(03-06-2018 12:04 AM)banker Wrote:  The U.S. Military requires 3% of US production during times of relative peace. What percentage did they require during WWII?

I'll help a little. The U.S. Currently produces about 8 million tons of steel a month. During WWII the military consumed 788 million tons of steel over a six year period. In other words, we currently produce 8 and during WWII we used about 11, or about 137% of current production.

Due to,aging factories it's not like we can just jump production to 15 million tons a month. U.S. Steel is currently spending a bunch on modernization, but it's a three year project and they have to be profitable to make it happen.

Exactly. We dont really want to have to rely on anyone else for essential materials. A healthy steel/aluminum sector in good for America. Frankly, its just one step in the right direction. We need to bring a lot of manufacturing back to the US. Its simple as that. Those were the jobs that a high school grad could raise a family on.

Shipping manufacturing overseas is shrinking the US middle class and shipping 800 billion overseas every year is chipping away at our wealth. Just do the math. Eight hundred billion in wealth is leaving the country every year. Thats about 4% of the entire US economy every year....and it would be waaay worse if we hadn't figured out how to frac oil.