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“Lunchbox Joe from Scranton” Watches Steel Jobs Leave Pennsylvania and Does Nothing

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President Joe Biden talks on the phone with British Prime Minister Boris Johnson Friday, March 26, 2021, in the Oval Office of the White House. (Official White House Photo by Adam Schultz)

Joe Biden loves to tout his roots in Scranton, PA, and his connections to blue-collar workers, but he’s watching idly as US Steel is pulling back on its Pennsylvania expansion. Biden’s allies in local government have frustrated US Steel so badly that the company is taking a massive expansion project it had planned for its Mon Valley plants and going elsewhere. Salena Zito reports in Townhall:

BRADDOCK, Pennsylvania — Exactly two years ago, U.S. Steel Corporation announced that the company would turn its Mon Valley Works operations into a key source of lightweight steel for the automotive industry.

At the time, local leaders and company officials called the investment “transformational.”

It involved a whopping $1.5 billion upgrade to the three Mon Valley Works plants, all in Pennsylvania — the Edgar Thomson Plant in Braddock, the Irvin Plant in West Mifflin and the Clairton Coke Works in Clairton — with technology and improvements that would have resulted in cleaner air for all three communities as well as good-paying jobs providing regional prosperity for decades.

On April 30, U.S. Steel said that after months of tug of war with the Allegheny County Health Department, it was canceling the $1.5 billion upgrade and idling three batteries at Clairton Coke Works by 2023.

U.S. Steel said in a statement that a dragged-out delay from Allegheny County officials for permitting the project contributed to the decision, along with the new direction that the company is taking to focus on sustainability.

Action Line: If you don’t already live in an area that is friendly to business, it’s time to look for a better America.

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E.J. Smith - Your Survival Guy

E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West (RIP JB) and Paris. Please get in touch with E.J. at ejsmith@yoursurvivalguy.com To sign up for my free monthly Survive & Thrive letter, click here.

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