re: Fetterman: Acquisition of US Steel by foreign company is wrong for workers & wrong for PA

quote:

---

I'm not upset with Japan growing stronger. We've occupied Japan for many decades, and some of our politicians are shamelessly bitching about the idea of Japan growing stronger.

---

If you think about it from an economic standpoint in the electronic revolution in the 1960’s, 70’s, and 80’s, before China took over, Japan and U.S. were joined at the hip in manufacturing electronics. As Japanese companies expanded, they purchased US businesses and real estate as they grew in wealth. Now with China taking most their production, stagflation has hit their economy and they are shrinking in population so they are further looking to expand globally.