It's just a matter of time.

Current Events » in reply to US steel tariffs - it's much more complicated than mere protectionism

Bowser — 4/5/2002 7:47:02 PM (archived)

Those contracts which established pension programs with an unfunded liability are going to drive the steel companies into bankruptcy anyway.

The tariffs just bought them another year or year and a half to struggle on as they have for the last 20 years, and then it's over anyway.

Arf

The whole thread (5 posts)

US steel tariffs - it's much more complicated than mere protectionism - Matt Burley - 4/5/2002 8:06:11 PM
- One addendum - Matt - 4/5/2002 8:23:46 PM
  - I'm not real familiar with this pension protection - alcaray - 4/5/2002 8:53:01 PM
    - Yes, it's a form of insurance, administered by a gov't agency - Matt Burley - 4/5/2002 1:27:56 PM
- It's just a matter of time. - Bowser - 4/5/2002 7:47:02 PM

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