Democrats, led by Rep. Alexandria
Ocasio-Cortez, have presented
the Green New Deal
that is a combination of climate and social justice legislation. We
are being told this new legislation (H.Res.109 -
Recognizing the duty of the Federal Government to create a Green New
Deal), which gives no
specifics, is necessary if we are to save the world from global
warming. Democrats are telling us that if we don't take drastic
measures, the world as we know it will come to an end in 12 years.
No
matter your stand on climate change, you have to see this as a fear
tactic. I've written about Climate
Hypocrisy, but his is more about the social justice aspect and
how this plan is economically impossible. I've seen estimates that
the Green New Deal
could cost anywhere between $84-$100 trillion dollars. There is only
an estimated $77 trillion in the entire world. This means, if you
confiscated all the money in the world, you would come up short. You
might ask what their alternative payment method might be—printing
money has been proposed. Any economist will tell you that printing
this much money would destroy the US economy,