Posted on 05/12/2019 6:51:52 AM PDT by SeekAndFind
The first-term Congresswoman Alexandria Ocasio-Cortez's ambitiously socialist Green New Deal to decarbonize the U.S. economy and create jobs isn't a metaphor for money — although it will require all of yours and much more just to attempt her utopian vision of a carbon-free world in which everyone is staked with a home, food, transportation, higher education, and health care.
Despite (or maybe because of) a degree in international relations and economics from Boston University, Ocasio-Cortez suffers from a core economic misunderstanding. In a phrase, it is her belief that the rich have money the poor would otherwise have. So she has a problem with billionaires. Hers is the delusion that possesses every socialist, so many of whom believe that the movie Trading Places was a documentary.
Ocasio-Cortez doesn't understand why so much of the world's wealth is possessed by so few. The answer is diversity: the diverse distribution of the traits necessary for enormous success. As might be expected, all the human traits are distributed more or less normally throughout any population — roughly the way grades break out in a large classroom.
It is the same with most any measure of a population: the majority (more than two thirds, actually) of individuals will score within one standard deviation of the mean (or average) on any measure of humanity, whether it is our height or our hemoglobin, our resting heart rate or our bone density, our general drive or how fast we can run, the strength of our immune system or our longevity — you name the category.
The normal distribution of human traits also explains why freedom and diversity are so positively correlated — that is to say, the more individual freedom, the more diversity expresses itself in any form of human productivity, from toys to tablets,
(Excerpt) Read more at americanthinker.com ...
Marxist stupidity that never stops. Just go away.
As I understand, liberals think billionaires get their money by stealing from the poor. Not quite sure how that is supposed to work.
In a socialist country the rich get rich by theft (looters). In a free and rational country, where force is prohibited, the rich get rich by producing a product that people want, in a way where they make a higher than average rate of profit. Then, they save and reinvest most that profit to make improved products or new and different products. Then, they repeat this process over and over again for a long period of time.
These crypto commies have a problem with inheritance. If a child inherits a parents “wealth”, it’s see as illegtimate and bad.
They are jealous and emotionally reactive like the Clintons were as well as all the leftists before them. It goes back to the social condition observed by Marx back in the 1800’s
They live in a world that no longer exists, reinforced by inhabitants of the same safe bubble.
Their ignorance makes them dangerous.
Good parents.
Earning more than you spend, maintained over a very long period of time.
They become congressmen/women?
Electing STUPID people to Congress - what could go wrong?
How are we supposed to get to these new, free college courses when cars are outlawed?
Alexandria has a BS in EconomiKs from Boston University.
Money represents goods and services. Rich people don’t hoard it, they create it. If you take away their money and “spread it around”, it will just dry up, because the poor don’t create wealth.
Boston University should be so ashamed that they give her money back.
I think they go door to door and steal welfare checks out of mailboxes.
Careful with that. I live here in the swamp. What you do is get a sweetheart contract for yourself with the government that pays you say $100M to do not much. You have to hire a lot of folks, here in the swamp, to do whatever [contract administration, IT, provide power point slides to the government, pall around with your government sponsors and go out to lunch with them, happy hour with them]. You go to the right parties and conferences and meetings, and you work with lobbyists to kick back the right percentage (not horribly large given that you don't have to do much for that largesse) to the right political campaigns (any good lobbyist can manage this for you). And you keep getting awarded the contract. And the contracts are all handled by contract administrators who don't want input from the mission parts of the agencies about what the contractor should do or how the contractor has done. Randomly you rebid contracts and award them to other contactors who are in the same line of business. Valued staff jump from the sinking ship to the floating ship, and the party goes on.
That is what Don Jr. referred to as folks in the swamp doing well while doing nothing much at all.
So that is how you get rich here in the swamp. Any questions? Oh, Clinton set the direction on how to do this with privatization of government functions and Algore's reinventing government. But Bush / Cheney really poured the gasoline on the fire all for DHS, and the WOT. Best part - all those tax dollars you spent, a lot didn't actually go to the ME. They stayed right here in good ol' DC [visit the malls in Tyson corner VA if you want to know where your tax dollars are going]. Win! Win! Win!
Simple. They get elected and spend a lifetime in Congress, and steal out of the tip...I mean out of campaign funds.
If she is from Yorktown heights she should ask her parents, York town heights is in Westchester county NY a pretty affluent area. She’s looking for that big tip jar and she found it in socialism and a government job
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