, 10 tweets, 3 min read Read on Twitter
1/Here's a blog post detailing the specifics of the Green New Deal:
ocasio-cortez.house.gov/media/blog-pos…
2/The Green New Deal claims to guarantee the following things to all Americans:
1. higher education
2. health care
3. affordable housing
3/Interestingly, the Green New Deal promises a guarantee of economic security for anyone "unwilling to work", implying that universal basic income is still going to be part of the package:
4/As for how to pay for the Green New Deal, it stipulates that the government will take an equity stake in the projects - an interesting idea I hadn't heard before.
5/However, the plan makes clear that it will ultimately rely on deficits to pay for the Green New Deal. As justification, it points to this article, which describes the basic ideas of MMT: forbes.com/sites/rhockett…

In other words, MMT is absolutely a core part of the GND.
6/The plan also points to this op-ed by Stephanie Kelton et al., explaining why government spending doesn't need to be paid for: huffingtonpost.com/entry/opinion-…
7/In other words, the Green New Deal plan, as released by Ocasio-Cortez, definitely seems to include:
1) universal health care paid for by MMT
2) trillions of dollars in infrastructure spending paid for by MMT
3) economic security for those "unwilling to work", paid for by MMT
8/You can read the rest of the FAQ here:
ocasio-cortez.house.gov/media/blog-pos…

(end)
To be clear, though the "green" parts of the Green New Deal are good, the "New Deal" parts are probably disastrously bad.

So until the proposal is substantially revamped, every Democrat's answer to the question "Do you support the Green New Deal?" should be "NO."
BTW, many people (including myself!) are now having difficulty accessing the Green New Deal FAQ on Ocasio-Cortez' website. Here is a link that contains most of the details (and a few more), though it omits the links to the articles explaining MMT:

assets.documentcloud.org/documents/5729…
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