Business: Curing Ailing Industries

The air is full of suggestions for rebuilding the U.S. 's basic enterprises

Key segments of U.S. industry are critically ill, and their problems extend far beyond the current economic downturn. Washington agencies last week published reports on two of the nation's most basic businesses, and their conclusions were profoundly pessimistic. Items:

STEEL. After a three-year study, Congress's Office of Technology Assessment declared that unless domestic steel manufacturers receive federal aid, the U.S. will soon become as dependent on imported steel as it now is on OPEC oil. It recommended that steelmakers increase...

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