U. S. STEEL VS JFK
are some wounds one can only
heal by deepening them, and
making them worse.” ― Paul
"It was true that he accepted an economic system founded on private ownership and that his policies were designed, in effect, to lure business into investment and growth. But this was not enough. The fact remained that he was outside the business ethos, that he did not regard the acquisitive impulse as man's noblest instinct nor the pursuit of profit as man's highest calling, that he was unimpressed by great accumulators of wealth, that he did not consider successful businessmen as the best brains or the most enjoyable company, that he saw then as a faction to be propitiated and not as a force to be followed, that he brought few of them around in the evening."
"There is a theory -- unsupported by any direct evidence -- that Blough was acting as a business statesman rather than as a businessman judging his market. According to this theory, Kennedy's prior appeal to steel executives not to raise prices, leading to the contract settlement between company and union, had poised over the industry a threat of jawbone control of prices. For the sake of his company, the industry, and the nation, Blough sought a way to break through the bland harmony that has recently prevailed between government and business. That the threat of jawbone control was no mere bugaboo was borne out by the tone of President Kennedy's reaction and the threats of general business harassment by government that followed the so-called affront."