The Bethlehem Steel plant at Sparrows Point in Baltimore employed 30,000 people at its peak. Compare that to the state-of-the-art steel mill in Calvert, Alabama jointly owned by ArcelorMittal and Nippon Steel. That plant can produce something like six times the volume of Sparrows Point at its peak, with a total staff of fewer than 1,700 workers.
> it was the age and obsolescence of the factories and the changes in supply chains for raw materials <
Some truth there. But America no longer makes the basics. TV sets, shoes, tools, clothing...those things are now all made overseas. And the kid in the inner city, he cant find a decent job to save his life. Something is very wrong with that.