Darth Omar
Russian asset
Like a mountain stream reviving after a drought, money is trickling into Appalachia again -- at least, for now. It begins with a trio of global forces: Chinese production curbs, President Donald Trump’s anti-regulatory policies and investor bets that have, over the last year, doubled the market value of publicly traded U.S. coal companies, to $15 billion.
It ends in cities like Logan, population 1,800, where streets that once bustled with small businesses are now blighted with shuttered stores, boarded-up windows and sidewalks laced with cracks.
The gossip here is no longer about mine closures and mass layoffs. Miners are snagging $1,000 signing bonuses, fully paid health insurance and raises again. (Justice just earned a 50-cent-an-hour bump
https://www.bloomberg.com/news/arti...untry-signing-bonuses-and-pay-raises-are-back
__________
This wasn't supposed to happen.
It ends in cities like Logan, population 1,800, where streets that once bustled with small businesses are now blighted with shuttered stores, boarded-up windows and sidewalks laced with cracks.
The gossip here is no longer about mine closures and mass layoffs. Miners are snagging $1,000 signing bonuses, fully paid health insurance and raises again. (Justice just earned a 50-cent-an-hour bump
https://www.bloomberg.com/news/arti...untry-signing-bonuses-and-pay-raises-are-back
__________
This wasn't supposed to happen.