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Comment Re: I'll add an example to the above poster's poin (Score 1) 742

Steel died because of short horizons. They stopped doing long term investments in technology and processes. Some on here will try to blame the unions (fair warning, I was a member) but it was more the fault of the stockholders demanding profitable quarters. The milling machines I worked on had vacuum tube based controllers in the 1970's. The Japanese were all CNC.

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