The Economics of the Green New Deal

Bob Hockett, Cornell Law School professor and professor of public policy at Cornell University, senior counsel at Westwood Capital, policy expert at New Consensus and a fellow of The Century Foundation, lays out the economics behind Congresswoman Alexandria Ocasio-Cortez's "Green New Deal."

"At the time of the New Deal, of course millions of Americans were out of work…. In our view, something like that happened in 2008 and we never fully recovered from that. We think what’s needed is a real New Deal-scale investment," says @rch371 on #GreenNewDeal.

— Brian Lehrer Show (@BrianLehrer) February 8, 2019

"The environmental movement in the past has largely been telling you what you can’t do… we’re doing the opposite of that. We’re talking about what we can do, which is growing as rapidly as possible into the green powerhouse of the world," says @rch371 on #GreenNewDeal.

— Brian Lehrer Show (@BrianLehrer) February 8, 2019

Caller Nancy asks: Would the Green New Deal push for Americans to go vegan? Not exactly, but....@rch371: "We’d like to save the environment partly through modernizing agriculture as well as modernizing industry." (Though he's personally a vegan.) pic.twitter.com/Mlx0BQcURC

— Brian Lehrer Show (@BrianLehrer) February 8, 2019