Powerful bill introduced to reverse climate crisis and CREATE GOOD JOBS
A critical bill sponsored by representatives who aren't paid by corporate money, address the two most pressing public crises: environmental and economic
MATTHEW COOKE - NOVEMBER 14, 2019
A critical bill was introduced today that addresses climate-changing emissions and targeted economic devastation.
The legislation could reduce public housing costs by $97 million per year and cut energy costs by an astounding $613 million.
It would also impose labor and "Buy America" requirements for construction.
The move would potentially create nearly 250,000 union jobs each year in the U.S. and cut carbon emissions on the scale of taking 1.2 million cars off the road over a 10-year period.
It’s called the Green New Deal for Public Housing Act and it’s a no brainer.
Bernie Sanders and Ocasio-Cortez introduced the bill. Elizabeth Warren co-sponsored it. They say it will improve living conditions for nearly 2 million people.
It's possible the house passes it. And it is expected that republicans will try to kill the bill because they can’t be seen as doing something bipartisan for normal working people because that would compromise the myth campaign they’ve created about the “left” being communist or scary pronouns etc.
Excellent article on this ongoing self defeating strategy in Politico.
The bill's proposal calls for a modest investment of $18 billion per year for 10 years to sustainably retrofit and repair public housing with the goal of eliminating all carbon emissions. Two initiatives in which we can’t afford to under invest.
As a cost comparison we spend $81 billion per year on prisons conservatively speaking. And 100 billion per year on corporate subsidies according to the Cato institute.
Severely impoverished communities are in aggregate scientifically the result of historical bad and often intentional public policy which have concentrated wealth in the hands of oligarchs who now control billions of the nations wealth.
Walmart alone makes $6B per year in reported profits. And there are a few hundred tyrannically sized privately run mega-corporations that report roughly the same level of annual profits.
There are easily a trillion dollars available in reported corporate profits alone. So three years of corporate profits could to completely eradicate global poverty financing economist Jeffrey Sachs’ well referenced 20 year plan. The polyarchy or the Republic or aristocratic class (whatever word you like) have spent decades running a PR campaign indicating otherwise.
They pretend national resources are a lot less than they are and blame purposefully impoverished populations for being lazy, take precious tax dollars etc. Of course it’s the polar opposite.
A civilized society - especially the richest country on the planet - is in a position to invest its wealth in its citizens and improve the quality of life and human resources for the county and planet.
This is a relatively cheap and good bill for meeting the immediate emergency needs of human beings at a bare minimum.
And is a critical step toward addressing the imminent national and global security issues of the global warming crisis and the economic disaster of increasing concentrated wealth and decades of unaddressed international state-sponsored corporate crimes.