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Ocasio-Cortez's rise reveals rampant economic illiteracy in US
The Hill ^ | 11/14/2018 | Anne Rathbone Bradley

Posted on 11/15/2018 8:17:59 PM PST by bitt

Rep.-elect Alexandria Ocasio-Cortez (D-N.Y.), made headlines when she revealed that she wouldn’t be able to afford Washington, D.C. rent until her government salary kicks in.

The lack of affordable housing in Washington is no joke, but the predicament also speaks to the young lawmaker’s financial literacy — or lack thereof. The 29-year-old didn’t think to consider something as basic as the relocation expenses of a new job opportunity.

If she doesn’t know how much an apartment costs, how much confidence should taxpayers have in her ability to effectively deliver trillions of dollars in campaign promises?

Ocasio-Cortez has proposed free "Medicare for All," free college tuition, guaranteed federal employment at $15 an hour and free houses for the nation’s poorest. These ideas have been conservatively priced at $40 trillion — twice as much money currently listed on the national debt.

It’s the kind of extremist proposal you’d expect to hear from someone who has never made a budget, never been responsible for a business and payroll and never had taxes deducted from a hard-earned paycheck. It's the kind of proposal you've heard from Venezuela President Nicolas Maduro and Hugo Chavez before him.

(Excerpt) Read more at thehill.com ...


TOPICS: Constitution/Conservatism; Front Page News; Government; Politics/Elections; US: California; US: Vermont
KEYWORDS: berniesanders; california; economy; education; illiteracy; joecrowley; losangeles; madmaxine; maxinewaters; newyork; ocasiocortez; vermont
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1 posted on 11/15/2018 8:17:59 PM PST by bitt
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To: Whenifhow; null and void; aragorn; EnigmaticAnomaly; kalee; Kale; 2ndDivisionVet; azishot; ...

p


2 posted on 11/15/2018 8:18:13 PM PST by bitt ("Let justice be done though the heavens fall".)
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To: bitt

3 posted on 11/15/2018 8:19:58 PM PST by bitt ("Let justice be done though the heavens fall".)
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To: bitt

nitwit Me-lennials

I am not impressed


4 posted on 11/15/2018 8:20:55 PM PST by LeoWindhorse
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To: bitt
OCASIO-CORTEZ-RENT-TIPS
5 posted on 11/15/2018 8:21:05 PM PST by FrankR ( You've got to stand for SOMETHING, or you'll fall for ANYTHING.)
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To: bitt

Idiocracy is here.


6 posted on 11/15/2018 8:23:24 PM PST by Fred Hayek (The Democratic Party is now the operational arm of the CPUSA)
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To: bitt
Economic illiteracy?
Isn’t there an app for that?
7 posted on 11/15/2018 8:24:07 PM PST by right way right (May we remain sober over mere men, for God really is our only true hope.,)
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To: bitt

People love her. She is more frightening than Hillary. She has charisma and knows how to use it.


8 posted on 11/15/2018 8:26:28 PM PST by MarMema (don't forget to stock up on dogfood)
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To: bitt

However, she does live rent free in some people’s heads.


9 posted on 11/15/2018 8:29:29 PM PST by Blue House Sue
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To: bitt
reveals rampant economic illiteracy in US

Sadly this has been true for decades.

10 posted on 11/15/2018 8:31:01 PM PST by Robert DeLong
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To: bitt

Is she more economically illiterate than George Bush, who launched on Middle East wars that have cost - according to Trump - $7 trillion?


11 posted on 11/15/2018 8:31:19 PM PST by rintintin
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To: right way right

She’s got some sort of a degree in it. Economics, that is. The illiteracy part comes naturally to her.


12 posted on 11/15/2018 8:34:08 PM PST by bigbob (Trust Trump. Trust the Plan.)
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To: bitt

And she could be President someday.


13 posted on 11/15/2018 8:34:55 PM PST by EdnaMode
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To: bigbob
my favorite


14 posted on 11/15/2018 8:36:58 PM PST by bitt ("Let justice be done though the heavens fall".)
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To: EdnaMode

That will never happen!

The woman is an illiterate dingbat, and she will self-destruct FRom sheer ignorance and stupidity long before her 15 minutes of fame are up!


15 posted on 11/15/2018 8:38:40 PM PST by Taxman (We will never be a truly free people so long as we have the income tax and the IRS.)
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To: rintintin
"Is she more economically illiterate than George Bush, who launched on Middle East wars that have cost - according to Trump - $7 trillion?"

Ouch. Sometimes the truth hurts. Also consider this. Are the followers of O-C really economic idiots? At least not in the short-term. They have learned that being a gimmedat maximizes their economic return in exchange for the least amount of effort. They are being rational economic beings.

16 posted on 11/15/2018 8:40:09 PM PST by buckalfa (I was so much older then, but I'am younger than that now.)
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To: bitt
Factual reporting by the Hill, I don't believe it! Pot, meet kettle. As far as this asinine commie upstart, she has yet to see how the real word works. She is batshit crazy, as everyone knows. .
17 posted on 11/15/2018 8:41:12 PM PST by Fungi
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To: LeoWindhorse

On the Jeopardy Championship of Teens this evening, not one of the three contestants had the answer to: he said, “a country of the people, by the people and for the people.” One guessed Thomas Jefferson. The other two didn’t hazard a guess. We have been screwed by the education system.


18 posted on 11/15/2018 8:41:43 PM PST by HandyDandy (This space intentionally left blank.)
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To: bitt

Evita....er..Alexandria needs to go to Venezuela and learn something what happens when Socialism is implemented.


19 posted on 11/15/2018 8:44:34 PM PST by Pajamajan ( Pray for our nation. Thank the Lord for everything you have. Don't waiting. Do it today.)
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To: bitt

She’s an imbecile. She’s going to be a goldmine if laughs for us


20 posted on 11/15/2018 8:45:58 PM PST by stuck_in_new_orleans
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