Guys, let's take jurisprudential stuff to the other thread.
Anyone have any comments on Trump gearing up for some top-down command in energy markets?
And I don't want to be this fellow,
but here's an excellent argument for why "if Trump really wants to save American steel, he'd nationalize it": it's a national security asset, it's relatively tiny against the scale of the economy, it concentrates a small number of skilled workers, it's been utterly outcompeted in international (and domestic) markets by the rest of the world even with govt subsidies, it's been operating on annual net loss for almost a decade, it could be bought out for cheap (compensated eminent domain?), and the desired level of strategic production and skill retention could be maintained more efficiently under national control than with scattershot efforts to keep a failed private industry solvent...
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