Study: Green New Deal Would Cost Up to $94 Trillion – IOTW Report

Study: Green New Deal Would Cost Up to $94 Trillion

 

WFB:

Sen. Barrasso: ‘Green New Deal would bankrupt the nation’

The “Green New Deal” would cost up to $94.4 trillion, or over $600,000 per household in the United States, according to a new study.

The American Action Forum study offers a conservative estimate of the costs of providing every resident in the country a federal job with benefits, “adequate” housing, “healthy food,” and health care.

Though Democratic socialist Rep. Alexandria Ocasio-Cortez’s (D., N.Y.) plan is vague on specifics, it calls for the “economic transformation” of the United States, a complete overhaul of transportation systems, and retrofitting every single building. A supplemental document explaining the plan, since deleted from her website after it was widely mocked on social media, called for economic security for everyone, even those “unwilling to work,” the elimination of air travel, and “farting cows.”

However, the American Action Forum was able to calculate estimates for several items the plan does propose, including guaranteed green housing, universal health care, and food security. Estimates of specific goals identified in the Green New Deal would cost each household in America between $36,100 and $65,300 every year.  MORE

23 Comments on Study: Green New Deal Would Cost Up to $94 Trillion

  1. Reminds me of cocky, know-it-all new hires who would show up to work barking about how much of a badass they are the first week… Then a few weeks later they’d be gone.

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  2. So?
    We bankrupt the nation chasing ephemera?
    We all end up dead, anyway … is their argument … in 12 years!
    You wanna be the richest guy in the boneyard?

    “Just fork over the cash, I’ll do the rest.”
    (simplified for the simple-minded)

    izlamo delenda est …

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  3. Whenever I think of AOC, the picture of some out of control cocaine fueled party girl on an unrestrained rampage comes to mind instead of a serious and thoughtful political thinker that is actually aware of the problems we face.

    But I suppose she represents the ideals of the voters in her district who elected her.

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  4. “I’m the boss.”

    That is the actual political position of every statist. Their political position is not policies.

    Politically the statist stands four-square on the idea that they tell everyone else what’s what and everyone else better do what they say or else.

    That is the whole of their actual politics.

    That is the entire Leftist political position.

    It is the exact opposite of actual government and this why it destroys government and civilization.

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  5. I’d say that between the election of Obama and this simple minded valley girl there can be little doubt about the stupidity of the american voter. “Hey, they’re going to take care of us!”

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  6. The late Congressman Jim Traficante is looking down at the capitol building and still asking, is there any intelligent life down there”? Funny man Traficante was a clown but he told it like it was.

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  7. Of course, they’re going to get it by taxing the rich (and everyone else, make no mistake about that) until we’re all equally miserable.
    It’s what commies do.
    Of course, the more exclusive pigs get a waiver…

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