We’re getting more and more details on the so-called Green New Deal, and it keeps being exactly what we thought it would be, a government initiative to make the government bigger, all while the people who subscribe to it fail to make substantive changes in their own lives
‘Green New Deal’ details emerge, as Ocasio-Cortez preps big reveal of WW2-level mobilization
New York Democratic Rep. Alexandria Ocasio-Cortez on Monday unveiled new details on the so-called “Green New Deal” she plans to introduce in a matter of days, as she worked behind-the-scenes to rally congressional support for the proposal that could cost as much as $7 trillion.
Ocasio-Cortez, who is set to unveil the plan with Massachusetts Democratic Sen. Ed Markey, told her fellow representatives in a letter that the Green New Deal calls for a “national, social, industrial and economic mobilization at a scale not seen since World War II.”
“Next week, we plan to release a resolution that outlines the scope and scale of the Green New Deal,†Ocasio-Cortez said in the letter, adding that the country’s near-total economic transformation should take approximately ten years. (snip)
The Green New Deal proposal would lead to national net-zero greenhouse gas emissions, according to Ocasio-Cortez’s letter, “through a fair and just transition for all communities and workers,†while also generating millions of “good, high-wage jobs.” Details of the letter were first published by Bloomberg.
Through it all, the Green New Deal would additionally “promote justice and equity by preventing current and repairing historic oppression to frontline and vulnerable communities,” according to Ocasio-Cortez.
Sounds less like an “environmental” plan and more like something released by Lenin, Mao, or Stalin.
While there is no legislative text yet available for the Markey/Ocasio-Cortez proposal, a draft circulated by Ocasio-Cortez last week called for a committee to be formed to create a plan, and lays out a framework that includes eliminating greenhouse gas emissions from manufacturing and agriculture, while “dramatically†expanding energy sources to meet 100 percent of power demand through renewable sources.
Which either means massive federal government control over the private sector, control of the food you can eat, control over what can be manufactured, or massive price increases from forcing the private sector to be “carbon neutral” and use unreliable, expensive “renewables.”
To cover what would presumably be a gargantuan cost, it envisions financing by “the federal government, using a combination of the Federal Reserve, a new public bank or system of regional and specialized public banks, public venture funds and such other vehicles or structures that the select committee deems appropriate, in order to ensure that interest and other investment returns generated from public investments made in connection with the plan will be returned to the treasury, reduce taxpayer burden and allow for more investment.â€
That’s a nice, generic way to say that the Government would now be fully in the banking business using your money. Strange how the solutions to ‘climate change’ involve the massive expansion of government, eh?
Not that this has a chance in hell of passing. If it even makes it out of the House (not necessarily a sure thing, as it looks to go too far too fast for the slightly less nutty Nancy Pelosi type Democrats), it will only make it out of committee in the GOP controlled Senate if Mitch McConnell wants a show vote on it.
This was a projected result of the Trump tax cuts which limited the amount of state taxes the rich could deduct. Cuomo is blaming Trump for his state deficit because millionaires are fleeing the tax heavy state.
Yet the left is adamantly rooting for 70 percent taxes on the rich. If Blue states think they have deficit problems now just wait until the Left takes over all 3 branches which will happen sooner rather than later and watch the millionaires flee not only the states but the country.
With Medicare for all, Free Education and The green new deal the cost of this will put taxes out of sight for everyone. It does not matter to communists/socialists. They believe all of this is a human right and low taxes deprive people of free everything.
Europe has been flirting with this since the early 70’s with disasterous results. The result was the formation of the EU which promised relief but in reality it only made things worse. Now we are watching the demise of the EU. Scholars all across Europe are predicting the demise of the EU as nation after nation embark upon a new strategy of Lexit or Less funding sent to the EU and less acceptance of EU mandated policies including now 21 nations refusing to sign the UN’s migration pact.
The yellow vest movement is a direct result of AGW impinging upon the Rural areas and I doubt any of you know why its called the yellow vest movement. In France it is mandated that motorist purchase and carry a yellow vest inside their automobile at all times. No one is sure why. Someones brother most likely runs the company that makes yellow vests.
In conclusion. The EU is falling apart because of a tax burden placed on them that is bone crushing for nations where their health care is cheap but everything else is not. While they pay less income tax their is a Value Added Tax or VAT all across Europe that is crushing and when Macron imposed his AGW tax it was the straw that broke the French’s back.
I have noticed a poster here is adamant that AGW is a sham. I am not sure. I do not follow the science behind it close enough to make a judgement but the tax burdens that the proponents of AGW want to impose is certainly no sham and is for most people and most nations a back breaker. New York is experiencing a dose of reality with Trumps tax cuts not helping the rich and it will only go into crisis mode if they raise taxes even 10 percent let along 30 percent.