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My reading of those figures is that the US never recovered its steel production after the steel collapse of 1982: http://www.post-gazette.com/business/businessn
by akgerber 12y ago
My reading of those figures is that the US never recovered its steel production after the steel collapse of 1982:
http://www.post-gazette.com/business/businessnews/2012/12/23/In-desperate-1983-there-was-nowhere-for-Pittsburgh-s-economy-to-go-but-up/stories/201212230258 http://www.post-gazette.com/business/businessnews/2012/12/23...
- maxerickson 12y agoThat's true. I was pointing more at the rise of China not disrupting the industry. I guess the rise of Japan and such had already done that.
- HeyLaughingBoy 12y agoDoes it matter? I mean, if I can buy something cheaper than I can make it myself, where's my incentive to make it?