The Benefit, Not The CostI notice that this article never actually floats a number for how much this would cost. Money is no object!
Sure, it’ll cost a lot of money. That’s likely to rattle the nerves of self-proclaimed deficit hawks, Democrats and Republicans alike, who will ask the same tired questions: “How will we pay for it?” “What about the deficit and debt?” “Won’t it hurt our economy?” ...
Politicians need to reject the urge to ask “How are we going to pay for it?” and avoid the trap when it’s asked of them. A better question is: What’s the best use of public money? Giving it away to the top 1 percent who don’t spend it, widening already dangerous wealth and income gaps? Or investing it in a 21st century, low-carbon economy by rebuilding America’s infrastructure, bolstering resilience, and promoting good-paying jobs across rural and urban communities?
But just in case you were curious what the HuffPo economist thinks "we" can afford:
Study: Green New Deal Would Cost Up to $94 Trillion
I've had lots of people try and sell me things based on how great it would be to have it, not mentioning the cost until they got deeply in.
ReplyDeleteWe talk humorously about "Ponies for everyone!" This is ten ponies per year for every American for 50 years.
Ooh, my bad. Fifty ponies per year for ten years.
ReplyDeleteNo doubt one of the sub-bullet-points includes a guarantee of 50 more years for every American, no matter what their age. As long as they're talking magic...
ReplyDeleteRough math, $94 trillion comes out to about $261,111 per person in the US. "Don't worry about how to pay for it"? Go fornicate with yourself, howbowda?
ReplyDelete"What’s the best use of public money? Giving it away to the top 1 percent who don’t spend it, widening already dangerous wealth and income gaps?" Wait a mo, when did it become "public money"? We're "giving" it to the top 1 percent, are we? And they're burying it in the backyard or something, which is how they got so rich.
ReplyDeleteIt's as if these people never get past the stage of thinking that all the candy is in Mommy's purse, and the only trick is how to grab it without her noticing.