A 21st-century
take on Karl Marx and Friedrich Engels’ Communist Manifesto was
introduced in the form of a nonbinding resolution introduced by Rep. Alexandria
Ocasio-Cortez (D-N.Y.) and Sen. Ed Markey (D-Mass.). The resolution effectively
does nothing other than express the sense that Congress should pass a so-called
“Green New Deal” whose wholly unattainable goals would almost certainly wreak
havoc on the economy and drive the United States further into debt.
The term “insane”
understates how bad the ideas presented in this resolution really are. Both the
Green New Deal resolution and the FAQ document released with it read like
something concocted in a drunken haze in a college dorm room. Although it’s
certainly imaginative, it’s not remotely close to serious public policy.
Perhaps that explains why Rep. Ocasio-Cortez removed the documents from her
congressional website.
Although the
resolution isn’t a serious public policy proposal, conservatives and
libertarians do need to take it seriously. Why? Because this is how far
to the left the Democratic Party has drifted. Although some wave the banner of
“democratic socialism,” others who share socialist ideals avoid the label that
Rep. Ocasio-Cortez claims by identifying as “progressives” who support green
policies. When one peels back the initial layer of green, the same tired and failed
ideas of socialism are there.
The resolution
begins with basic findings. Rep. Ocasio-Cortez and Sen. Markey take the most
recent report from the United Nations’ International Panel on Climate Change
(IPCC) as though it was handed down from God to Moses on Mount Sinai on stone
tablets. Although humans do contribute to climate change, many of the IPCC’s
previous claims have been proven wrong. Remember, it was just 2007 when the
IPCC warned that the world had only eight years to avoid the worst effects of climate
change. The most recent report, released in October 2018, claims that we have
12 years to avoid the worst of climate change. When proven inaccurate, just
move the goalposts.
Rep. Ocasio-Cortez
and Sen. Markey complain that the United States is “responsible for a
disproportionate amount of greenhouse gas emissions, having emitted 20 percent
of global greenhouse gas emissions through 2014.” Well, during periods of
increased prosperity, emissions have been higher. Emissions have declined
during periods of slow growth and recessions. As recently as 2017, the United
States saw a decline in greenhouse gas emissions.
Eventually, Rep.
Ocasio-Cortez and Sen. Markey offer a long list of things Congress should do in
a so-called “Green New Deal.” The resolution is chock full of policy
recommendations that radical environmentalists have long demanded. Rep.
Ocasio-Cortez and Sen. Markey want the United States to “achieve net-zero
greenhouse gas emissions” by eliminating fossil fuels. The Green New Deal FAQs
document also states that the United States should also eliminate nuclear
energy, although the resolution itself doesn’t include such language.
The goal of this
aspect of the Green New Deal is to transition the economy to renewable energy.
If that sounds too good to be true, that’s because it is. Under the Paris
Agreement, from which the United States withdrew, Americans were expected to
see $2.5 trillion in lost gross domestic product (GDP), the loss of some
400,000 jobs, and an increase in energy costs between 13 and 20 percent. On top
of that, the U.S. has led the world in carbon emissions reduction since
withdrawing from the agreement. The difference between the Paris Agreement and
the Green New Deal is that the Paris Agreement, by comparison, wouldn’t have been
nearly as economically destructive.
Americans have a
love affair with their vehicles. But under the Green New Deal, that car you’re
so proud of would be banned. Since the economy will transition away from fossil
fuels, your gas-powered vehicle must be given up for an electric vehicle.
Forget about the trade-in value; it’s not like the dealership can resell your
old car.
Rep. Ocasio-Cortez
and Sen. Markey would have Congress invest heavily in high-speed rail. Again,
that may sound great, but high-speed rail has proven to be nothing short of a
boondoggle in the United States. Take California’s high-speed rail system. This
project is years behind schedule and far more expensive than originally
projecting, now estimated to cost $100 billion. Although the Green New Deal
promises to ensure that the power of eminent domain doesn't abuse, Rep.
Ocasio-Cortez and Sen. Markey fail to explain how they expect to protect
private property while also building costly high-speed rail lines across the
country, which would require land acquisition through eminent domain on a
massive scale.
International
travel would, presumably, become impossible. Those occasional steak dinners you
enjoy might be a thing of the past, too. Although the resolution doesn’t
explicitly say this, the Green New Deal FAQs document, no joke, states that the
sponsors of the resolution “aren’t sure that we’ll be able to fully get rid of
farting cows and airplanes that fast.” Cows, by the way, emit methane primarily
through belching, not flatulence. Livestock represents nearly 3 percent of
greenhouse gas emissions in the United States, according to the Environmental
Protection Agency.
Another wild idea
from the resolution is the goal of “upgrading all existing buildings in the
United States and building new buildings.” The FAQs for the resolution are more
straightforward. That document states that the goal is to “[u]pgrade or replace
every building in U.S. for state-of-the-art energy efficiency.” There are, uh,
a lot of buildings in the United States. The resolution doesn’t specify which
buildings would need to be upgraded or rebuilt. According to the U.S. Energy
Information Administration, “there were 5.6 million commercial buildings in the
United States in 2012, comprising 87 billion square feet of floorspace.” The
cost of this would be immense.
The Green New Deal
resolution also includes other leftist policy priorities, such as guarantees of
“high-quality health care,” “safe, affordable, and adequate housing,” and
“economic security.” The resolution doesn’t explicitly state this, but the FAQs
document states that the federal government will provide “economic
security” to those who are “unwilling to work.” This is socialism. If
you’re completely able-bodied, but you’re too lazy to work, the producers in
the economy -- well, the few who are left under the Green New Deal -- will pick
up your tab. That’s not okay.
Finally, there’s
the cost of this incoherent, ridiculous monstrosity. The Green New Deal
resolution calls for heavy “investments” by the government, claiming that
“World War II and the New Deal created the greatest middle class that the
United States has ever seen.” Well, Rep. Ocasio-Cortez and Sen. Markey are very
wrong about the New Deal. President Franklin D. Roosevelt’s Treasury secretary,
Henry Morgenthau, Jr., told the House Ways and Means Committee in May 1939, “We
have tried spending money. We are spending more than we have ever spent before
and it does not work.”
The FAQs document
claims that the United States “invested 40-50% of GDP into our economy” during
World War II. It’s true that federal spending rose dramatically between 1942
and 1945, peaking at 42.7 percent of GDP in 1944. Of course, the United States
was fighting a major war at the time. Spending declined immediately after the
war ended. By 1948, federal spending was 11.3 percent of the economy. Federal
spending as a percentage of the economy didn’t rise above 20 percent again
until 1975.
In 2019, the
Congressional Budget Office projects that federal spending will consume about
20.8 percent of GDP, or about $4.4 trillion. It appears that the sponsors of
the resolution are suggesting that Congress more than double federal spending,
pushing federal spending around $9 trillion to cover the cost of this
unrealistic, incoherent, and absurd plan.
The Green New Deal
has already drawn the support of several Democratic presidential hopefuls,
including Sens. Cory Booker (D-N.J.), Kamala Harris (D-Calif.), Kirsten
Gillibrand (D- N.Y.), and Elizabeth Warren (D-Mass.). After reading through the
Green New Deal resolution and FAQs document, one has to wonder if these
Democrats regret that decision.
Jason Pye is the
vice president of legislative affairs for FreedomWorks. This article was first published HERE.
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