan was either incompetent or was a Treasonist, I thought you were replying to my statement. [/quote]

Doesn’t sound like you read my post at all. A free market is treason?

171

[quote]DoubleDuce wrote:

[quote]pittbulll wrote:

[quote]DoubleDuce wrote:

[quote]pittbulll wrote:

[quote]DoubleDuce wrote:

[quote]pittbulll wrote:

[quote]DoubleDuce wrote:

[quote]pittbulll wrote:

[quote]LankyMofo wrote:

[quote]pittbulll wrote:

[quote]LankyMofo wrote:

[quote]DoubleDuce wrote:

[quote]pittbulll wrote:

I want to force companies to compete with America on a level playing field . demand[/quote]

LOL!!!

Libs… level playing field. OMG, that’s too funny.

Did you type that with a straight face?

On a level playing field some teams still lose. tilting the playing field to the side you want to win is the exact opposite of a level playing field.[/quote]

I would respond but this about sums it up.

[/quote]

I think you have an outstanding question being what did America gain for the huge price of the steel industry. you can not make a vague answer like cheap steel . Did Cars , Refigeraters ,Caterpillar products , what got cheaper , who made more money ???

I contend there was no up side . Reagan decimated a huge prosperous industry and America got nothing in return other than the down side [/quote]

Guy, steel is used in so many damn industries you want me to look at each individual industry and compare what prices were before and after each different company started using foreign steel?

It’s an analysis that I, nor anyone else on this board, is capable of. I gave you examples of what tariffs do (which is NOT theory as you suggested, but estimates based on what actually happpened).

Further, you have acknowledged that open competition lowers prices. I don’t know how you can argue that products using this cheaper steel weren’t made cheaper. It honestly defies common sense.
[/quote]

I would think for the cost of our steel industry there would be just as much of a glaring upside . I contend it does not exist . So we threw away our steel industry. I can tell you cars did not get cheaper neither did refrigerators . Caterpillars stock did not go up . Nothing got better a whole lot of things got worse . this is my analysis .[/quote]

Show me your numbers for the impact of steel prices against mentioned products.[/quote]

I lived it , show me numbers that counter [/quote]

LOL. Right, the burden of proof is soooo on me because, “you lived it”. Good one.[/quote]

Yes it should be on you , you nor any of the other Reagan disciples can point to ANY upside to him killing the Steel industry. I have shown hundreds of thousands of high paying jobs hundreds of cities. Quadrillions of lost tax dollars . millions of people put on welfare . All because of one act . There would have to be a HUGE upside to offset the down side .

And you or any of the other disciples can say one little specific upside , just a little one[/quote]

No, it is not my job to disprove your claim.

I’m not a Reaganite.

You entirely omit the responsibility of a non-competitive steel industry.

Regardless, you simply do not have the right to stop me from buying steel from whomever I want to.

What cars do you own?[/quote]

then what are we disagreeing about I said Reagan was either incompetent or was a Treasonist, I thought you were replying to my statement. [/quote]

Doesn’t sound like you read my post at all. A free market is treason?[/quote]

Willfully causing harm to America is

172

[quote]pittbulll wrote:

Willfully causing harm to America is
[/quote]

So being on wealfare is treason?

Buying anything foreign is treason?

Not working hard is treason?

Working in a none productive positions is treason?

“America” cannot be harmed because America is not a living thing. Only individuals can be hurt and its only wrong to hurt individuals if you do something to them that violates their rights.

173

[quote]DoubleDuce wrote:

[quote]pittbulll wrote:

Willfully causing harm to America is
[/quote]

So being on wealfare is treason?

Buying anything foreign is treason?

Not working hard is treason?

Working in a none productive positions is treason?

“America” cannot be harmed because America is not a living thing. Only individuals can be hurt and its only wrong to hurt individuals if you do something to them that violates their rights.[/quote]

Being an American and harming America makes one a Treasonist or in the case of a President an incompetent . As far as not being able to harm a non living thing is a short sighted argument

174

Correct me it would be High Treason

175

[quote]pittbulll wrote:
Being an American and harming America makes one a Treasonist or in the case of a President an incompetent . As far as not being able to harm a non living thing is a short sighted argument
[/quote]

I don’t think so. The burden of proof is on you to describe what America is and how one can harm it by purchasing foreign goods at a cheap price. It is disgusting that you are advocating violence against your fellow citizens for buying foreign goods. I love how you have a double standard though for the citizens and the president. If a politician does it, it’s incompetence. If a citizen does it, it’s treason!

176

[quote]Dabba wrote:

[quote]pittbulll wrote:
Being an American and harming America makes one a Treasonist or in the case of a President an incompetent . As far as not being able to harm a non living thing is a short sighted argument
[/quote]

I don’t think so. The burden of proof is on you to describe what America is and how one can harm it by purchasing foreign goods at a cheap price. It is disgusting that you are advocating violence against your fellow citizens for buying foreign goods. I love how you have a double standard though for the citizens and the president. If a politician does it, it’s incompetence. If a citizen does it, it’s treason![/quote]

You need to read the thread , But I will try and summarize it for you

Back in the 80s Reagan signed a bill that opened the doors for cheap foreign steel imports , China VietNam and other 3rd world countries dumped steel on American Shores unsold. Prices dropped to fire sale price, after that initial onslaught, American steel producers went out of business and prices of steel resumed their climb.

With the signing of that bill , vast areas of uneducated unemployed men stood ,Hundreds of thousands of people lost their jobs , it decimated Towns , Cities and States . America lost quadrillions of dollars of tax revenue . America added many time that amount on Welfare roles.

In this discussion I am asking any one specifically for the HUGE price America paid , what up side did America get

You can stuff for fake Disgust :slight_smile:

177

[quote]pittbulll wrote:
You need to read the thread , But I will try and summarize it for you

Back in the 80s Reagan signed a bill that opened the doors for cheap foreign steel imports , China VietNam and other 3rd world countries dumped steel on American Shores unsold. Prices dropped to fire sale price, after that initial onslaught, American steel producers went out of business and prices of steel resumed their climb.[/quote]

Right. They couldn’t compete with foreign steel producers because the foreign producers could make it more cheaply.

First of all, they all took in their bid when they took those jobs the chance that one day the artificial support from government would be removed. I’m not necessarily blaming the people. There never should have been that many American steel jobs in the first place. But they ought to have known what they were getting into. What you also don’t grasp, yet has been pointed out to you already, is that the nation as a whole benefited from the cheaper steel, and other industries then had slightly more demand for their products due to people having more money; hence more employment in other industries.

You’re the one who wants to force people to buy more expensive products, not I.

BTW, you may want to navigate yourself to THE_CLAMP_DOWN’s thread, “Did We Ever Learn the Lessons?” and buy the book he’s promoting. It should help you with issues like these.

178

Pittbulll, I bailed out of this thread because I realized you’re not willing to accept economics. However, I just wanted to pop in and say that I can’t take you seriously as long as you insist on using the word “quadrillion.”

179

Pittbull- You still haven’t stated what bill it was that Reagan signed, which supposedly flooded the steel markets with cheap steel. From what I’ve read on the matter, he acted more as a protectionist than a free market champion w/r/t his higher tarrifs, quota limits, etc. The US steel market was prime for implosion, and even protectionist measures couldn’t save it.

Also; should we expect a president to shield an industry from foreign competition?

180

[quote]bigflamer wrote:
Pittbull- You still haven’t stated what bill it was that Reagan signed, which supposedly flooded the steel markets with cheap steel. From what I’ve read on the matter, he acted more as a protectionist than a free market champion w/r/t his higher tarrifs, quota limits, etc. The US steel market was prime for implosion, and even protectionist measures couldn’t save it.

Also; should we expect a president to shield an industry from foreign competition?

[/quote]

It is the the bill number , but it may give you the insight you are looking for

http://www.cato.org/pub_display.php?pub_id=2705