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Coal mining is down because of EPA regulations on coal fired power plants. Obama said he would bankrupt all coal fired power plants once he took office. The free market has nothing to do with it. Natural gas is cheaper because increasingly more gas is being found and/or they have found a way to extract more gas through horizontal drilling and fracking. That is the free market at work, until Obama finds a way to regulate them out of business too. You know that, right?

Right now, Obama has been yodeling about how many people will lose their jobs from his sequestration. Virtually all of them are government jobs. In Obama's vernacular, those are the only jobs that matter, unless of course the private sector jobs are union jobs. Non-union jobs don't count. For example, the Timberjay is non-union, while the Mesabi Daily News is union. The point is Obama threatened a sequester, he now has his sequester and now he is whining and ginning up the public that the sequester is the Republicans idea.

You are a good researcher, look it up. And you know that too, right?

From: Are you concerned about the impact of the sequester?

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