Ocasio-Cortez On Spending Tax Dollars To Stop Climate Change During Coronavirus: No Figure Is ‘Too Much’
Rep. Alexandria Ocasio-Cortez joined Politico Playbook co-authors Jake Sherman and Anna Palmer via video conference.
Jake Sherman: “Do you even have a thought at this point about what the dollar figure that Congress would need to spend before this is over? “
Alexandria Ocasio-Cortez: “You know, a lot of people have asked me what implications this has for climate change. And when it comes to the dollar figure, I think for both of these issues, I don’t think that there is a figure we can look at right now that is too much. I don’t think a lot of people understand the scale of the impact of this. This is not even a slow-moving recession or relatively slow-moving like we saw in 2008, where the inequities and the cracks started at the top and it eventually had manifested with crashes in housing prices — or rather in a meltdown of our housing market and eventual unemployment and all of these things. We are talking about the entire economy essentially seizing up overnight on a global scale. We, as policymakers, have never, ever, entertained anything on this scale before. And I think that we are going to have to either make the New Deal look normal or even small compared to what we have to pursue moving forward.”
You can see the full video here.