Thursday, January 19, 2012

Let me get this straight

The Keystone Pipeline advocates say that the project will immediately start creating about 22,000 jobs:
"You've heard President Obama say that the American people can't wait to take action on jobs," Boehner said. "Well, the Keystone energy project is the very definition of an idea that the American people can't wait for Washington to take action on."
Senate GOP Leader Mitch McConnell of Kentucky, on Fox News Sunday, also talked up the job impact of the "shovel-ready project."
"Three years of environmental studies have already been done; the secretary of state was ready to sign off on it. The president called it to the White House and delayed it for a year," he said. "This would create 22,000 jobs almost immediately, ready to go, with no money."
However, the Obama administration rejected the 1700 mile pipeline construction project in part on the grounds that the job creation was overstated.  But the Obama administration gave One Billion of your dollars to San Francisco to extend a subway line about 1.7 miles and claimed it would create 37 to 43,000 jobs:
The project will serve as an engine for economic growth and recovery in San Francisco, creating thousands of job opportunities. Recent estimates indicate that the Central Subway will support between 37,000 and 43,000 jobs over the life of the project.
So a 1700 mile entirely privately funded pipeline project (apart from obvious and extraordinary energy and security benefits) will not create 22,000 jobs, but a publicly funded pork barrel in Pelosi's district will create up to 43,000 jobs.  OK.  Must be the same math that they used to show how we can tax our way out of a recession.  Of course.

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