Lifting the curse

摘要

US mills that the in past tried to argue that European steelmakers enjoy a special form of state benefit because they need provide no more than "top-up" fringe benefits for their workers are now lobbying the US government to cover the costs of ex-worker benefits. These are now known as "legacy costs". released from this burden, mils argue that they would have funds for modernization and would not be deterred by the prospect of adding to their "legacy costs" with each new wave of redundancies. This requirement is presented almost as a unique feature of the steel industry.In fact it would apply to any industry with a large payroll needing to adapt quickly to higher productivity and a small workforce.