New EPA Regulations will cost $180 billion, increase unemployment, and raise costs

This is just an example of Obama's policies creating chaos in the economy. The jobs will eventually come back even if at a lower pay rate, but in the interim these new costs will eliminate jobs in some parts of the economy. From US News & World Report:

Two new EPA pollution regulations will slam the coal industry so hard that hundreds of thousands of jobs will be lost, and electric rates will skyrocket 11 percent to over 23 percent, according to a new study based on government data.

Overall, the rules aimed at making the air cleaner could cost the coal-fired power plant industry $180 billion, warns a trade group. . . .

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