Coal company lays off workers after Obama wins

[dspNY]

Those workers should file suit against Murray, what a joke

[The world will shine with light in our nightmare]

EDIT: Oh great. Now even occasionally non-trollish posters who SHOULD know better like Ben Kenobi are drinking the Kool-Aid.

You're funny.

[Ⓐnarchy in the ☭☭☭P!]

What the hell? You leftist *()*& are ing ecstatic about the coal industry dying, yet simultaneously demonize the evil CEO for his evil corporate layoffs? Are you *&(&( to ((*&*&& stupid to understand that the coal industry collapsing means it employees get fired?

No, it's that the first people to take a low blow are always the workers / poor. Always. The CEOs conduct themselves like monarchs of ages ago. And I really can't believe that as soon as an election goes down the world ends for these people and it's time lay people off. That's just being ruthless and cut-throat. This Murray is a total piece of trash and hopefully his employees will find employment from someone much more resembling a human being evolved beyond the 15th century.

I meant that coal overall needs to get realistic about its future. There's just no way around that.

So this "evil CEO" has received news that the fellow who is likely to regulate the hell out of him, impose huge additional operating expenses on him, and jack up his taxes (if he could run it past congress, that is) has just won the election. One particular feature of his business that will attract additional costs is full time workers due to how the PPCA works. The hell do you expect him to do?

Obama already "regulated the hell out of him." His energy bill got signed into law more than three years ago. This election changes absolutely nothing for this guy.

Uh, well the obvious thing is that seeing as how Romney lost, all those laws have basically no chance of repeal in the next four years, whereas had Romney won there'd at least be a (very small) chance that some of them would be repealed.

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Obama actually campaigned on closing Gitmo too, and look how well he kept that promise. I didn't know that politicians are legally incapable of breaking promises.

Now anyway, Obama is being expected to find a way to reduce the deficit. This deficit can be cut (Significantly, that is) in three ways:

-He can cut welfare spending, Medicare for instance. He's quite obviously not going to do this.
-He can cut military spending. Again, judging from 2008, he won't do this either.
-He can raise taxes.

Now if you don't live in a cave, you might be able to figure out that option three is the one Obama would prefer. Naturally, he is willing to cut from other things, but tax increases of some kind will occur if Obama successfully works something out with congress.

[General White]

Those workers should file suit against Murray, what a joke

[freefair]

If this had been the Dems of 50  years ago, the opposition would have been true- they'd be taking on workers and the party would be in the pocket of the union.
This is where the Techo-Industrialist left comes into conflict with the Eco-Left- I bet most of these mine workers are economic collectivists, yet they've apparently been fired due to their parties policies.

[J. J.]

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Sheer, unadulterated nonsense. I suppose in your world the 80s never happened?

Also, FDR jacked up the taxes in 1933. It wasn't until 22 years later that the stock market would finally recover, and it would still be behind when taking inflation into account over that period.

If it takes 22 years, chances are, it ain't the tax increase that caused prosperity.

Of course the 1980s happened. Teflon Ron chopped taxes lower than they had ever been, blew up the military budget, and the economy collapsed of course, and he raised them to fix it.

Tax increases do not cause decline as is commonly argued, that was my point. And the stock market is a little bit of a different story, especially then. 

By the time he raised them, the economy had lower unemployment and inflation was in check.

The problem, in this case, is that this is one small example of layoffs.  Boeing is more typical.

[Indy Texas]

http://www.slate.com/articles/health_and_science/coal/2012/11/coal_ceo_prays_and_fires_workers_how_the_coal_industry_brought_about_its.html

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[Badger]

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Sheer, unadulterated nonsense. I suppose in your world the 80s never happened?

Also, FDR jacked up the taxes in 1933. It wasn't until 22 years later that the stock market would finally recover, and it would still be behind when taking inflation into account over that period.

If it takes 22 years, chances are, it ain't the tax increase that caused prosperity.

[Badger]

EDIT: Oh great. Now even occasionally non-trollish posters who SHOULD know better like Ben Kenobi are drinking the Kool-Aid.

You're funny.

Note the word "occassionally".

Ben is smart, and should be smart enough to parse the reality of this situation. But lately.....