Ned Ryun, a speechwriter for the Bush administration and founder of 'American Majority,' weighs in on the cost of the Green New Deal, in an interview with FOX Business Network's Neil Cavuto.
NED RYUN: Those in the middle and those that have not committed to this are probably going to come out looking pretty smart. To put a fine point on it, when you break down that cost of $93 trillion, that is about $600,000 per American household.
It is a staggering figure, but I want to go back to the entire premise that this is all based on. It is based on a quasi-religious belief in manmade global warming. Let's say for argument's sake that you believe in manmade global warming. I don't, but let's say you do. The United Nations own IPCC report states that if the U.S. were to cut every last bit of CO2 emissions today, it would only reduce global temperatures by 0.17 degrees Celsius by 2100. And oh, by the way, annihilate the American economy and prosperity.
I wrote about this today at American Greatness, that if the Green New Deal were ever implemented in a real way, it would incinerate the United States economy, while our enemies like China would be laughing their heads off.
The other thing that people need to understand about those proposing the Green New Deal, it is all based on this idea of coercion. It is coercive socialism, and I made the point in this op-ed today that there is another name for coercive socialism: it is communism.