Machine Tool Co. Bankruptcy Sends Ripple Through JSF Program

"huuto" wrote

The Ingersoll bankruptcy that put a kink in the JSF program
underscores how an upheaval in a critical industry such as machine tools
can threaten the processes of aerospace manufacturing. In the U.S.
Congress, concerns over the loss of manufacturing expertise have spurred
a new and stricter version of the "Buy America" movement. The House
version of the Fiscal 2004 defense authorization bill contains a host of
guidelines and restrictions aiming to protect U.S. industry. The Bush
administration, the Pentagon and industry are split on the effectiveness
of the legislation (AW&ST July 7, p. 23).

The NAFTA answer is to use machines built in Mexico. They're actually
higher quality, and cheaper than the **** that Americans produce.