It’s amazing that more than 70 House members and a dozen senators have already signed onto the Green New Deal. I say amazing for two reasons:
(1) It is full of doom and gloom, and
(2) will cost a staggering $90 billion and counting.
The original New Deal of the 1930s was a response to the tragedy of a worldwide Great Depression. With a strong economy and low unemployment, it is difficult to paint that kind of bleak picture today, but the recent House Resolution introducing the Green New Deal surely tries, describing economic stagnation for four decades; racial, economic and gender divisions; and a planet doomed by global warming. It sounds a lot like Jimmy Carter’s old era of limits and we know how well that worked.
Democrats are lurching to the left in what feels like a desperate, but actually alienating, effort to win votes.Read More »