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Posts Tagged ‘Green Great Leap’

EconomicPolicyJournal.com: AOC’s Green Great Leap Forward is Nothing Short of Destruction of Life as We Know It

Posted by M. C. on February 17, 2019

The plan is so generous that it promises an income even to people, according to the Democrat’s press release, who refuse to work still will be provided a “living wage” income.

Alexandria Occasional-Cortex

https://www.economicpolicyjournal.com/2019/02/aocs-green-great-leap-forward-is.html

By William L. Anderson

In what its supporters have claimed is “visionary,” the congressional media darling, Alexandria Occasio-Cortez (AOC) has released her short-awaited Green New Deal , and she has called for nothing short of destruction of life as we have known it:
Rep. Alexandria Ocasio-Cortez said she has no qualms about acknowledging a so-called “Green New Deal” will mean unprecedented governmental intrusion into the private sector. Appearing on NPR, she was asked if she’s prepared to tell Americans outright that her plans involve “massive government intervention.”
On one level, AOC is being honest; such a plan would be unprecedented, at least in the United States, but it hardly would be the first government-led massive intrusion into a nation’s economy. The 20 th Century was full of such intervention, beginning with World War I, and continuing through the years of communist governments. The century was full of intervention, and the earth was full of the dead bodies to prove it. What AOC and her political allies, including most Democrats that have declared they will run for the U.S. Presidency, are demanding is the U.S. version of Mao’s utterly-disastrous Great Leap Forward.
For all of the so-called specifics, the Green New Deal (GND) reads like a socialist website which is full of rhetoric, promises, and statements that assume a bunch of planners sitting around tables can replicate a complex economy that feeds, transports, and houses hundreds of millions of people. The New York Times declares the plan to give “ substance to an idea that had been a mostly vague rallying cry for a stimulus package around climate change, but its prospects are uncertain.”
Actually, there is nothing we can call “substance” in this proposal if we mean “substance” to be a realistic understanding that it would be impossible to re-direct via central planning nearly every factor of production in the U.S. economy from one set of uses to another, since that is what the proposed legislation actually requires. For example, the following is what AOC and others call the “scope” of the proposed law:
(A) The Plan for a Green New Deal (and the draft legislation) shall be developed with the objective of reaching the following outcomes within the target window of 10 years from the start of execution of the Plan:

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