She may have beaten one of Nancy Pelosi’s favored Democrats in a New York primary, but Alexandria Ocasio-Cortez is yet another Democratic gift that keeps on giving. The self-styled socialist, as it turns out, studied economics in college, supposedly. And then she comes out with statements that defy some of the basic rules of the discipline.
In an attempt to explain why unemployment levels have dropped to lows of 4% and below under the Trump administration, the Democratic congressional candidate, an economics and international relations major, explained, “Unemployment is low because everyone has two jobs.”
Citing unemployment hitting 3.9%, “Firing Line” host Margaret Hoover asked Ocasio-Cortez if she still thinks that capitalism is not the best system for promoting the middle class.
“I think the [unemployment] numbers that you just talked about is part of the problem,” said Ocasio-Cortez. “Because we look at these figures and we say that unemployment is low and everything is fine, right? Well, unemployment is low because everyone has two jobs. Unemployment is low because people are working 60, 70, 80 hours a week and can barely feed their kids.”
Many people have more than one job. That does not mean that they can’t feed their kids. That topic is not part of the current narrative.
She then unloaded on America’s “hyper-capitalism,” stating, “So I do think right now we have this no holds barred, wild west hyper-capitalism. What that means is profit at any cost. Capitalism has not always existed in the world and will not always exist in the world,” she said.
Capitalism is how financial empires are built, but socialists don’t want to believe that since they don’t believe in accumulating wealth.
Following this performance, Ocasio-Cortez was ripped to shreds online. The one thing that is sure about her is that the Democrats, with her as a rising star, don’t need to hang on to Pelosi and some of the other dingbats. They’ve got one in the wings.