On his nationally syndicated radio talk show “The Sean Hannity Show” on Tuesday, host Sean Hannity warned about the destruction that will be caused by socialist legislation, particularly the Green New Deal, claiming that it would end the “lifeblood of our economy.”
“What is the Green New Deal?” asked Sean Hannity. “The Green New Deal, this is what they promise you, you know, their broad, ambitious package of new policies, investments in communities and infrastructure and technology to help the U.S. achieve environmental stability and economic sustainability. ...
“Now, the Green New Deal is what it is. Everything we’ve been telling you about it is true. No oil or gas, the lifeblood of our economy is gone,” Hannity concluded.
Sean Hannity’s remarks stem from a push by some in the Democratic Party to implement the Green New Deal. A study was recently released by the Competitive Enterprise Institute (CEI), which notes that the Green New Deal would cost every American family more than $70,000 in its first year.
Below is a transcript, in pertinent part, of Sean Hannity’s remarks from his show on Tuesday:
“For all the people that are worried about, okay, can I afford a house, a nice house, in a safe neighborhood, drive a decent car or truck, and will I be able to afford some amenities in life, maybe go out to dinner once a week – not at an extravagant restaurant, maybe just a local place to get some spaghetti and meatballs or whatever you want to get – and will I be able to send my kids to a good school? How are the school’s in the neighborhood? Is it safe? Do I have to worry about crime? Do I have to worry about— You know, everybody has these worries. And it’s when government comes in, you have politicians saying that they are going to take care of everything; you will have no more fear.
“What is the Green New Deal? The Green New Deal, this is what they promise you, you know, their broad, ambitious package of new policies, investments in communities and infrastructure and technology to help the U.S. achieve environmental stability and economic sustainability.
“Now, the Green New Deal is what it is. Everything we’ve been telling you about it is true. No oil or gas, the lifeblood of our economy is gone.
“Okay, that is going to, in and of itself, immediately end any competitiveness America has with the rest of the world. It will alter the means of production with the finality that will be felt instantaneously. America will literally descend, almost immediately, into an economy of poverty. When you tax people at a 70 percent top marginal rate, tax corporations – by the way, corporations don’t pay taxes, people pay taxes, and that means that goods and services created by corporations, those goods and services – they are going to pass the cost on to consumers, or they are just going to get out of business, or they’re going to take their businesses oversea. And they’re going to go to a more business-friendly environment. That’s what people are going to do. And you’ll see this happen if this ever becomes a reality.”