Posted on 12/20/2019 10:23:20 AM PST by Oldeconomybuyer
Democratic presidential candidate Elizabeth Warren’s suite of Green New Deal policies would create up to 10.6 million jobs over the next decade, according to an independent analysis the campaign promoted on Friday morning.
The study, by the left-leaning think tank Data for Progress, calculated that the Massachusetts senator’s plan to spend $3 trillion on clean energy and transitioning the military and other federal programs away from fossil fuels would create at least 5.4 million jobs over the next decade. But that number could top 10.6 million when counting the way her proposals could ramp up domestic manufacturing of batteries and renewable-energy hardware that could be exported.
“The focus on manufacturing and the way her office situates manufacturing and renewables surprised me in that it could become a huge locus for jobs,” said Data for Progress senior fellow Kira McDonald.
The research draws on the work of economists Ha-Joon Chang of Cambridge University and the late Alice Amsden of the Massachusetts Institute of Technology, whose work show that an active industrial policy like the Green New Deal “has as a rule been associated with economic success stories and development ‘miracles’ historically.” Using prior analysis from the Economic Policy Institute, the study projects how new federal goals would increase demand in specific sectors.
(Excerpt) Read more at huffpost.com ...
Let me guess, these are the same sort of researchers that fudged the temperature numbers.
Yeah, right. Central planning creates wealth.
ha ha ha
Goebbel’s Big Lie just became the HUGH lie!
what a joke these commies are!
BB Guns and Rocks create Millions of Jobs for Glass Company Employees.
10.6 Million Jobs?
Yeah. I could see that. And 10.6 million buckets too.
For those 10.6 million people to use in bailing out underwater cities like Miami that are soon to be flooded by rising sea levels.
Or some such nonsense.
Didn’t bammy promise a whole bunch of shovel ready jobs at one time??
The 1930s called, they want their economists back.
Full employment! I’ll vote for ya!
Is that net new jobs? Did they subtract out job losses in the oil.and gas industries if we force them to curtail their operations?
In what countries? Certainly not the U.S.
No, it would not create any jobs. It would destroy the creation of wealth, however, as the huff post knows.
Because the guys in the shale oil field are going to turn in their hard hats and heavy gloves for a white lab coat at a silicon plant.
Not every job is transferable.
WaPo and ThinkProgress say it will be 10.5 million jobs. Oh yeah, and I totally believe them. Not.
And how many millions of jobs will be lost to gnd policies???
That 10.6 million new jobs will be nothing compared to 100 million lost.
> Elizabeth Warren’s suite of Green New Deal policies would create up to 10.6 million jobs <
And 10.5 million of the jobs will be new IRS tax collectors. After all, somebody’s gotta pay for all this.
And each one of those jobs is going to cost 100M.
“Math is hard”
Jobs for Bureaucrats are being counted ,right?
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