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“A sluggish giant did not help our economy, ... I think the way to consider this issue is to consider the story of U.S. Steel.”
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“Software is becoming the basis of the new economy, but surely that was also true of petroleum in 1912,”
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“U.S. Steel was a continual drag on the economy for the next 50 years and caused substantial harm,”
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“The striking thing about the petroleum industry is U.S. firms still dominate the world petroleum industry. And the U.S. firms that dominate are the remnants of the old Standard trust,”
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