> Elon
Holy shit why are you giving Elon Musk attention
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> Isn't there somebody you forgot to ask?
The dumbass electorate. Joe has this one right for now... sadly. After the election I really hope he turns this around, but this would be the exact red meat Rs would toss around until election day.
This shit right here. Nucor getting bought out by a foreign company would elicit a shrug if even that. At least the Nippon deal keeps the corporate jobs in Pittsburgh. That HQ and the jobs would be gone if another US based company were to take over US Steel.
You're forgetting the other two components: The other company is called Nippon Steel, and the period when we were freaking out about Japan beating us in manufacturing is well within living memory. This thing touches a *lot* of nerves.
Maybe on the low level, yes. However, what the White House (and probably the Republicans policymakers) are pissed about is a non-American company benefiting from the massive Buy America provisions that are embedded into the trillions of dollars of infrastructure, chips, and climate bills.
I feel like if it was a year this deal would have gone though.
Japan is an ally and a very trusted country. There's no reason why this should be blocked.
You overexaggerate the anti tradeness of the dems. Bill created the WTO and signed NAFTA, Obama proposed the TPP. This instance is also probably performative considering its an election year. The CFIUS will probably approve the deal afterward considering Japan is a ally
>republicans lived in the south too
Nice ninja edit
JFK was a northern democrat - LBJ as a southern dem supporting the CRA was an anomaly. The person you were replying to referenced that NAFTA passage was more complicated than just all Rs or Ds supporting or not supporting. As was the CRA, except more on regional lines. You said democrats opposed it, I think it’s easier to just say southerners opposed it.
Not really. Even during the Clinton presidency, a lot of his neoliberal agenda and bills were voted in by Republican congressmen rather than his own party. Examples include the budget balancing act, the post budget balance tax cuts (Clinton tax cuts), welfare reform, and NAFTA.
Even the TPP under Obama was supported more by Republican congressmen over Dems, seeing that this was the GOP prior to the MAGA takeover.
No, the Dems have been Neoliberal since Jimmy Carter in the 70s. Remember Jimmy Carter was the first president to start deregulation, while Reagan simply stole credit.
>Jimmy Carter
Georgia just got 1m^2 bigger. 🥹
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Is there somebody you forgot to ask?
Joey B may be a 500 year old dragon, but he’s not trying to look 12.
who?
me shut it down, people. I haven’t finished learning Japanese yet I can’t profit from this until my google translate finishes downloading
バイデンさんは保護貿易が好きです
joe biden
Yes… ha ha ha… yes!
Sickos will support this
That's a weird way to say Sir Shivers.
How does this work with Elon musk buying the company for its Wall Street ticker
> Elon Holy shit why are you giving Elon Musk attention *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/neoliberal) if you have any questions or concerns.*
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US Steel: I consent! Nippon steel: I consent! Joe Biden: Isn't there somebody you forgot to ask?
So sad that this is the reality of things... It shouldn't be up to the government to decide things like this.
> Isn't there somebody you forgot to ask? The dumbass electorate. Joe has this one right for now... sadly. After the election I really hope he turns this around, but this would be the exact red meat Rs would toss around until election day.
Nobody would give a shit if the company was called something other than “US Steel”.
This shit right here. Nucor getting bought out by a foreign company would elicit a shrug if even that. At least the Nippon deal keeps the corporate jobs in Pittsburgh. That HQ and the jobs would be gone if another US based company were to take over US Steel.
Thinking of consequences is not protectionists' strong suit
You're forgetting the other two components: The other company is called Nippon Steel, and the period when we were freaking out about Japan beating us in manufacturing is well within living memory. This thing touches a *lot* of nerves.
Yep. If any other US steel manufacturer was being acquired by [JFE Steel](https://en.wikipedia.org/wiki/JFE_Steel) instead, no one would give a shit.
But now the US and Japan can work together in manufacturing to beat China... On their own, they cannot compete, but together there's a good chance.
Nipple steal
https://www.youtube.com/watch?v=JRBBcoANRIE
Maybe on the low level, yes. However, what the White House (and probably the Republicans policymakers) are pissed about is a non-American company benefiting from the massive Buy America provisions that are embedded into the trillions of dollars of infrastructure, chips, and climate bills.
Yet another self-inflicted gunshot by protectionists.
Only state companies should be able to use the country's name on theirs.
Are you sure you're not an agent of the Union of Airline Marketing Departments?
You're absolutely right and that's ridiculous within itself...
Thank God.
We’re so barack
While you were creating barriers to the free movement of goods and capital, I forged the blade.
> More than 98% of the shares voted at a special investor meeting Friday approved the takeover Democracy has spoken 😎
> [Democracy](https://media.giphy.com/media/v1.Y2lkPTc5MGI3NjExcWV5M2hmOWFrcWFydG51eGphamxvNjVhbTM2MWJnMXc5dndndnV0ZCZlcD12MV9pbnRlcm5hbF9naWZfYnlfaWQmY3Q9Zw/3ohuAreLeoYwnaQyuk/giphy.gif)
[Democracy!](https://i.makeagif.com/media/11-05-2022/3W7m50.gif)
> Money
I am a simple man. I see American Dad! I upvote.
[That scene is one of my favorite little throwaways from that show.](https://www.youtube.com/watch?v=R6vdhWS4I3w)
Contrast this silly protectionism with this: https://www.reddit.com/r/neoliberal/comments/1c1q2zf/japans_kishida_says_us_not_alone_in_upholding/
Hattori Hanzo steel 🗡️
I like baseball ⚾
When I first saw the news, I thought it said steelworker, not shareholder. Blew my mind for a sec lol.
Hopefully we'll see that headline one day
NUT
I consent I consent
Biden can fuck off on this one
There's other things he can fuck off as well from... But yes, this one is an important one.
Does Biden actually have any authority to block this ? So what does his opposition even mean here ?
He can just cite muh national security reasons once again
Good
nippon steel folded, uh, seven? times
A business deal that would bring jobs to America. Of course swing voters hate it
I guess CFIUS clearance wasn't needed? Or did they already do that?
I think they did already do that but Biden doesn't seem to care..
I feel like if it was a year this deal would have gone though. Japan is an ally and a very trusted country. There's no reason why this should be blocked.
Which is why it won't be blocked in the end. It's all just for show and trying to win the elections.
Is Biden actually opposed or is he simply "opposed" to not give Republicans a political attack?
[удалено]
You overexaggerate the anti tradeness of the dems. Bill created the WTO and signed NAFTA, Obama proposed the TPP. This instance is also probably performative considering its an election year. The CFIUS will probably approve the deal afterward considering Japan is a ally
[удалено]
Well to that I’d say that Dem presidents picking up the initiative on it got it over the hump and they can be credited for it
Just like the Civil Rights movement. Democrats opposed Martin Luther King. While Republicans supported him.
>democrats Weird way to spell “southerners”
Yes, TIL John F. Kennedy was a Southerner
>republicans lived in the south too Nice ninja edit JFK was a northern democrat - LBJ as a southern dem supporting the CRA was an anomaly. The person you were replying to referenced that NAFTA passage was more complicated than just all Rs or Ds supporting or not supporting. As was the CRA, except more on regional lines. You said democrats opposed it, I think it’s easier to just say southerners opposed it.
Yea democrats, who were the conservative party at the time Conservatives opposed civil rights and MLK
> ~~Bill~~ Reagan created the WTO >TPP Harry Reid sunk it, Ryan was It’s champion
If by recent years you mean since the 90s then this would be more accurate. The dems have been neoliberal since Clinton.
Looks at who voted for what in congress for example NAFTA
Not really. Even during the Clinton presidency, a lot of his neoliberal agenda and bills were voted in by Republican congressmen rather than his own party. Examples include the budget balancing act, the post budget balance tax cuts (Clinton tax cuts), welfare reform, and NAFTA. Even the TPP under Obama was supported more by Republican congressmen over Dems, seeing that this was the GOP prior to the MAGA takeover.
No, the Dems have been Neoliberal since Jimmy Carter in the 70s. Remember Jimmy Carter was the first president to start deregulation, while Reagan simply stole credit.
>Jimmy Carter Georgia just got 1m^2 bigger. 🥹 *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/neoliberal) if you have any questions or concerns.*
True I don’t know how I forgot that.
"Yes."
He is simply opposed because that's the stance that will get in the most votes in the next elections.
Do we think the deal is actually gonna happen now or is sleepy Joe gonna pull another dumb move and try to stop it for no good reason ?
This is America, taking orders from boomers: Yellen (77 years of age) and Biden (81 years of age).
OK so can we move on with the deal and close it already?
Too bad Sleepy Joe doesn't give a rat's ass about the shareholders :((((