Article says machinist industry failed to lobby the same way as US steel. Not that US steel is doing healthy. But at some point it's the govs foresight / job to

Article says machinist industry failed to lobby the same way as US steel. Not that US steel is doing healthy. But at some point it's the govs foresight / job to reign in MBAs via protectionism and industrial policy for strategic sectors. As other's have mentioned, JP has MBAs too. Maybe lesson is JP Gov listened to Zaibatsu/conglomerate lobbying power.