Green New Deal: Saving America or turning it socialist?
The plan calls for a vast remaking of the US economy. In just 10 years, it envisions a phaseout of all greenhouse gas emissions from power plants. Ditto for for cars on the road. Meanwhile, massive spending on high-speed rail systems would coax long-distance travelers off airplanes and onto trains.
Oh, and while all that is slashing greenhouse gas emissions to zero, this legislation would also seek to fix a host of social ills, with the promise of things like jobs and health care for all. Absent from the legislation are references to things like incentives, markets, or private-sector innovation.
Welcome to the Green New Deal, which depending on your view looks like either the salvation or bane of the US economy.
Given its sweep, it’s not surprising that critics are blasting the plan as “socialist.” The label may not be fair in a literal sense, but it points to a vital question of how to best
Mutually exclusive ideas?Beyond climate, a social visionA middle ground?You’re reading a preview, subscribe to read more.
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