Quote:
Originally Posted by Rochard
This morning on the news in the background while I was making breakfast was some guy from some small pissant town where 85% of the people voted for Trump. This was a coal town, and they really believe that coal is going to come roaring back to life. No one wants coal any more - All of us have moved away from it.
The United States is the world's second largest producer of coal (behind China), but coal use is shrinking by 7% per year since 2012. It's not coming back.
These people just want to believe.
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That's my point. The big industry users of coal see the writing on the wall. They are not going to invest in coal powered plants now and revive mining just to see it rolled back again in a few years when tRump has run his course. These folks don't realize those days are over, we are a service economy now. Manufacturing has moved on. If education does not step up, their progeny are going to be working for the Germans, South Koreans, Chinese and Indians. And I don't mean in high paying jobs, I mean "would you like fries with that"?