these guys almost make a case for jobs - we need 30 people at pump stations - then the fail to mention where the heck those pumps might be lcoated. Then mention mnaufactturing jobs but fail to mention tha it takes a fact ____ number of days for all ____ men in the factory and all the supprot staff to pump on 2000 miles of rolled steel and then it take ___ nubmer of trucks and trucker to take the steel pipe to lcoations...they get half way to what the busy public needs and then they shut up. They all must be members of the republcan (stupid party). THEY CAN’T SELL AN IDEA the public supprots.
Marx says the value of an item is determined by the labor required for production. Lets also include profit.
Some very round numbers:
Projected cost of XL pipeline 13 billion dollars.
Profit ~20% (Dreamland for today’s contractors)
Total Cost of typical job $100k
3 Billion profit This amount did not die here but did not create or save many jobs in this step,
10 Billion equals One Hundred Thousand jobs.
As the money echoes through the economy start with the $13B subtract 30% for tax and 20% profit. (HALF).
The profit would not disappear at each step, but there is quite a bit of lost motion.
100k primary jobs, 100k+ secondary.