At the same time some industries and their major businesses are strategically important enough to warrant government support.
Look at what's happening to GM, called Government Motors when they were bailed out, they seem to be headed down the same path US Steel is. Their thinking is broken
but look at the recent decisions that led to
- recent statements about EVs
- the Cruise debacle
- deciding not to allow Apple/Google car infotainment systems and opting for a homegrown solution, despite consumers repeatedly stating they want the system that aligns with their phone
They aren't listening and management seems to think they know better