[TheForge] Steel Prices

[Peter Fels And Phoebe Palmer]

It's sort of a classic joke on the conservatives who have been 
slavering  for decades over the opportunity to exploit the potentially 
vast market that China represents.
Steel prices; Like gas, a fair part of the steel cost difference lies in 
the massive devaluation of our currency that Bush encouraged. We spent 
much more than we had and printed more money freely and are continuing 
to do so. That makes the dollar worth less so it costs more to buy steel 
and gas. What's the difference between that and a tax? Form only, both 
cost us in the end....in the end is right......Pete F

Andy Vida wrote:

>"David E. Smucker" wrote:
>
>  
>
>>http://www2.thefabricator.com/homepage.htm
>>
>>go to the Article Archive (left side of homepage) and then search on "steel
>>price" and The Fabricator.
>>
>>Very interesting article.
>>    
>>
>
>	Indeed.  It confirmed my suspicions that China was a
>	significant factor in this.  They are up and coming
>	and I think they may become a source of economic woe
>	for the USA.  We used to be top dog and we're not
>	anymore.
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