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Imposing excessive new regulations, or closing coal-fired power plants, would produce few health or environmental benefits. But it would exact huge costs on society – and bring factories, offices and economies to a screeching halt in states that are 80-98% dependent on coal: Indiana, Kentucky, Missouri, North Dakota, Ohio, Utah, West Virginia and Wyoming.
One always has to know when a stage comes to an end. If we insist on staying longer than the necessary time, we lose the happiness and the meaning of the other stages we have to go through. Closing cycles, shutting doors, ending chapters – whatever name we give it, what matters is to leave in the past the moments of life that have finished.
In working on any one problem, such as higher minimum wages, so many other issues come into play, such as some businesses possibly closing down, thus creating fewer jobs and more unemployment and incentivizing companies to import more goods from abroad, which leads to even less employment at home, and so on.
I suppose whenever you go through periods of transition, or in a way, it’s a very definite closing of a certain chapter of your life. I suppose those times are always going to be both very upsetting and also very exciting by the very nature because things are changing and you don’t know what’s going to happen.