Word: steels
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...Democrats may have been rejoicing in the opportunity to condemn Reaganomics, but in public they appeared appropriately anguished and angry, especially the would-be Presidents. In Los Angeles, at a Bethlehem Steel plant the company intends to close, former Vice President Walter Mondale told a crowd of steelworkers that "we've gone beyond fat. We're into bone and muscle. Now unemployment is cutting deeply into the heads of households." Massachusetts Senator Edward Kennedy was no less impassioned. Said he: "This is a national tragedy and a national disgrace. How many dreams have been lost...
...unemployed. Joel begins The Nylon Curtain with "Allentown," an upbeat ode to those who are out of work in the Pennsylvanian factory town. Joel sprinkles insincere comments about broken American promises in between the vacuous refrain "And we're living here in Allentown." "Iron and coke and chromium steel," Joel chirps cheerily...
...only was this union-company role reversal ironic, but failure of UAW leaders to push through more concessions also dashed hoped that an era of "new cooperation" between companies and unions had begun with the 1979 "bailout" contract. Unions in the import-battered industrial mainstays of the U.S. economy--steel, autos, and rubber--seemed about ready to hold down labor costs in exchange for job security and more voice in corporate decisions. Such "cooperation" has been a central theme of recent "re-industrialization" plans designed to arrest the desperate decline of the U.S. economy, Sen. Gary Hart...
...Crossings, Steel...
...Crossings, Steel...