Wednesday, February 26, 2020

The Green New Deal is Absurdly Unaffordable

According to a study by the Competitive Enterprise Institute, the so-called Green New Deal would cost the average household almost $75,000 in the first year and over $40,000 each year ever after.  It's pointless to even ask, "Have you got $75,000 you can kick in for this?" Obviously the answer for the vast majority of households is "no".  Bernie Sanders answer to how he's going to pay for this? "We'll figure it out". 


Sum of Household Costs

StateYear 1 Household Costs
Annual Household Costs Years 2-5
Annual Household Costs Years 6 and Ever After
Alaska$84,584
$57,171
$51,740
Colorado$74,287
$46,874
$40,451
Florida$76,109
$48,696
$40,828
Iowa$76,683
$49,270
$41,420
Michigan$74,470
$47,057
$40,602
New Hampshire$74,723
$47,310
$39,821
New Mexico$74,432
$47,019
$40,970
North Carolina$74,609
$47,196
$40,697
Ohio$75,807
$48,394
$40,663
Pennsylvania$75,307
$47,894
$40,983
Wisconsin$75,252
$47,839
$40,906

The Rich Pay More

No matter how many times the fact-free Democrat party says it, The Rich are paying more of what they earn in taxes.