Alexandria Ocasio-Cortez wants to pay for her Green New Deal by essentially printing more money
Posted on 02/07/2019 9:07:42 AM PST by rxsid
"Green New Deal: "Air Travel Stops Becoming Necessary"
Michael Palicz on Thursday, February 7th, 2019, 11:27 AM
This morning, Rep. Alexandria Ocasio-Cortez released an overview of her “Green New Deal” which threatens "a massive transformation of our society."
Below are the details of the proposal.
Rebuild every single building in the U.S.
“Upgrade or replace every building in US for state-of-the-art energy efficiency.”
Will end all traditional forms of energy in the next ten years.
The Green New Deal is “a 10-year plan to mobilize every aspect of American society at a scale not seen since World War 2 to achieve net-zero greenhouse gas emissions.”
Plans to ban nuclear energy within 10 years if possible.
“It’s unclear if we will be able to decommission every nuclear plant within 10 years, but the plan is to transition off of nuclear and all fossil fuels as soon as possible.”
Build trains across oceans and end all air travel!
“Build out highspeed rail at a scale where air travel stops becoming necessary”.
Don’t invest in new technology of Carbon Capture and Storage, just plant trees instead!
“We believe the right way to capture carbon is to plant trees and restore our natural ecosystems. CCUS technology to date has not proven effective.”
Mandates all new jobs be unionized.
“Ensure that all GND jobs are union jobs that pay prevailing wages and hire local.”
May include a carbon tax.
“We’re not ruling a carbon tax out, but a carbon tax would be a tiny part of a Green New Deal”
May include cap and trade.
“…Cap and trade may be a tiny part of the larger Green New Deal plan”
How much will it cost?
No estimate of the total cost of implementing the Green New deal is offered by Ocasio-Cortez. However, as Ocasio-Cortez admits, “even if every billionaire and company came together and were willing to pour all the resources at their disposal into this investment, the aggregate value of the investments they could make would not be sufficient.” She does provide one estimate that the cost to “repair and upgrade infrastructure U.S. infrastructure” alone will cost “$4.6 trillion at minimum”. How will it be paid for? Don’t worry about that.
Ocasio-Cortez doesn’t provide any insight into how the trillions of dollars in spending will be paid for other than claiming, “The Federal Reserve can extend credit to power these projects and investments and new public banks can be created to extend credit”. Bus as Ocasio-Cortez says, “the question isn’t how will we pay for it, but what will we do with our new shared prosperity”.
Green New Deal: "Air Travel Stops Becoming Necessary" & More!
Boeing lobbyists need to line her pockets.
Satire?
Oh my gosh. Does she even have a clue?
One could easily remake the old tune “She’s Got Bette Davis Eyes” (which was already redone by Weird Al Yankovic) to describe AOC...
“She’s Got Charlie Manson Eyes”
“Rebuild every single building in the U.S.
“Upgrade or replace every building in US for state-of-the-art energy efficiency.”
I can see Judge Dred in our future.
She may be whack, but there are followers who are even more whack, and ignorant, nay, stupid, who will follow her.
She actually sounds like a female Fidel Castro.
If it is satire Drudge fell for it as it is his lede.
Yeah but if you put a bag over those bug eyes. ....hehee
Uh, dear sandy o’casio. Twelve years is just a little shy of being able to put your plans in place. Sayanora.
Alexandria Ocasio-Cortez wants to pay for her Green New Deal by essentially printing more money
Beyond insane.
There was a time when people like this were put in straight jackets and housed in padded rooms.
I attempted a logical reply and gave up. It’s impossible to be logical with people who are delusional psychopaths.
as Ocasio-Cortez says, “the question isn’t how will we pay for it, but what will we do with our new shared prosperity”.
“Shared prosperity”, is that the new term for equally poor?
We can transform our Society without spending all this money.
Rope is pretty cheap and there are plenty of Lampposts and Trees to choose from.
I guess they think ‘high speed rail’ runs on unicorn farts...............
Has to be. This is far beyond insanity...
Wouldn’t it be simpler to just say that they would like to reduce the human population by 90% to save the planet?
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