..."there's no possibility to restore 8 million jobs lost in the Great Recession."
Not while your guy Obama is screwing up the works, Joe.
ObamaGreeNomics will cost Bucyrus around $650 million in lost sales and 1,000 jobs or so. Russ Feingold posed with Joe Biden at a fundraiser. That picture will be VERY useful to the Republican nominee.
Up to 1,000 jobs at Bucyrus International Inc. could be in jeopardy as the result of a decision by the U.S. Export-Import Bank, funded by Congress, to deny $250 million in loan guarantees to a coal-fired power plant and mine in India
"President Obama has made clear his administration's commitment to transition away from high-carbon investments and toward a cleaner-energy future," Export-Import Bank Chairman Fred Hochberg said in a statement.
"After careful deliberation, the Export-Import Bank board voted not to proceed with this project because of the projected adverse environmental impact," Hochberg added.Too bad. Bucyrus is (at this time) a happy spot in the SE Wisconsin economy.