'Green New Deal' Would Cost Up to $90 Trillion In Tax Dollars
Peeps who aren't residents of Crazytown have been steadily warning about the impracticalities of Alexandria Ocasio-Cortez's "Green New Deal." Yet, many folks still remain unconvinced. Well, this study details just how much it would cost to implement the plan.
If it passes, you can say goodbye to your savings:
The Green New Deal—a brainchild of progressive Democrats, particularly Rep. Alexandria Ocasio-Cortez (D–N.Y.)—has been controversial since it was released earlier this month. Several Democratic presidential candidates endorsed it, while others have noted that it's not realistic and would be fiscally impossible.
How much would it cost? At least $50 trillion and possibly in excess of $90 trillion, according to a report released today by the American Action Forum (AAF).
Yeah, if you divide the cost evenly among every household in the U-S-of-A, that comes out to about 700,000 bucks per household.
Unless every person in the U-S-of-A has three quarters of a million ducats under their mattresses, methinks we'd be paying that bill for a long time. I'll just come right out and say it. The "Green New Deal" is wildly impractical and has zero chance of succeeding. There's better odds of you spotting Bigfoot doing a dressage routine atop a pegasus. While sipping Fountain of Youth water from the Holy Grail.
Yet, when you try to tell Alex she's nuttier than the Jif factory, she responds by shouting "I'm the boss of you" and telling us factual accuracy is lame. Thus further proving she's fit for a straight jacket.
Herein lies the problem with the progressive movement. Lefties like Cortez want to combat climate change, but they're unwilling to consider the costs of their actions. Plans like this come with a hefty price in the way of currency, and even personal freedoms.
So, if you're the type who digs mandatory soy burgers and forking over 100% of your income to Comrade Alex, this bogus plan is certainly the way to make those things a reality.
Speaking of her: