this post was submitted on 04 Dec 2024
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[โ€“] PanArab@lemm.ee 5 points 1 month ago (1 children)

The jobs are even at more risk if US Steel goes under. Unless nationalization is an option.

[โ€“] Madison420@lemmy.world 4 points 1 month ago

It should be. There's a few industries you have to prop up even if they're wildly uneconomical because we know for a fact what happened the last time nations let globalization ruin their war production capability. Hell the American steel industry is arguably the single most important industry for about 120 years and arguably the main reason the allies won either world war.