Thread by @Coyoteblog

The "jobs saved or created" stats in the media are totally abused. When they like an industry, the number has everyone who even tangentially touches it, with multipliers added (eg sports teams). When they don't like it, they use the narrowest possible definition

https://twitter.com/mattyglesias/status/1319652251485560832

My guess is if these same folks talk about "green energy", suddenly wind and solar will employ millions based on a far more expansive definition. The sugar industry is a master of this defending their tariffs. Personally I ignore any jobs saved or lost number I see in the media

I wrote this in response to Matt Ygglesias, but this is a bipartisan game. I can't even remember the name of that pipeline that was being blocked, but defenders said it would create some absurd number of jobs.

Besides, an economist would observe that jobs are a cost, and that what matters is value creation. The oil and gas industry creates a lot of value for all of us. The issue is that there may also be costs (emissions) that are not fully born by the industry or their consumers

I personally think that the Left exaggerates these costs, but I am more worried that the Left will almost certainly try to tackle these costs in the most crony-ridden, economically inefficient, & boneheaded ways. My alternate plan:
coyoteblog.com/coyote_blog/20…