February 5, 2013
The Center for Economic Policy and Research, described as a liberal think tank, has produced a study claiming less work will save the planet from global warming. Economist David Rosnick, who produced the analysis, says the world should adopt a “more European” work schedule as a way to reduce carbon emissions.
“The relationship between [shorter work and lower emissions] is complex and clearly understood, but it is understandable that lowering levels of consumption, holding everything else constant, would reduce greenhouse gas emissions,” Rosnick writes. “If the world were to follow a more European model of work, we would expect fewer hours, less output, and lower emissions of greenhouse gases.”
If implemented, Rosnick’s scheme would translate into more poverty and suffering, although he does not address that consequence. Instead, he writes that a European system of less work would require a “trade-off” of up to one-quarter of “income gains” in exchange for “increased leisure time and vacation.” Of course, the average worker, deprived of “income gains” in addition to falling wages and monetary inflation wouldn’t be able to afford a vacation and would instead likely look for ways to make up for the lost income.
More than 100 million full-time, 40-hour plus a week workers in the United States make less than $40,000 per year. According to government statistics, more than 70 million earn less than $25,000 per year and around 35 million get paid between $25,000 and $45,000 a year. That’s before state and federal taxes, Social Security and Medicare, etc., take a bite. In other words, millions of Americans are living on the edge, one paycheck away from disaster and can hardly afford Rosnick’s “trade-off” that will do virtually nothing to mitigate supposed man-made global warming. (Also see: Nearly Half Of American Families Live On The Edge Of Financial Ruin.)
“What happens if the car breaks down? What happens if you get a cavity? What happens if you lose your job?” writes My Budget 360. “Many are told by financial planners to sock away 9 months of emergency funds. It will take years for the average American to put away $22,500. Is it any wonder why millions of Americans rely on Social Security as their main source of income? Millions of Americans are still on verge of losing their unemployment insurance and are basically one check away from being on the streets conjuring up visions of soup lines of the Great Depression. The average income doesn’t even come close to paving a way to a middle class lifestyle. What you have is a shrinking middle class where people are working harder and harder yet being thrown off the treadmill one by one.”
And yet we are told by eggheads like Mr. Rosnick that we need less money and our diminishing lifestyle is destroying the planet. A photo included alongside the U.S. News & World Report article covering Rosnick’s study shows a man enjoying his additional leisure time at the park. It should show him scavenging through a trash dumpster.
Studies have completley debunked the theory that temperatures on the planet today are unprecedented and we are headed for disaster. Despite this, liberal think tanks like the Center for Economic Policy and Research keep cranking out nonsense warning about an impending planetary doomsday if we don’t change our ways – in other words if we don’t reject modern civilization and embrace worldwide poverty, disease and death, what Mr. Rosnick calls leisure.
Rosnick’s study calling for worldwide poverty to save the planet makes perfect sense when you consider who funds the Center for Economic Policy and Research – George Soros and the Ford Foundation.