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USW Local 2911 President Mark Glyptis says despite these latest setbacks, he holds high hopes for policies that President Trump has implemented.
If you were any dumber, you'd be twins.
this post was submitted on 09 May 2025
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Leopards Ate My Face
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Without giving the tangerine tyrant any credit, is it not possible that they took this opportunity to blame tariffs for idling the plant? With strong unions, companies do need to fish more when their reason amounts to “our profits are down 0.01%”. To me, that’s what this sounds like.
Hey, I do some electrical stuff. I would strongly suspect steel is the reason this isn’t economic, because I’m hearing copper is actually going down.
Ohhh maybe they need steel from one of their plants outside USA?
Projects will have a budget that will have an expected return on investment (ROI) over a fixed period of time for private sector. Public projects raise a bond, and you can’t exceed the bond.
Raise steel 10-25% and you can blow past the budget window, because steel construction parts go up to match. Create uncertainty about the future market, and your ROI calculation is toast.
It frustrates me when people say “well just buy american steel,” as if people were not already buying american steel as well as foreign. Now there’s not enough steel so prices go up. There’s no strategic pile of steel reserve. If a store normally sells 100 apples a day and suddenly there are 76, would you say “just buy american apples” when the price went up and there were shortages?
With all the transformer shortages that's pretty terrible for national security even. Delicious face!