Posted on 01/24/2020 7:38:35 AM PST by mikelets456
Ocasio-Cortez said billionaires make their money "off the backs" of "undocumented people," "black and brown people being paid under a living wage" and "single mothers."
She addressed a hypothetical "widget" billionaire in her remarks.
"You didn't make those widgets, did you? Because you employed thousands of people and paid them less than a living wage to make those widgets for you," Ocasio-Cortez said. "You didn't make those widgets. You sat on a couch while thousands of people were paid modern-day slave wages, and in some cases real modern-day slavery."
(Excerpt) Read more at foxbusiness.com ...
Some cultures view “rich” as “could only have stolen it”.
Some cultures view “rich” as “earned it”.
AOC is the former.
America is the latter.
Has she ever read a book on economics? Or even a book?
HOW? Did Boston University give her a degree in economics?
AOC has MANY books. Some haven’t even been colored in yet.
Our daily dose of dim projection.
Her degree was in Economics History, not Economics as she and the msm tout. Illustrated comics type course. And as for Ted Kennedy's interest and sponsership...well Chappaquidic and the infamous waitress sandwich incidents point to her physical rather than intellectual features.
A lot of Americans went through high school in the 30's hearing "An honest man will never get rich." Coincidentally, at the same time some in the MSM were extolling Uncle Joe's economic miracles.
Vanderbilt "took" billions of dollars providing affordable transportation around New York so that New Yorkers could afford to get to productive jobs and resulting goods and services could be shipped affordably from source to consumer.
Intel "took" billions of dollars revolutionizing the CPU and thereby the PC market making the internet possible.
I suppose the one thing we could all agree on is that JD Rockefeller raped the planet and took billions just to create global warming.
In regard to Scoldilocks, there are plenty of her followers livid with him for saying that...I think they literally see her as a sage/oracle/somebody to obey.
Ugh.
That can be said about AOC too.
Too true. Particularly the millennial losers with their tats and their the world owes me attitude. They have neither the intellectual capacity to be successful entrepreneurs, nor the determination to work hard in a job to get ahead. They are lazy, arrogant, self impressed and have a totally unrealistic and wildly inflated view of their worth and their abilities. So when they see someone else much more successful than they are they think "I'm just as good as he is and he was just lucky." And naturally if someone is just lucky then wealth is "distributed" and not earned. So if wealth is distributed then its logical they should have a share of it their being just as good (which they're not) as the one with the wealth.
I have a problem with billionaires that complain the Americans make too much money and go about trying to undercut Americans earning power/leverage by propping up LEGAL immigration and also demanding a subsidized low skilled work force. Yes, that is problematic with me.
The problem with her argument or “statement” is it’s not true for a number of reasons:
#1——Capitalism gives one the choice to leave that job or stay there and also the opportunity to start their own job.
#2-—Private companies that make lots of money hire people to work and once again they have the choice to stay or leave.
#3-—With Capitalism you make your money because people WANT your product, they’re not forced to buy it.
#4-—Capitalism let’s you choose your social status-—you and only you get to chose the lifestyle you want to live.
However with socialism one is forced into a social status determined by government. You’re forced to pay into a system with no hope of “getting out”. You’re forced to buy certain products. Those in charge of socialism own you and determine you job and placement in society.
She must be correct. She are a holder of a Bach’lor Dugree in Ekonomics, ya’ know. She’s just not any ordinary idiot. She are smart!
Who invented the widgets?
Who created the software to run the widgets?
Who put up the capital to build the widget factory?
who supplied the parts for the widgets?
who delivered the widgets to market?
None of these people deserve a return on their money?
Shes learned just enough Marxist sloganeering at Boston University to make herself dangerous.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.