There’s one glaring problem with Ocasio-Cortez’s impassioned tirade
by Brad Polumbo
The Foundation for Economic Education
Say what you will about left-wing darling Rep. Alexandria Ocasio-Cortez, but she knows how to get a message across on social media. One of the youngest members of the House of Representatives, the New York Democrat and socialist boasts 8.1 million Instagram followers.
It’s a shame that Ocasio-Cortez has once again used her talent for going viral to spread misleading narratives that ignore basic economics. This time, in one of her ask-me-anything Instagram stories, the congresswoman was asked about her position that billionaires shouldn’t exist.
“The question of billionaires is less about being a ‘good’ or ‘bad’ individual and more about the immorality of a system and economy that not only allows abuse of everyday people, but financially rewards the powerful who profit off not paying workers a living wage, keeping medicine expensive … or otherwise hoarding unthinkable levels of wealth for the very few by denying basic dignities of life for the many,” she wrote.