Agreed - mostly. I don't want the govt. to do a thing for me, and I don't want to give them my money, as they evidently waste most of what they take.
I do think they should be able to make the decision to take an objective look at the possibility of subsidising the steel industry, by way of long term loans.
It can be argued that the current problems are short to medium term, and when things pick up / get back to normal, we wont have a steel industry left to take advantage of that. We will then be at the mercy of foreign companies and Govts. for steel, just like we are for most other things nowadays.
The problems in 2008 showed us we would be better to have a more broad based economy, and particularily need to expand our manufacturing base. We cant keep relying on the financial sector for evermore.
Imo,it will bite us on the arse again, if we do.