Bailing out the coal industry at the expense of the taxpayer (unemployed, legal)

[Freak80]

Originally Posted by TreeBeard

Just more Republican takers offering society nothing and living off the government dole.

It’s funny how Republicans and conservatives like free money too, isn’t it?

[Sydney123]

Originally Posted by le roi

Way to go, Republicans

The Dems would rather bail out illegals.... rather than their fellow Americans. You've got no room to talk.

[RosieSD]

Quote from the article in the first post:

Rep. Larry Bucshon (R-Ind.) is promoting the Electricity Reliability and Fuel Security Act, which would provide a bailout for the coal industry of about $3.5 billion to $3.7 billion per year for each of the next five years. It would come to a total of approximately $17.5 billion to $18.5 billion in income tax credits.

Wait a second, didn't the big tax bill give all corporations big ever-lasting tax cuts just three months ago?

And the coal industry is already back for more handouts? Say what?

[RosieSD]

Originally Posted by Sydney123

The Dems would rather bail out illegals.... rather than their fellow Americans. You've got no room to talk.

I assume you're a supporter of building the wall.

Well, let's think about this in those terms.

The Congressman is asking for $18.5 billion to bail out the coal industry. The President needs about $18.5 billion to build the wall.

Which would you rather do? Save the coal industry or build the wall?

As my dear late father used to say, "Rosie, money doesn't grow on trees so you have to think hard about how to spend it."

[Loveshiscountry]

Everyone should get a Federal tax break.

[Winter_Sucks]

The free market killed coal. We should invest in retraining programs or people will need to find work elsewhere.

[Tominftl]

Coal is dead. No demand for coal. Trump used these people and teased them by acting like they were going to use Clean coal. That’s a laugh just like Trump is.....

[HockeyMac18]

Originally Posted by cuebald

LOANED them billions, which was paid back with interest.
https://www.factcheck.org/2010/05/general-motors-debt/

A not-insignificant point.

[HockeyMac18]

Originally Posted by Elliott_CA

Government SHOULD give subsidies and tax write-offs to EMERGING new industries, like solar and wind power. This will result in a net positive ROI for the taxpayer. Once the new industry is on their feet, wean them off.

What government SHOULD NOT do is give subsidies and tax write-offs to DYING old industries, like coal. The motivation there isn't to grow an industry, it's to prop up political cronies. Let the dying industries expire on their own.

Agreed.


Incentivize these areas of the country to re-invent themselves. Provide them subsidies to do so. There is so much opportunity there to make these places "great again" through innovation and new technologies.


Stop pouring money into dying industries with non-sustainable solutions to our country's future energy needs.

[Winter_Sucks]

Originally Posted by Tominftl

Coal is dead. No demand for coal. Trump used these people and teased them by acting like they were going to use Clean coal. That’s a laugh just like Trump is.....

Trump will just tell them it’s Obama’s fault and they’ll believe it because they’re racist and stupid.