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A comment on U.S. Economy Shrinks at 4.8% Pace, Signaling Start of Recession. Parent comment

Re:U.S. Economy Shrinks at 4.8% Pace, Signaling Start of Rec... by standardUser on Wednesday April 29, 2020 @02:18PM (#23022388)
The Green New Deal is not a call for an end to market capitalism, nor is it a call for a centrally planned economy. Your point is utterly invalid.
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Re:U.S. Economy Shrinks at 4.8% Pace, Signaling Start of Rec... by parsnips on Wednesday April 29, 2020 @04:02PM (#23023501)
Let's just look at one (expensive) idea proposed in the GND:

>Upgrading all existing buildings and building new ones so that they achieve maximum energy efficiency, water efficiency, safety, affordability, comfort, and durability.

How is a directive to upgrade all existing buildings, anything but central planning of an entire industry?

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Re:U.S. Economy Shrinks at 4.8% Pace, Signaling Start of Rec... by fl0wenol on Wednesday April 29, 2020 @06:35PM (#23025362)
That sounds awfully like a nod towards developers and REITs that you'd get property tax breaks and/or credits if you hit LEED certification levels.

What is the problem with that? It's already a thing, just not nationally. You get that pro-jobs angle for contractors, provide a stop-gap when new construction slows servicing existing owners looking to reduce costs.

You're reading the proposals with an ... impractical eye.

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