Let’s go back to Brooklyn in 1955 as a nine year old boy is talking to his friend.
“Let me make sure that I understand the deal that you worked out with my brother and his friends. They promised that I would give you $30 a year for the next fifteen years, and if Duke Snider makes the Baseball Hall of Fame by that time, you will give me his rookie baseball card.
Why would I ever do that? For me that is a really bad deal, so despite what you were promised by my brother, I am pulling out of the deal.”
The boy could have been Donald Trump. He recognized a bad deal back then, when his brother and his brother’s cronies were trying to convince him to put up a lot of money over many years for something that might or might not happen. Fast forward 60+ years and he is still able to spot a bad deal. He was able to recognize the Paris Accords for what they really were . . . a bad deal, a really bad deal for the U.S.
How so?
Well to start with as of May 2017 the U.S. had put $1 billion into the Green Climate Fund, whereas China, India, and Russia combined had put $0 into this United Nations fund. Christopher Horner (a senior fellow at the Competitive Enterprise Institute) argued that this agreement is more about wealth redistribution than climate change, and the U.N.’s chief economist, Ottmar Edenhofer, admitted that they de facto redistribute the world’s wealth through climate policy.
How much was this Paris Accord going to cost? The price tag would have been approximately $1.2 trillion per year! 1.2 trillion per year in order to achieve a temperature reduction of 0.3 F by 2100 according to the U.N. Climate Prediction Model! That sure doesn’t sound like much bang for the buck! Steve Forbes commented that Trump was right in pulling out, “It would have had a devastating effect on our economy.”
Now I am not a Steve Forbes, but to me if it sounds like a bad deal, and looks like a bad deal, then it probably is a bad deal!
On the other hand, you had “twinkle-toes”, John Kerry, advising President Trump to “think of all the grandkids who will have to live with his decision”. I wonder if he has ever thought about all the grandkids who will have to live with his decision to give Iran nuclear weapons?
How do you spell “hypocrisy”? . . . K-E-R-R-Y !
In the same vein Barack Hussein Obama said we were joining “a small handful of nations that reject the future”. Speaking of the future, I wonder why President Obama did not place his agreement to this treaty before the U.S. Senate in 2015 as is mandated by law. If he had put this before The Senate, then the future President Trump would not have been involved, and we would not be having this blast of hot air by those on the left. Back then The Senate would have given it a thumbs up or thumbs down, and it would have been a fait accompli. When asked why he did not put this to a Senate vote, Barack Obama responded that it was not a treaty! When I heard this weak attempt at an explanation, I thought, “If it walks like a duck, quacks like a duck, and looks like a duck . . . then it probably is a duck!” But then again who can expect a community organizer to recognize a duck?
Kudos to the nine year old back then, and the seventy-one year old, now 62 years later, as they both recognized a really bad deal and refused to be sucked in.