Sunday, January 12, 2020

No, not possible

CAN WE TACKLE CLIMATE CHANGE AND ECONOMIC INEQUALITY? Capital & Main

It might seem like a nice election ploy, but this concept will not save Naked Capitalism and the Next New Green Deal crew.

The primary problem is inflation adjustments, they are all over Congress, New York and California.  They cannot be undone, the same fools who want miracles also want their inflation adjustments.   Just look at where California's gas tax went, pensions for cops and teachers. Both these groups will want inflation adjustments, and energy taxes feed consumer price hikes. So we can see the dog chasing the tail here. 

The vision will go nowhere. But is matters not, the Next New Green Dealers, like the Previous New Green Dealers will simple spew excess CO2 in the effort.


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