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How many jobs will be created via the pipeline really isn't the whole picture is it? Very few jobs were created in each component of the space program as to providing direct and ongoing services or products for the space program, but the innovations that came from it have created hundreds of thousands of jobs. Ditto in the invention of the automobile or development of how to create plastics from petroleum, etc.
How many people will be needed to operate the pipeline itself is the tip of the iceberg.
The ultimate defining merit comes in how many overall benefit from the pipeline. In addition to the pipeline itself, there are those who receive, process, refine, transport, and market the products made from the oil. There are those who provide products and services to those who refine, transport, and market the products made from the oil. There are those who benefit from lower fuel costs who will be able to use the extra capital to hire another employee or increase benefits to those he/she has or to expand or grow a business that will need several more employees as well as folks to provide products and services for that business.
Those who fail to understand the rudimentary basics of macroeconomics will generally get it wrong re the benefits of something like the Keystone Pipeline.
How many people will be needed to operate the pipeline itself is the tip of the iceberg.
The ultimate defining merit comes in how many overall benefit from the pipeline. In addition to the pipeline itself, there are those who receive, process, refine, transport, and market the products made from the oil. There are those who provide products and services to those who refine, transport, and market the products made from the oil. There are those who benefit from lower fuel costs who will be able to use the extra capital to hire another employee or increase benefits to those he/she has or to expand or grow a business that will need several more employees as well as folks to provide products and services for that business.
Those who fail to understand the rudimentary basics of macroeconomics will generally get it wrong re the benefits of something like the Keystone Pipeline.
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