Either the Democrats are clueless when it comes to economics, or they are willfully wanting to bankrupt the USA.
The USA’s current GDP is $19.39 trillion. He wants to spend $9 trillion just on global warming. That’s nearly half of our current GDP.
As is typical, the politician has zero “skin in the game”. So he can bankrupt us with no personal reprecusion.
Democratic presidential candidate Jay Inslee is pitching a $9 trillion-plus climate action plan that he touts as an economic renaissance and scientific necessity, putting the Washington governor at the forefront of White House hopefuls pushing for sweeping action to combat the causes and effects of a warming planet.
Inslee compares his “Evergreen Economy” plan, which combines public and private spending, to President Franklin Roosevelt’s New Deal, the mobilization of the U.S. manufacturing base during World War II and the 1960s NASA mission to reach the moon.
“We didn’t go to the moon because it was easy, but because it was hard,” Inslee told the Associated Press ahead of the release of his 38-page plan on Thursday. “We need a common purpose … that meets the scientific necessity.”
Inslee’s proposal comes as some Democrats on Capitol Hill push a Green New Deal with a similar focus, but the former congressman, who has spent decades as a leading advocate for combating rising carbon levels, is seeking to carve out his own path on the issue.
The plan would marshal 28 new or existing programs to shift U.S energy markets from fossil fuel dependence to renewable sources; transform U.S. automobile manufacturing and construction practices; and remake the nation’s infrastructure from public transit to municipal water and rural electric cooperatives.
2020 hopeful Inslee says $9T climate plan will boost economy
News > Nation Thu., May 16, 2019, 6:52 p.m. Democratic presidential candidate Jay Inslee is pitching a $9 trillion-plus climate action plan that he touts as an economic renaissance and scientific necessity, putting the Washington governor at the forefront of White House hopefuls pushing for sweeping action to combat the causes and effects of a warming planet.