Featured Politics and Government Socialism

The Radical Green New Deal; Massive Government Intervention, Will Cost Tens of Trillions of Dollars

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Photo Credit: Pixabay

Alexandria Ocasio-Cortez has published her Democratic Green New Deal proposal, and should the proposal gain the approval of the House, Senate, and the President some radical changes will take place within the United States over the next ten years.

Changes such as; rebuilding every building within the United States, banning nuclear energy, building trains and ending all air travel, mandating all new jobs to be unionized, and ending all uses of traditional energy.

While the previously mentioned are the more-so radical changes offered by Cortez these are some of the less, but still drastic changes within the proposal; “providing all people in the United States” with “high-quality healthcare” and “affordable, safe, and adequate housing.” Also, it includes a provision for free college, a job guarantee at a “family-sustaining wage,” and for a vast high-speed rail network.

The ideas mentioned above are proposals that will cost the United States trillions of dollars and radically reshape the world as we know it today. There are two factors of the plan which raise alarm, one, of course, is the cost of such a radical change and the other is government intervention.

Ocasio-Cortez has stated along with her cohorts and cosponsors of the bill that the cost of the “Green New Deal” has yet to be determined. However, estimates of the cost place the price tag on this bad boy at tens of trillions of dollars.

In addition, while Cortez has stated that this is not some type of government takeover, this is and will require an incredible amount of government intervention;

NPR Host: “One reason that people who are politically conservative are skeptical of efforts to combat climate change is that it sounds to them like it requires massive government intervention, which they just don’t like,” Inskeep asked. “Are you prepared to put on that table that, ‘Yes actually they’re right, what this requires is massive government intervention?'”

Ocasio-Cortez responded: “It does, it does, yeah, I have no problem saying that. Why? Because we have tried their approach for 40 years. For 40 years we have tried to let the private sector take care of this. They said, ‘We got this, we can do this, the forces of the market are going to force us to innovate.’ Except for the fact that there’s a little thing in economics called externalities. And what that means is that a corporation can dump pollution in the river and they don’t have to pay, but taxpayers have to pay.”

However, later on, Cortez said that conservatives are attempting to mischaracterize her proposal. In an interview with MSNBC’s Chuck Todd, Ocasio-Cortez she stated; “I think one way that the right does try to mischaracterize, uh, what we’re doing as though it’s, like, some kind of massive government takeover,” Ocasio-Cortez told Todd. “Obviously, it’s not that, because what we’re trying to do is release the investments from the federal government to mobilize those resources across the country.”

To see the proposal in its entirety, please click here.

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