Manager Report

This month I wanted to continue our discussion regarding the New Green Deal recently introduced in congress by Alexandria Ocasio Cortez (D) New York and Senator Edward Markey (D) MA. You may recall last month we talked about how this progressive piece of legislation would tackle such items as energy policy and mass transportation, but it doesn’t stop there so let’s jump back in.

As if the first two items were not impossible enough, the Green New Deal also requires us to completely dismantle and reconstruct every building in America. This would include every home, factory and office building that has ever been built since our nation was settled some 400+ years ago. Remember this all must be accomplished in the reasonable timeframe of 12 years. While I would never doubt American ingenuity and drive, but even the most fervent of optimists would admit that this one might be a little arduous.

Are you looking to get your diet on track? Great news for those seeking a healthier lifestyle as the Green New Deal will now ensure the government will provide “healthy food” to every American. Although I do not personally partake in much of our household grocery shopping, my wife seems to find an abundance of healthy food at our current supermarket. Although I do not eat as much of it as she would like me to, it’s good to see that she won’t be burdened by that task as the government will now take charge of my caloric intake. I hope you’re not too attached to your BBQ grill considering the Green New Deal will impose a ban on all beef, pork and poultry as each produces an inordinate amount of planet warming methane gas. Just my luck as I have gotten comfortable with bacon being on the “good” food list.  Think of all the time we’ll save not anguishing over all those burdensome choices we face at the supermarket.

That pretty much wraps up all the fundamental changes to society the New Green Deal would mandate. Now let’s talk about all the goodies, the free stuff! First on the list is free education for life. All colleges and trade schools would be completely free to anyone who wants to participate. Want to be a career student? Don’t worry about income as you will also be provided both a guaranteed income and safe affordable housing. Actually, both the housing and the guaranteed income will be provided even if your unable or unwilling to work. It might not even be worth mentioning, but should you desire employment, you would also be guaranteed a government job that includes a family-sustaining wage, family and medical leave, vacations and of course a pension. You know, those basic necessities of life that everyone is entitled to regardless of effort.

So those are the finer points of the New Green Deal. It must have taken at least several minutes and a few adult beverages to dream this up. I’m sure some skeptics might be pondering that one nagging question. How is this going to be paid for? Don’t worry they’ve got that covered. They plan to tax the wealthy. Unfortunately, this might be where it gets a little dicey for even if they confiscate all the wealth from every millionaire in the country, they could only fund the present-day government about 111 days. So, what would the true cost be to taxpayers? As we know all too well, government provided really means tax payer funded. Early estimates suggest it would take around 93 Trillion dollars to make the Green New Deal a reality. I might even argue this lofty figure is probably still way too low. Keep in mind the entire GDP of the United States is only a paltry 18.62 trillion (USD). Even the nominal GDP of the top five economies in the world (USA, China, Japan, Germany, United Kingdom) combined only totals around 43 trillion. In short, the entire world would have great difficulty funding the Green New Deal. Even further astonishing is the claim that 92 percent of Democrats and 64 percent of Republicans support this absurdity. I honestly can’t help but wonder if this was just a poorly executed joke.