The government should invest in a Green New Deal to combat climate change from "summary" of The Deficit Myth by Stephanie Kelton
A Green New Deal is a bold and ambitious plan to address not just the urgent threat of climate change, but also the pressing need for good jobs, infrastructure, and economic security. It is a comprehensive strategy that aims to transition our economy away from fossil fuels and towards renewable energy sources, while also ensuring that all Americans have access to the resources and opportunities they need to thrive. By investing in a Green New Deal, the government can create millions of well-paying jobs in industries like renewable energy, energy efficiency, and public transportation. These jobs will not only help to reduce greenhouse gas emissions and combat climate change, but also provide a much-needed boost to our economy and improve the lives of working Americans. Furthermore, a Green New Deal will help to address the systemic inequalities that have plagued our society for far too long. By ensuring that all communities have access to clean air and water, good schools, and affordable housing, we can begin to level the playing field and create a more just and equitable society for all. Critics of the Green New Deal argue that it is too expensive and will only add to the national debt. However, as Modern Monetary Theory teaches us, the government has the power to create money and spend it into the economy without the need to worry about deficits or debt. By investing in a Green New Deal, we can create a more sustainable and prosperous future for ourselves and future generations.- The government should invest in a Green New Deal to combat climate change, create good jobs, and build a more equitable society. It is not just a moral imperative, but also an economic necessity if we are to address the challenges we face in the 21st century.
