Monday, July 11, 2016

Barack Obama: "The steel industry is producing as much steel in the United States as it ever was. It’s just (that) it needs one-tenth of the workers that it used to."

When Donald Trump made a high-profile speech outlining his approach to trade, he did it in Monessen, Pa., a town near Pittsburgh where a big steel mill has been shuttered for the past three decades.

A day after Trump’s speech, Barack Obama brought up the history of American steel during a joint appearance with the Canadian prime minister and the Mexican president, who were meeting for a summit in Ottawa.

Reporters asked the three leaders what they would do to counter the anti-free-trade sentiment exemplified by Trump. Obama acknowledged the shortcomings of trade agreements, but he argued that reverting to tariffs and a possible trade war was the wrong way to improve the situation. He pointed to technological change as an irreversible factor....
http://www.politifact.com/truth-o-meter/statements/2016/jul/05/barack-obama/barack-obama-wrong-about-size-us-steel-production-/


No comments:

Post a Comment








Click Older Posts above to see more.