The party for the little people

As I've said repeatedly on this blog and to anyone who will listen.

I'm not a conservative for me. I can afford $4.00 a gal for gas. (In fact I just traded in a sub compact for a big ass pick up truck).

I'm a conservative for those in the lower middle class.

With that said, ask yourself who is hurt more by this news............

American Electric Power on Thursday announced it plans to shut down several coal-fired power plants, convert or retrofit others, and cut as many as 600 jobs in the next few years to comply with regulations proposed by the U.S. Environmental Protection Agency.

Based on the proposed regulations, AEP will have to retire nearly 6,000 megawatts of coalfueled power generation; upgrade or install new advanced emissions reduction equipment on another 10,100 megawatts; refuel 1,070 megawatts of coal generation as 932 megawatts of natural gas capacity; and build 1,220 megawatts of natural gas-fueled generation.

The cost of AEP’s compliance plan could range from $6 billion to $8 billion in capital investment through the end of the decade. The company said high demand for labor and materials due to a constrained compliance time frame could drive actual costs higher than these estimates.

Now, if you are an Obamunist, you say "Hey look at all the jobs we're creating from that plant investment".

But that investment is going to be paid for by the people who use electricity.

And who does that impact more

An accountant in "Redville"?
An unemployed auto worker?
Don Trump?
Ke$ha?

Once again, the Obamunists would understand this if any would have taken an econ 101 course at Harvard.

They might have learned something about broken window economics.

At wiki here is a key phrase that illustrates this useless regulation.............

Whence we arrive at this unexpected conclusion: "Society loses the value of things which are uselessly destroyed;" and we must assent to a maxim which will make the hair of protectionists stand on end—To break, to spoil, to waste, is not to encourage national labour; or, more briefly, "destruction is not profit."

But hey, they're out to protect the little guy right?