1.2 million jobs? Try again, buddy.Photo: Gage SkidmoreCross-posted from Council on Foreign Relations. The centerpiece of Rick Perry's economic plan, released this morning, is a pledge to create 1.2 million energy jobs. Mitt Romney has already promised to create nearly 1.5 million energy jobs. Why do we keep hearing numbers in this ballpark? And are they plausible? A quick preview since this is a long post: I see about 620,000 jobs max, of which about 180,000 are actually in the energy sector. The real world numbers are almost certainly quite a bit lower. Now back to the analysis. The figures …
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