Yesterday Breitbart reported that U.S. Steel Corp. announced days ago that they are canceling a $1.5 billion project in western Pennsylvania. The project would have brought 1,000 union construction jobs to the region plus the jobs in the supporting industries.
The article notes:
“The lack of support, and frankly open hostility from some elected officials means the loss of four-million construction man-hours, approximately 1,000 full time union construction jobs and threatens in the longer term 3,000 steel workers,” Melcher (Tom Melcher, with the Pittsburgh Regional Building Trades Council) said. “It’s absolutely unacceptable that any politician or business or community leader who claims to be supportive of union jobs and a strong middle class can allow this project to be lost.”
Lt. Gov. John Fetterman (D), a populist who supported the project, wrote in a statement that he “will never understand why I was one of the only elected officials who pushed for this major project proactively and enthusiastically, while so many others turned their back on the working men and women of the Steelworkers and Building Trades in Allegheny County.”
As the unemployment numbers rise in America, we need to remember that government over-regulation is part of the problem. Unfortunately, the Biden administration and many of our blue-state governors like to be in control. We can expect to see more projects cancelled in the future due to over-regulation and changes in the tax policy.