Originally Posted by
getalife123
Oh really. So you are saying that the foreign subsidizing was the reason for the failure of Bethelhem Steel. In fact the subsidizes were so high that it was cheaper to manufacture the steel in Italy, ship overseas and build the Father Baker Bridge directly in front of a steel plant. You're claiming that the wages, work rules, change in environmental laws and taxing had nothing to do with the plant's demise.
Don't tell me that was the only reason for the plant closing because my father, uncles and cousins all worked there. After the strike in 1957, my father said that Bethelhem will never put money into the plant again and thought that the plant would close within 10 years. He was wrong it took 15 years. If in fact your warped idea was true we would have no steel manufacturing capabilities in this country which in fact we do. I could explain the economics of the plant to you but you could NOT comprehend the total picture. Everybody had a part in the plant closing from management, workers, unions, city taxes, county taxes, state taxes, federal and state laws and rules to the overall cost to modernize the plant. The plant could no longer make a profit and closed that is the bottomline. Bethelhem moved production to newer plants and 25,000 people were unemployed. Now try calling this anything but the truth.