Saturday, 23 February 2019

[Trang Ánh Nam] New comment on Dianne Feinstein reaction is why young people desp....

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When the children called on Feinstein to support the Green New Deal, she responded: "There's no way to pay for it."

"We have our own Green New Deal" Feinstein said, referring to her own much more modest draft resolution that she later said "provides specific responses to the climate change crisis."

One child in the group then told Feinstein the Green New Deal must be passed because "some scientists have said that we have 12 years to turn this around" and avert a climate change catastrophe.

After Feinstein explained that "it's not going to get turned around in 10 years" – a core element of the Green New Deal – a woman accompanying the children scolded the senator, telling Feinstein that "you're looking at the faces of the people who are going to be living with these consequences."

Feinstein, clearly frustrated, fired back.

"You know what's interesting about this group?" Feinstein said. "I've been doing this for 30 years. I know what I'm doing."

The Sunrise Movement, which helped Ocasio-Cortez develop her Green New Deal resolution, has its roots in other far-left eco-socialist groups, as well as a long history of trying to bully lawmakers into supporting its radical climate change agenda.

Last November the Sunrise Movement organized a sit-in at the office of now-House Speaker Nancy Pelosi, D-Calif., to try to force her to support an earlier version of the Green New Deal.

So it isn't surprising to see these radical environmentalists – who regularly exploit impressionable children to support their policy agenda – try to pull a similar stunt with Feinstein.

But even the far-left Feinstein acknowledges the Green New Deal's 10-year timetable and dramatic goals are wildly unrealistic.

The Green New Deal would destroy – at minimum – 3.4 million jobs in the oil, gas, and coal industries. It would also drastically increase energy costs, likely obliterating millions of additional jobs in manufacturing and other industries. And it would create a slew of new socialist welfare programs.

Among the new government programs would be a free-tuition college plan, a federal jobs guarantee, single-payer health care, and guarantees for "universal access" to health foods and "economic security."

Ocasio-Cortez and Markey's socialist scheme would cost tens of trillions of dollars in just the first decade. The Mercatus Center estimates the single-payer health care provision alone would cost $32 trillion in the first 10 years.

Yet several Democratic presidential candidates – including Sens. Cory Booker of New Jersey, Kirsten Gillibrand of New York, Kamala Harris of California, Bernie Sanders of Vermont and Elizabeth Warren of Massachusetts – have endorsed the Green New Deal resolution.

Ocasio-Cortez has floated the idea of increasing the top tax rate for those earning $10 million or more to 70 percent as one way to fund the plan, but an analysis by the Tax Foundation found that this huge tax increase would, at best, raise less than $300 billion over a decade – nowhere near enough for the multitrillion-dollar Green New Deal.

The United States cannot afford to finance this insane proposal. The national government is already $22 trillion in debt, and it adds hundreds of billions of dollars in additional debt every year.

But even if Americans could afford it, pulling millions of gasoline-powered vehicles off U.S. roadways, building thousands of new solar panels and wind farms, "upgrading" every home and business building in the country, and constructing nationwide high-speed rail lines cannot be achieved in 10 years.

No one knows this better than Feinstein. California was recently forced to abandon its plan for a high-speed rail line that would have connected Los Angeles to San Francisco. Instead, the line might never reach either city, after 11 years of construction and nearly $100 billion in costs.

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Posted by Miller Stephen to Trang Ánh Nam at February 23, 2019 at 5:23 PM

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