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 ...
Hey Elizabeth, maybe you didn’t know this. There are not that many unemployed people left. No one wants to make your windmills or solar panels.
So gaining 10m jobs while losing 100m is a good deal?
Do they realize how toxic batteries are?
A version from way back said a coke spoon
A far left study reported by an extremely left blog. Okay.
“....by the left-leaning think tank Data for Progress....”
All I needed to know as to whether the “study” was/is legit or utter BS. It’s utter BS! kkthx.
A whooping $283,000 per person....great investment there..../s
Probably true. Of course, it will destroy 120 million others.
Not clicking through to give them any traffic, but are these net-new jobs? Or are they offset by the jobs destroyed by the pursuit of folly. If net-new, is our net energy production increased? Or are we having to have 10.6 million new jobs to have the same levels of energy output and consumption we have already? In other words, does this really represent only a massive increase in costs for energy consumed?
By outlawing front end loaders, many shovel ready jobs will result
Creating jobs is easy. Anyone can do it. The problem comes in when the workers need to get paid. The money to pay for them comes from generating those evil PROFITS. Without profits, the jobs only last a few days. The workers tend to get a bit sour when their paychecks bounce.
Is that number supposed to be net? Or +10.6, and -35?
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