Green New Deal Cost Update

February 26, 2019

The American Action Forum (a think tank led by Republican Douglas Holtz-Eakin, who used to lead the nonpartisan Congressional Budget Office) has a new, more complete estimate of the cost of implementing the Democrats’ “Green New Deal.”  The good news: the initial estimate of more than $30 trillion over ten years was wrong.  The bad news: the actual cost would range between $51 and $93 trillion.

Backers of the plan responded that not implementing it will cost more.  How is that even possible?  The entire US gross domestic product is only around $20 trillion a year.  That’s everything produced in the USA. You could take an Uber to the sun and back 250 billion times for $93 trillion, which is a more plausible plan than the Green New Deal. 

Sponsoring Sen. Ed Markey claims the AAF estimate is based on “lazy assumptions.”  Lazier than thinking you can get cows to stop passing gas or rebuild every structure in America or replace all planes with trains in 10 years?  Someone needs to spend more time in a “think tank,” and it’s not the people from AAF.


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https://www.bloomberg.com/news/articles/2019-02-25/group-sees-ocasio-cortez-s-green-new-deal-costing-93-trillion

Speaking of lazy assumptions, Rep. Alexandria Ocasio-Cortez’s latest pearl of wisdom is that, with the environmental apocalypse just 12 years away (as she’s convinced a lot of terrified children is true; see Dianne Feinstein’s frustrating experience), people should consider not having children. 

https://www.dailywire.com/news/43880/ocasio-cortez-people-maybe-shouldnt-reproduce-due-ryan-saavedra

In response, Ed Driscoll at Instapundit makes the following observation:

“AOC was born in 1989, the same year that AP reported that ‘A senior U.N. environmental official says entire nations could be wiped off the face of the Earth by rising sea levels if the global warming trend is not reversed by the year 2000,’ and the New York Times published a column by Al Gore headlined, ‘An Ecological Kristallnacht. Listen.’ Presumably, she’s glad that her parents ignored such apocalyptic scaremongering.”

https://pjmedia.com/instapundit/322746

 

Maybe we could strike a compromise: anyone who thinks it’s a good idea to make major life decisions based on the wisdom of “Democratic” socialists is free to consider not reproducing.  The rest of us will decline to commit generational suicide based on the chances that UN computer climate models are correct and go on enjoying our children and grandchildren, who will live in a world without the added government oppression and tens of trillions of dollars in debt that will not exist if socialists stop reproducing.

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Comments 1-1 of 1

  • Elizabeth Honaker

    02/27/2019 05:24 PM

    Gosh!, AOC's "measured intelligence" takes me all the way back to the 60's, when the same Democratic twerps were saying NOT to have children, "because the entire U.S. was going to be wiped off the map from nuclear bombs." Didn't lose much sleep over THAT one -- thank God -- because my boyfriend (now my husband of 48 years) and I LOVED children, and wanted some of our own (after we got married, of course). And now we have grandchildren in our lives -- all because we chose NOT to listen to Democrats!