Alpha Natural just announced today layoffs in WV that will eliminate 1000 jobs

obamas-failed-energy-policiesAlpha Natural just announced today layoffs in West Virginia that will eliminate 1,000 jobs.  That’s right 1000 jobs!!!  These are mining jobs with average pay of $65,000 per year.  If we could create 1000 jobs in WV over the next year (which we can’t) they would pay somewhere around $35,000 per year.

For every 1 job lost we need 2 created to keep the tax base and contribution to the economy the same. Losing high paying jobs and replacing them with low paying jobs is the hallmark of the Obama administration. That’s why the economy remains in a rut and can’t gain footing and extract itself.   A friend traveled to 12 states meeting with clients and new clients and many have new jobs and the story is the same in all 12 states.

“Yes I’ve found a new job but I make less money than I did in 2008.”

He met with a union president who was awarded social security disability and he is retiring and no longer looking for employment.   Between 2004-2008 he made over $100,000 a year installing clean coal technology in power plants. Since Obama was elected he’s been unemployed the majority of the time, but this is his best year of earnings, since 2008 which was under $60,000.  A 40% pay cut from the Bush years.

According to CNBC, “Jobs growth in the U.S. since the 2008 recession has been undermined by lower wages, with workers earning an average 23 percent less than earnings from jobs which were lost, a report by an organization representing U.S. cities said on Monday.”  The average pay of lost jobs in 2008 was $61,337 and the average salary of replacement jobs in 2014 is $47,181 nationwide

When you calculate the increased spending of 6 years of inflation and 23% less salary, the lagging economy makes sense. That’s why the Obama administration keeps vilifying the wage gap and insists we’re all unpatriotic if we don’t support raising the minimum wage to $15 per hour.

This President doesn’t care about working Americans, he cares about non-working Americans. If you’re on welfare you get a free cell phone, if you work, you’re treated with contempt.

Related articles:

They Shuttered Two More Mines in Wayne County, WV. Congratulations Mr. President.

ROMNEY to OBAMA in 2012 Presidential debate: “you don’t just pick the winners and losers, you pick the losers”

Obama’s EPA and Their War on Coal – If You Can’t Compete You Cheat

Obama’s War on Coal – You Need to Create Two Jobs for Every One Job Obama Eliminates

About Idea Capitalist
Family guy and entrepreneur. Small Business owner. NFIB Leadership Council member. Serial blogger.

3 Responses to Alpha Natural just announced today layoffs in WV that will eliminate 1000 jobs

  1. tar714 says:

    This is frightening, Obama’s war on coal is also a war on energy. Orlando has one of the largest clean burning coal fired plants in the southeast. As Obama continues his war on coal, energy costs have no where to go but up. Thereby impacting the working Americans including poor Americans. Not only does Obama and his radical EPA kill jobs in West Virginia, Ohio, Pennsylvania and Kentucky, Good paying Livable Wage Jobs, they cause Americans to reach deeper into the nearly empty pockets to pay for increased energy costs to cool & heat their homes and to fuel their vehicles. I guess this is the Hope and Change Obama was really talking about!

    Obama pretends and talks a good game when speaking about the poor and middle class in America. But that’s all talk, there’s no substance. His actions speak louder than his empty words, which are made at never ending campaign rallies to incite supporters. It’s time for our respective state Governors to step in and override this insanity from Washington, DC. As stated in the article the 1,000 workers laid off made on the average $65,000 yr. That has a huge impact on a community, more important it can have a devastating impact on a household! This phony campaign by the left in this country about “living wages” is all ruse, as Obama and his EPA continue to decimate the coal industry in America.

    Like

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