Quote:
Originally Posted by dsvitak
I have a good friend whose dad was a steelworker near Pittsburgh, from the late 50's to around 1980.
His dad told me, many years ago, that the unions KNEW that they were running their company out of business with their demands..."but we gave it a hell of a run."
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Not sure why your friend's dad felt the need to blame himself (perhaps he started voting for anti-union politicians and wanted to justify it?), but as we still have a steel industry, it appears the fault was less with the workers and more with that particular company. Whether it was under-capitalized or inefficient or skimming revenues for other purposes, I wouldn't know without examining the particular case. But the persistence of unionized steel producers such as United States Steel, Cleveland-Cliffs and Arcelor-Mittal shows that this is not an irreconcilable impasse. (Mittal is the parent company of what used to be LTV Steel.)