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In It to Win It

(8,225 posts)
Thu Sep 3, 2020, 10:55 PM Sep 2020

Trump Made a Promise to Save Coal in 2016. He Couldn't Keep It

(Bloomberg) -- President Donald Trump spent more than $1 billion in taxpayer funds, rolled back environmental rules and tried to stop power plant closings to fulfill a vow he made to West Virginia coal miners in the 2016 campaign.

But nothing he’s done is rescuing the coal industry.

Since Trump’s inauguration, U.S. coal production—after a slight uptick in 2017—is expected to be down 31% this year from 2016 levels. By some estimates, more than five dozen coal-burning power plants have closed and although mining jobs remained steady before dropping this year, they didn’t increase.


https://www.yahoo.com/finance/news/trump-made-promise-save-coal-080046277.html

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Trump Made a Promise to Save Coal in 2016. He Couldn't Keep It (Original Post) In It to Win It Sep 2020 OP
Coal is dying, and rightfully so... Wounded Bear Sep 2020 #1
He would also have clean coal.😂 demosincebirth Sep 2020 #3
He also was going to save steel. As of August 29 steel production down 20.1% doc03 Sep 2020 #2
That bullshit was just cover for him Wellstone ruled Sep 2020 #4
And thanks to Melanoma's friend, Delarage Sep 2020 #5
Heard this story from a Wellstone ruled Sep 2020 #6
it's called bancruptcy but onethatcares Sep 2020 #7
Yupper. Wellstone ruled Sep 2020 #8

Wounded Bear

(58,604 posts)
1. Coal is dying, and rightfully so...
Thu Sep 3, 2020, 10:59 PM
Sep 2020

It's the markets that are killing it, and can't happen soon enough.

Sorry about the coal miners, but there are much better ways to drive industry.

 

Wellstone ruled

(34,661 posts)
4. That bullshit was just cover for him
Fri Sep 4, 2020, 12:25 AM
Sep 2020

promising huge bailouts to Murray and another Coal billionaire. You give my Inaugural some heavy coin,I will take care of you.

Delarage

(2,186 posts)
5. And thanks to Melanoma's friend,
Fri Sep 4, 2020, 09:15 AM
Sep 2020

we know that giving money to the "Inaugural" = putting money in my pockets

 

Wellstone ruled

(34,661 posts)
6. Heard this story from a
Fri Sep 4, 2020, 12:00 PM
Sep 2020

Coal Miners Union official around Thanks Giving of 2016. He was at the time,VP of the Miners Western Division and had just finished a Labor agreement with the Western Soft Coal Miners.

We both were getting our 10 year knee replacement check ups. Sad to say,he was a full on Trumper and bragged about how the fix was in for his Boys. Well,Buck is no longer with us,Black Lung,and all but three of his Union Mines are closed and the three remaining are in Bankruptcy one way or another.

Only fix that was in was,Bob Murray and the Governor made Billions while others made unemployment or worse.

onethatcares

(16,163 posts)
7. it's called bancruptcy but
Fri Sep 4, 2020, 12:19 PM
Sep 2020

it's spelled; "bye bye pensions and healthcare for the workers".

Ever notice the big guys don't do gofundme for medical bills?

 

Wellstone ruled

(34,661 posts)
8. Yupper.
Fri Sep 4, 2020, 12:32 PM
Sep 2020

Buck had first dollar Medical Coverage paid and maintained via a Trust type of funding. As well as his Grown Children and their families.

Saw first hand to damn many folks end up flat ass busted as a result of Pensions being stolen by Ownership of Companies during Bankruptcies during the Reagan and Bush era's.

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