Exposing The Four Fallacies Behind Bernie’s New-New ‘Green New Deal’

Wednesday, August 28, 2019
By Paul Martin

by Max Gulker
ZeroHedge.com
Wed, 08/28/2019

“Nowhere has our public discourse failed us more egregiously than on the environment and climate change,” I wrote last year while reviewing the first sketches of a proposed Green New Deal. It’s since become a buzzword, but until now it remained only vaguely defined.

Now Senator and Democratic presidential candidate Bernie Sanders has significantly upped the ante. Sanders’ Green New Deal proposal is very specific, earmarking $16 trillion over 10 years to initiatives from “reaching 100 percent renewable energy for electricity and transportation by 2030” to reauthorizing the New Deal-era Civilian Conservation Corps to “coming together in a truly inclusive movement that prioritizes young people, workers, indigenous peoples, communities of color, and other historically marginalized groups.”

The opening to the Sanders campaign’s new page on the Green New Deal encapsulates the candidate’s view of the issue:

The climate crisis is not only the single greatest challenge facing our country; it is also our single greatest opportunity to build a more just and equitable future, but we must act immediately.

Sanders and I wouldn’t disagree that his plan represents a sea change in the way our government, society, and economy interact. The plan is gigantic. I want to fill page after page with factoids about how big it is, but just a few will suffice:

The proposal’s total cost is $16 trillion, over 20 times the cost of the New Deal (in today’s dollars, just under $700 billion).

If the proposal succeeded in creating 20 million jobs, it would raise the percentage of the workforce employed by the government to around a third, double what it is now.

Remember that goal of 100 percent renewables by 2030? We’re only at 15 percent now, meaning almost the entire U.S. energy system would be overhauled.

I rarely post my articles on my personal Facebook page. I’d say most of my friends are somewhere on the left, and I haven’t yet learned how to not get sucked into multi-day social media debates. This one goes out to them, because setting aside all the proxy wars fought about climate change, Bernie Sanders’ proposed Green New Deal is a really, really bad idea.

The Four Fallacies

The Rest…HERE

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