Whatever Happened to the Green New Deal?

Source: Ludwig von Mises Institute
by William L Anderson

“Fresh off her 2018 upset New York Democratic congressional primary win, Alexandria Ocasio-Cortez (better known as AOC) and Massachusetts Sen. Edward Markey announced they were launching an ambitious legislative plan called the Green New Deal. While people who had a grounding in economic thought found this new initiative to be naïve at best and destructive at worst, nonetheless it has energized American progressives and other environmental true believers. … this kind of largesse needs legislation behind it and the true believers—led by AOC herself—settled on the infamous (and hilariously named) Inflation Reduction Act. In fact, AOC served as a cheerleader for what was the cornerstone measure of the Biden administration, one that supposedly would create nine million jobs and totally transform the US economy. However, the promised transformation never occurred.” (04/24/25)

https://mises.org/mises-wire/whatever-happened-green-new-deal