The government taxed and regulated this and other industries to the point where industry moved overseas. Only now they're seeing the peril of that overreach, a

The government taxed and regulated this and other industries to the point where industry moved overseas. Only now they're seeing the peril of that overreach, and are trying to subsidize it to bring it back. Only, they're so inept that they're forcing the use of their cronies (the unions, etc) to get the work done, and, in comparison to Japan, it's a disaster. The quote is on target.