As I covered in a previous entry, coal plants are being retired quickly and before the time they should normally have. The Demise of Coal
This early retirement system is of course an application of the broken window fallacy where we instead of using the coal plants for as long as possible until they are indeed “broken” we keep breaking them ourselves by forcing the cost of coal plants to ““necessarily skyrocket” and to artificially game the markets in other words to excel those sources of power which the president likes. This form of cronyism is going to have a huge impact on American’s especially those who are poor or in the middle class. In other words, everyone is going to pay for the policies enacted by our current president.