Donald Trump Saves the Coal Industry!

The LA Times tells the story today of a coal-fired power plant in Homer City, Pennsylvania:

“Everyone gets concerned when they wake up and don’t see smoke coming out,” said Rob Nymick, manager of the 1,700-resident borough that he says will be economically “crushed” if the plant goes dark.

….The plant remains an albatross to investors, and a source of increasing anxiety to the hundreds of Pennsylvanians who rely on it for their livelihood. It is likely to remain a loser financially no matter how far Trump goes in rolling back regulations.

“I’m not sold on the fact that the war on coal is putting that power plant out of business,” said Nymick, pointing to struggles to compete with cheaper natural gas, solar and wind energy. “You don’t know what to believe or who to believe.”

This is all true. And yet, oddly enough, Trump has missed a chance to boast about what he’s done for the coal industry. Check out this chart:

In reality, this blip is meaningless. Coal mining employment has experienced four substantial upward bounces since 2000 even as overall employment stayed flat during the whole period. But that’s never stopped Trump before, so what’s the problem this time? The proposal of the Clean Power Plan in 2014 really does seem to be associated with a big drop in coal employment, and that drop stopped in mid-2016 and then turned around when Trump was elected: employment in the coal mining industry has risen from 50,000 to 52,000 since November.

Coincidence? Who cares! Given all the other nonsense Trump brags about, how is it that he’s missed bragging about this?

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WE'LL BE BLUNT

It is astonishingly hard keeping a newsroom afloat these days, and we need to raise $253,000 in online donations quickly, by October 7.

The short of it: Last year, we had to cut $1 million from our budget so we could have any chance of breaking even by the time our fiscal year ended in June. And despite a huge rally from so many of you leading up to the deadline, we still came up a bit short on the whole. We can’t let that happen again. We have no wiggle room to begin with, and now we have a hole to dig out of.

Readers also told us to just give it to you straight when we need to ask for your support, and seeing how matter-of-factly explaining our inner workings, our challenges and finances, can bring more of you in has been a real silver lining. So our online membership lead, Brian, lays it all out for you in his personal, insider account (that literally puts his skin in the game!) of how urgent things are right now.

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