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Reply To: Should the USA Auto Industry be bailout?

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#786624
Anonymous
Inactive

Somehow I thought airlines received some direct or indirect assistance but can’t remember now :Cry:
One thing that’s for sure is that the steel industry received major protection shortly after 9/11 and for all I know they may still be in place. Without them they wouldn’t be able to compete against Indian, South Korean, Brasilian, and Australian steel mills. Technology is outdated and efficiency and output is low as well.