The Economics of Ocasio-Cortez's Green New Deal

Mar.04 -- Saikat Chakrabarti, chief of staff for Democratic Representative Alexandria Ocasio-Cortez of New York, discusses the “Green New Deal,” two nonbinding resolutions introduced by Ocasio-Cortez and Senator Ed Markey, a Massachusetts Democrat. He speaks on "Bloomberg Technology."

[xkgfjzc]

I thought this was supposed to do with economics my bad

[tomkelly]

Is there any reporter who has covered the actual content of the Green New Deal? All I find is opinion pieces as though somehow we all know what the Green New Deal is.

This kind of thing is so very common with reporters today.

The proper thing to do is to give actual information first and then go to opinions!

[seeplush]

I was happy to see her come out the gate. Now I want her to go back in.

[harrychu]

This young a man doesn't know what he is talking about, but is doing the best he can with his limited life experience. These ideas are just too nonsensical and child-like to be taken seriously.

Howard Shultz would destroy Cortez in any debate. We are talking about a man who built a multi billion dollar global brand and a young lady whose only professional experience was as a bartender. It would be more evenly matched to have Cortez debate the clerk at Seven Eleven. And my money is on the clerk.

[danabram]

This is her chief of staff, he sounds like an intern being pulled in last minute for someone to fill in for this interview

[JosephNJ]

New drinking game, take a shot every time you hear the word "so."

[iloveeveryone]

He did a great job defending her, but she’s been far too vocal to give doubt about her abilities.

[smith]

Appoint this bill and you will see the biggest civil war anyone has ever seen.

[christianh]

She majored in international relations and economics, graduating cum laude from Boston University.

*International Relations and Economics.*

Why are we still here? Just to suffer?

[oscarm.]

"big, bold, brave ideas" that will reelect Trump.

[waterboxer]

I'd like to see Mr. Chakarabrti appear on the Ben Shapiro Show. Bloomberg will not ask serious questions. Saikat is a slick talking guy along the lines of Emperor Obama. I'd like to hear from someone from Amazon tell the public the truth about leaving the Big Apple, no this guy's misleading version.

[RadekProchazka]

6:55 100% of Americans support free unicorns and rainbows for all

[philipquenault]

Bloomberg your political bias is showing.

[flyhighlandsafe]

Look up the word „Energiewende“, it is the green new deal that Germany started 15 years ago. To this day, they could only reach 40 percent renewable share in electricity generation. Share of renewables in overall energy generation, around 15 percent. Amount spent on the project: no one knows exactly but no less that 500 billion usd. A kwh electricity costs about 35 cent here because all households and small companies are required to pay a renewable energy surcharge to cover for the subsidies paid to the entities who invested in renewables. Big industry does not pay this tax, because it will simply destroy the backbone of german economy, which is the export oriented industry. There is no way they can compete internationally paying 35 cents per kwh. So small people like you and me has to pay a shitload of extra taxes to make sure that millionaires and billionaires who invested in inefficient renewable technologies get their guaranteed profit... It will be no different in USA, the renewables can and will succeed only if it is economical to invest in them without any subsidies or guaranteed profit, every thing else will be a catastrophe for the US, as it was for Germany.

[karljonsson]

This is the guy Who said:  "it wasn’t originally a climate thing at all ... we really think of it as a thing."

[williamwells]

Overall we need to practice the "economy of living"; and conserving,
not cosuming; as Henry David Thoreau once said.

[davidcaryl]

It is not good to have zeal without knowledge, nor to be hasty and miss the way. Proverbs 19:2

[ragnardanneskjold]

That was one of the scariest things that I've ever watched! It's like when the Bolsheviks took over the Russian Empire.

[jimmycincinnati]

They call themselves socialists. We didn't make that up. Those are the words that come out of their mouths,
"Democratic Socialism."

[jackjdough]

Is Wards Island still open in NYC, you have a new Patient??