US steel drops plan for $1.5 billion plant

[T. A. Gardner]

Not true, the company clearly said events over two years, not over four months, you are reframing facts to fit your argument

They started two years ago on this. The local building officials were foot dragging on permits and such. Now Biden is in office on top of that. They decided it wasn't worth pursuing further. Biden was the proverbial straw that broke the camel's back.

[moon]

Not necessarily, and they may not find work at all. Steel is a basic commodity that we need to continue to have the society we live in. You can't just make it go away and still have things made from steel.

The question is: How much pollution should we accept or allow? What's your answer?

The society has to change. Its demands for polluting products has to be curbed. We all need to be a lot more clever than we are. We've allowed greed to degrade our intellectual advantages.

[T. A. Gardner]

The society has to change. Its demands for polluting products has to be curbed. We all need to be a lot more clever than we are. We've allowed greed to degrade our intellectual advantages.

That didn't answer the question. It's not that we shouldn't reduce pollution, but how much pollution should we allow? How much?

[gfm7175]

Shocking, another denier, admit it, no election anywhere is ever going to be accepted by you as legitimate unless your candidate wins, I do believe adolescents have a term for that type behavior

Wisconsin just got done holding some elections (of which I believe to be valid elections) this Spring... In some of them, Demonkkkrats won; in others, Republicans won.

[Phantasmal]

Biden can wish in one hand... If the only place to get the steel is from a foreign nation then what? If the companies making it refuse to build a plant in the US then what? Biden can't make companies build here and if he gives them every incentive not to they won't. If Biden raises taxes on corporations through the rafters and they leave, then what? He can say "Buy American" all he wants but if his actions hurt American corporations then they'll leave for friendlier shores. He can't have it both ways. That's what doomed Detroit.

There are many ways to combat companies going overseas. Biden’s infrastructure plan could incentivize US Steel to rethink their decision.

[cancel2 2022]

There are many ways to combat companies going overseas. Biden’s infrastructure plan could incentivize US Steel to rethink their decision.

You're truly an imbecile, Doris!

[T. A. Gardner]

There are many ways to combat companies going overseas. Biden’s infrastructure plan could incentivize US Steel to rethink their decision.

But it doesn't. Biden also wants to raise corporate taxes well above other nations. He's against fracking. He's come out in favor of far stricter pollution controls on a very short timeframe. If anything Biden is deincentivizing corporations expanding in America, particularly ones that do heavy manufacturing like steel. It's the same pattern that drove the aerospace manufacturing industry out of California. Hell, even Musk is moving Tesla out of that state as much as he can because physical manufacturing is just too difficult to do in that regulatory nightmare of a state.

[Micawber]

Good! Lets get factory workers green jobs where they don't drop dead at 40 years

[cancel2 2022]

Biden can wish in one hand... If the only place to get the steel is from a foreign nation then what? If the companies making it refuse to build a plant in the US then what? Biden can't make companies build here and if he gives them every incentive not to they won't. If Biden raises taxes on corporations through the rafters and they leave, then what? He can say "Buy American" all he wants but if his actions hurt American corporations then they'll leave for friendlier shores. He can't have it both ways. That's what doomed Detroit.

People will find work in the new, useful, eco-friendly industries. Filth-producers should have been phased out some time back. Too bad for the polluting bosses- and their disreputable shareholders- but hey, there's no planet B.

There are so many imbeciles here, they are all vying for top spot!

[Matt Dillon]

China did not interfere in the 2020 election. Fact. Next.

That's what he said.

[Phantasmal]

But it doesn't. Biden also wants to raise corporate taxes well above other nations. He's against fracking. He's come out in favor of far stricter pollution controls on a very short timeframe. If anything Biden is deincentivizing corporations expanding in America, particularly ones that do heavy manufacturing like steel. It's the same pattern that drove the aerospace manufacturing industry out of California. Hell, even Musk is moving Tesla out of that state as much as he can because physical manufacturing is just too difficult to do in that regulatory nightmare of a state.

Green jobs will increase manufacturing. Musk and others will conform or lose out. Tesla just needs a good dose of competition.

[Matt Dillon]

There are many ways to combat companies going overseas. Biden’s infrastructure plan could incentivize US Steel to rethink their decision.

Like Tariffs on imports?

U.S. Steel is going to $8 and will stay there.

[T. A. Gardner]

Green jobs will increase manufacturing. Musk and others will conform or lose out. Tesla just needs a good dose of competition.

Not necessarily true. Many green industries simply cost more to produce as a side effect of pollution reduction. In other cases, the product goes away because it can't be economically produced anymore.

As for jobs, ones in solar pay about $20,000 less per year than those in fossil fuels so that one is a net loser for workers (about $50,000 versus $70,000). Another downside to solar is the cost of electricity skyrockets with large amounts of solar in use. Germany, Spain, Australia as but three examples prove that conclusively. California is another example with some of the highest per KWH costs in the US.

[RB 60]

Biden plans to only buy American, that would be a stupid move on their part. All future Presidents, if they really care about America first should do the same.

How can U.S. companies buy American steel when there's none being milled here? What choice do they have but to buy the cheap shit from China?

[RB 60]

There are many ways to combat companies going overseas. Biden’s infrastructure plan could incentivize US Steel to rethink their decision.

Like "taxing the rich" corporations who will most definitely take their production overseas?
American steels are superior to Chinese junk, that is a fact. But what do you know about
the quality of steel, your Prius is mostly plastic with a little tin and battery operated?