The Economics of Ocasio-Cortez's Green New Deal

The transcript discusses a prominent political figure's impact on political discourse, focusing on her innovative ideas and social media strategy. It covers the Green New Deal's economic implications, the controversy surrounding Amazon HQ2, and tax proposals aimed at reducing inequality. The discussion also addresses claims of socialism and the American economic system, concluding with insights into the 2020 race and Democratic Party ideas.

What makes the political figure's use of social media particularly effective?

• She only posts about personal life.

• She avoids controversial topics.

• She uses it for one-way communication.

• She engages in two-way communication.

How does the Green New Deal compare to historical economic mobilizations?

• It focuses solely on environmental issues.

• It is similar to the economic mobilization during World War Two.

• It is less ambitious than past efforts.

• It has no historical precedent.

What was a major concern about Amazon's HQ2 decision in New York City?

• The environmental impact of the new headquarters.

• The potential for increased tourism.

• The high number of jobs it would create.

• The lack of community input in the decision-making process.

What historical tax rate is mentioned as a reference for current proposals?

• 70%

• 60%

• 50%

• 90%

What is a potential consequence of not addressing wealth distribution in economic growth?

• A decrease in overall economic growth.

• A balanced distribution of wealth.

• A few people becoming very wealthy while most do not benefit.

• Increased economic equality.

What is a common criticism of progressive tax proposals according to the transcript?

• They are too lenient on the wealthy.

• They discourage income generation.

• They are not based on historical data.

• They are universally accepted.

How does the transcript describe the economic system proposed by the Green New Deal?

• As a temporary solution.

• As a European-style system.

• As a return to American economic principles.

• As a completely new concept.