> Now, after only two years, many steel mills are re-opening, factories are being expanded, the economy is doing well. <
Not in my neck of the woods. The closed factories are still closed. The empty industrial sites are still empty.
The song “Living Here in Allentown” still fits.
It’s a very complicated issue. And I don’t blame Trump very much. Two years is not enough time to fix twenty years of poor decisions. But the buck stops at the Oval Office.
“Not in my neck of the woods. The closed factories are still closed.”
_______________________________________________________
That surprises me.
Last year, I remember hearing the CEO of U.S. Steel saying that steel factories have re-opened, and new ones are being built. The CEO went on to credit the Trump tariffs for this re-newed economic activity.
Lowering the corporate tax rates to 21% has helped the recovery (although apparently not in your area). I heard China has a corporate rate of 25% and Russia has a personal and corporate income tax of 14%.
Are you in Pennsylvania?