The more ‘economic’ advice we hear from Congress’ ‘resident expert’ on the subject — ‘Democratic socialist’ Rep. Alexandria Ocasio-Cortez of New York — the more we realize that Boston University must hand out those degrees to anyone who shows up in class.
Because the woman’s Marxist tendencies in no way comport with the capitalist economic principles embraced by our founders that have led the United States to become the globe’s No. 1 power.
As tens of millions of Americans line up for unemployment benefits — 26 million in five weeks, according to newly released numbers — and protest governors to end coronavirus-related shutdown orders so businesses can reopen, AOC is giving ‘advice’ that runs afoul of tried-and-true measures that sustain countries.
During an appearance on VICE’s Seat at The Table with Anand Giridharadas, Wednesday night, Ocasio-Cortez said Americans should “just say ‘no’” when presented with the chance to get back to work.
Her suggestion: Indulge in “poetry” instead and, by necessity, let the federal government continue printing money it doesn’t have to go deeper into debt as we await the inevitable Venezuelan-style collapse of our society.
“When we talk about this idea of ‘reopening society’ you know, only in America does the President, when the President tweets about ‘liberation’, does he mean go back to work,” she said, as reported by MRCTV.
“When we, you know, have this discussion about going back or reopening, I think a lot of people should just say ‘no’- we’re not going back to that. We’re not going back to working 70-hour weeks just so that we can put food on the table and not even feel any sort of semblance of security in our lives,” she continued.
“And, you know, I think that is the most important conversation we can have. And I think it’s going to take reading a lot of folks and indulging in poetry. I think, it’s going to require indulging in ourselves and our history and our culture,” she continued, adding that her ‘recommended reading’ include acts of rebellion and abolition of slavery.
Here’s a clip of some of her idiotic remarks:
The ‘putz’ is strong in this one.
Lots of people work a lot of hours per week, that is true. But it’s always been that way; some Americans have better educations or better job training or have gotten better opportunities than others, and so they don’t have to work as much or as hard.
The good news is, those people who are working a lot for a little can better themselves with additional job training and/or educational opportunities. And millions have done just that.
What’s more, before governors imposed stringent lockdowns and forced business owners who have wrapped their life savings into their firms to close, we had a great economy, thanks to President Donald Trump’s policies and a Republican-passed tax reform bill in 2017.
So that meant even more opportunities for Americans, as jobs outpaced workers to fill them. The phenomenon led to something AOC and her Marxist ideologues have long pushed for: Rising wages.
In pre-shutdown February, Business Insider reported that average wages had increased 3.1 percent year-to-year:
The US labor market entered 2020 on a stronger-than-expected note, adding jobs for a record 112th month.
The Bureau of Labor Statistics on Friday said 225,000 nonfarm payrolls were created in January, compared with economist forecasts for 164,000. The unemployment rate edged higher to 3.6%, still near its lowest level in half a century.
Average hourly earnings rose 3.1% from the same month last year, better than the 2.9% year-over-year increase in December.
No forced minimum wage increase by government, as the economically illiterate economics major AOC and her socialist pals demand. When there is more work than there are workers, wages rise; when companies want to hire better people, they raise wages to attract them.
As for keeping people at home and ‘indulging in poetry,’ that’s how countries and civilizations die.
Suggestions like that just don’t get any more idiotic.
