Just in time for the holidays, US Steel has announced 1,545 layoffs at two plants in Michigan. At the same time, 5 executives at US Steel received on average a compensation package of $4.8M last year, a 53 percent increase from 2017.
Trump promised to save the steel industry with tariffs and tax cuts. Instead, he has lined the pockets of wealthy executives and campaign donors. America has socialism for rich, harsh capitalism for everyone else.
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