Actually, it's interesting to do the math a different way. Based on Senator Reid's statement earlier today, Congress believes that
> Counterfeiting and piracy cost the American economy billions of dollars and thousands of jobs each year, with the movie industry alone supporting over 2.2 million jobs
Doing that math, for every 1000 jobs lost, the MPAA looses 0.045% of it's workers. So "thousands" could mean as much as what… 5,000 – (2.25%) of their workforce?
This is the reason why we need to reframe this bill to being about rent-seeking.
The money leaving the industry isn't resulting in many lost jobs. It is resulting in lost revenue from rent-seeking activities. How much is highly debatable.
TBH, we need to be addressing the issue of rent-seeking activities in general. My favorite explanation of rent-seeking that highlights the problem with it is that rent-seeking is when someone seeks to take a bigger slice of an existing pie, instead helping make that pie bigger.
> Counterfeiting and piracy cost the American economy billions of dollars and thousands of jobs each year, with the movie industry alone supporting over 2.2 million jobs
Doing that math, for every 1000 jobs lost, the MPAA looses 0.045% of it's workers. So "thousands" could mean as much as what… 5,000 – (2.25%) of their workforce?
How are we wasting Congress's time!?