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Bloomberg Opinion
Bloomberg Opinion
Bloomberg Opinion
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Bloomberg OpinionVerified account

@bopinion

Opinions on business, economics and much more from the editors and columnists at Bloomberg Opinion.

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bloomberg.com/opinion
Joined December 2010

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    Bloomberg Opinion‏Verified account @bopinion 8 Feb 2019

    Alexandria Ocasio-Cortez’s Green New Deal appears to combine a federal job guarantee, free college and single-payer health care into one large proposal. @Noapinion tackles the massive program piece by piece ⬇️https://bloom.bg/2DiDmwu pic.twitter.com/vZBpp7c4yR

    11:59 AM - 8 Feb 2019
    • 303 Retweets
    • 745 Likes
    • Kiley Walker William Monroe VISIONARY emma Tim Staacke GENERAL ZAMORA Dest🌻ny Dep(LAURA)able NEEDs a KIDNEY! Rogério
    576 replies 303 retweets 745 likes
      1. New conversation
      2. Bloomberg Opinion‏Verified account @bopinion 8 Feb 2019

        A now-removed online FAQ may give insight into the Ocasio-Cortez camp’s true goals, says @Noahpinion. While there's plenty of environmental policy, the most expensive items are enormous new entitlements paid for by unlimited deficit spending https://bloom.bg/2DiDmwu pic.twitter.com/Wo1eHeZCCm

        46 replies 139 retweets 287 likes
        Show this thread
      3. Bloomberg Opinion‏Verified account @bopinion 8 Feb 2019

        The now-removed #GreenNewDeal FAQ stipulates that every American would be guaranteed the following: 1. A job with family-sustaining wages 2. High-quality education 3. High-quality health care 4. Safe, affordable, adequate housing 5. Economic security https://bloom.bg/2DiDmwu pic.twitter.com/LDQCoo9Gkz

        156 replies 146 retweets 386 likes
        Show this thread
      4. Bloomberg Opinion‏Verified account @bopinion 8 Feb 2019

        Rough annual costs for AOC's Green New Deal: 🏥 Medicare for All: $3.2 trillion 💡 Renewable energy: $400 billion 🏘️ Net-zero emissions retrofits: $1.7 trillion 🔐 Economic security: $1.3 trillion 📚 Free college: $47 billion TOTAL: $6.6 trillion a year https://bloom.bg/2DiDmwu pic.twitter.com/BkrcGlvpsZ

        357 replies 521 retweets 798 likes
        Show this thread
      5. Bloomberg Opinion‏Verified account @bopinion 8 Feb 2019

        $6.6 trillion per year is more than three times as much as the federal government collects in tax revenue, and equal to about 34% of the U.S.’s entire GDP https://bloom.bg/2DiDmwu pic.twitter.com/qJUWpHlHcA

        46 replies 333 retweets 545 likes
        Show this thread
      6. Bloomberg Opinion‏Verified account @bopinion 8 Feb 2019

        "Total government spending already accounts for about 38% of the economy, so if no other programs were cut to pay for the Green New Deal, it could mean that almost three-quarters of the economy would be spent via the government," writes @Noahpinion https://bloom.bg/2DiDmwu pic.twitter.com/z9tk1jMMF3

        27 replies 96 retweets 184 likes
        Show this thread
      7. Bloomberg Opinion‏Verified account @bopinion 8 Feb 2019

        Most troubling, the FAQ sidesteps the question of how to pay for the plan. It simply links to two op-eds explaining modern monetary theory. It could be quite dangerous if the Green New Deal is paid for with soaring deficits https://bloom.bg/2DiDmwu pic.twitter.com/jd7CEHfAIK

        39 replies 128 retweets 268 likes
        Show this thread
      8. Bloomberg Opinion‏Verified account @bopinion 8 Feb 2019

        If MMT is wrong, and if ever-expanding deficits cause runaway inflation, the result would be a devastating collapse of the nation’s economy. Let’s hope the FAQ doesn’t represent the final version of the Green New Deal https://bloom.bg/2DiDmwu pic.twitter.com/sXrmk2KlwF

        65 replies 127 retweets 253 likes
        Show this thread
      9. End of conversation
      1. New conversation
      2. Paul on a bike(shadowbanned)‏ @Railgunbikes 8 Feb 2019
        Replying to @bopinion

        If I get "economic security to all who are unable or unwilling to work", then why would I need free college?

        6 replies 7 retweets 127 likes
      3. 𝐵𝓇𝒾𝓉𝓉𝒶‏ @brittadal 8 Feb 2019
        Replying to @Railgunbikes @bopinion

        Shhhh shhhhh we don't use logic here.

        0 replies 0 retweets 44 likes
      4. End of conversation
      1. New conversation
      2. BMan‏ @bpmsr67 8 Feb 2019
        Replying to @bopinion

        What an adorable proposal. Thanks everyone...Middle School Model UN club is now adjourned.

        4 replies 12 retweets 212 likes
      3. Eli M.  🇺🇸 🇸🇻‏ @EliMD101 8 Feb 2019
        Replying to @bpmsr67 @bopinion

        Underrated tweet lol 😂

        0 replies 0 retweets 13 likes
      4. End of conversation

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