Green Party on Budget & Economy

Party Platform


Steady-state economy better than increasing GDP

Economic growth, as gauged by increasing Gross Domestic Product (GDP), is a dangerous and anachronistic goal. The most viable and sustainable alternative is a steady-state economy. A steady-state economy has a stable or mildly fluctuating product of population and per capita consumption, and is generally indicated by stable or mildly fluctuating GDP. The steady-state economy has become a more appropriate goal than economic growth in the United States and other large, wealthy economies.
Source: Green Party Platform at 2020 Green National Convention , Jul 9, 2020

Answers to wealth inequality are out there; ask the people

In spite of the so-called "recovery", millions of Americans still own homes with negative equity, millions were impacted by cruel Federal housing sequester cuts, and millions more remain literally homeless.

While this year's State of the Union mentioned inequality of wealth, it failed to mention poverty, homelessness, or the ongoing home foreclosure crisis (except in passing), and in any case failed to offer substantive solutions. It is not as if the answers are not out there.

In Pennsylvania, the Poor People's Economic Human Rights Campaign is moving people into vacant housing. In Richmond, California, Green Party Mayor Gayle McLaughlin is working on a program to take back foreclosed homes from banks and return them to original owners. The people are moving to find ways to meet their needs. The silence of the twin corporate parties makes it only a matter of time before the people move forcefully to build a political party of their own.

Source: Green Party response to 2014 State of the Union , Jan 30, 2014

Working people bear federal debt burden disproportionately

Presidents George W. Bush and Barack Obama have irresponsibly expanded our national debt by trillions of dollars to finance tax cuts, war, and bailouts of Wall Street and the automotive industry. This debt and the interest that must be paid; it is not sustainable.

Working people and the small business community are bearing a disproportionate amount of the federal debt burden. Yet the federal debt is, to a large degree, the end product of tax cuts for the wealthy and big business, and the military-defense industry buildup.

For many years the federal government borrowed trillions of dollars. Money that should have been going into a better "safety net" for the poor, homes for the homeless, environmental and public lands conservation, sustainable jobs, research and development, roads and bridges, schools and the technologies of tomorrow, has been lost to servicing the national debt. We cannot ignore the consequences of our nation's past deficits and the related costs of debt service.

Source: Green Party Platform adopted, July 12-15 2012 in Baltimore , Jul 15, 2012

Increase affordable housing & protect renterís rights

Source: Green Party Platform adopted at 2004 National Convention , Jun 30, 2004

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Page last updated: Feb 24, 2022