Hit Piece – A.O.C – S.O.S.
Cuntface Alexandria Ocasio-Cortez (A.O.C.) signifies the new political-economic savageness in America. Her doofy agenda demonstrates the rampant financial illiteracy amongst her gen.
It will be a cum-dripping orgy of collectivism, led by a gender-fluid mob of commissars in an effort to fashion ‘Potemkin America’ in the most glistening, queer-eyed, beer-goggled form-factor possible. Enter Alexandria Ocasio-Cortez (A.O.C.), the Madam mutant congresswoman, Bronx District hoodwinker and ex-barmaid succubus who promises to sap the nation’s wealthiest (‘greediest’) swashbucklers and nationalize everything that’s not batten down with industrial-grade rivets. Healthcare will be ‘universal’, of course, and tuition debtors will be totally let off the hook. Oh, and a 70% marginal income tax will be levied along with free condos for all, complete with a 100% squeaky-clean climate. ‘Totes cool.’ I.C.E. will be long gone, too. Whoohoo!
None of that will make the USA a better nation-state. And then imagine how perturbed Russia, China, France and Venezuela will be when the bug-eyed-zombie Medusa takes up her policy of exporting the New Bolshevism from the Bronx/Queens to other lands – ‘because, OMG, like socialism is sooo next-level’. Been there, done that, they’ll argue. And maybe they’ll have to smack the Dems down in order to drive the point home, hmmm. Perhaps the philosopher-poet Bono will remind us again that capitalism is…um, ‘fundamentally amoral.’ But we digress.
Cuntface Alexandria Ocasio-Cortez (D-N.Y.) made juicy headlines a few months back when she confessed that she wouldn’t be able to afford the exorbitant Washington, D.C. rent until her government comp kicks in. The lack of affordable housing in the capital is no laughing matter, but the predicament also speaks to the harebrained lawmaker’s financial/economic literacy — or lack thereof. The 29-year-old didn’t think to consider something as rudimentary as the relocation expenses of a new gig and other personal economic outlays in the future.
If she didn’t know how much a flat would cost, how much confidence should struggling taxpayers and ‘Millennial serfs’ have in her ability to effectively deliver trillions of dollars in campaign promises? Does she realize that Uncle Sam’s liabilities, on a NPV basis, is the present value of cash inflows less the present value of cash outflows? Her tax proposal (parameterized using public debt, interest rates, inflation, and government revs vs. expenses), represents a crushing step function in the wrong direction – soaring deficits and future liabilities that will catapult post-Millennials into a sea of insolvency.
A.O.C. has proposed free ‘Medicare for All’, free college tuition, guaranteed federal employment at $15 bucks an hour and free houses for the nation’s most poverty-stricken. These ideas have been conservatively priced at $42 trillion — twice as much cheddar currently recorded on the nation’s ledgers and nearly 2x the country’s GDP.
It’s the kind of numskull 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 proposition you’ve heard from Venezuelan President Nicolas Maduro, France’s full-retard Presidents François Mitterrand and Emmanuel Jean-Michel Frédéric Macron, Zimbabwe’s Robert Mugabe. and Mao Zedong. Morons.
While an undergraduate student at Boston University, A.O.C.’s coursework in econ and international relations (she has a BA in the blended subject – go B.U.!) apparently didn’t register all that much. She’s definitely not the sharpest econometric tool in the shed (poor thang), but B.U.’s economics curriculum obviously emphasizes neo-Keynesian, neo-Marxist and other bunk doctrines on homo economicus and globalization – schools of thought that purport to show that unbridled capitalism leads to ever-increasing income asymmetry and to the erosion of liberal values, and that the only solution is for central planners/bureaucrats/freshmen congresswomen to engage in far more aggressive efforts to forcibly seize the wealth of people who have ‘too much.’ Think Thomas Piketty, Paul Krugman, Joseph Stiglitz, Lawrence Summers and other eggheads with anti-capitalist tilts.
The problem with her cornucopia of financial ‘freebies’ is 1. it’s unbelievably naïve and economically irresponsible (she’s a hypersonic debt bomb, ya’ll!) and 2. it’s empirically falsifiable to think the federal government is more cost-efficient than free markets and laissez faire dynamics. The first rule of ‘economic law’ is that ‘there’s no such thing as a free lunch.’ Choices have costs; trade-offs abound and rational economics requires the recognition of individual rights and the banishment of physical force from human relationships. That includes coercive punitive taxes and wacky wealth-redistribution policies.
Economics helps us understand that it is entrepreneurs, inventors, investors, traders, ‘worker bees‘ and new ideas – propelled by ordinary/enterprising people left to their own individual initiatives and devices – that power an economy. A.O.C. should have learned that at B.U. Instead, she absorbed the tissue of lies that distills bogus egalitarian economics taught to most American undergrads – Marx, Mao, Postmodernism and procrustean Utopian-Fascist ‘freakanomics’.
If you want to witness young, successful people who are making a positive mark on society, look at risk-takers who started their own businesses, got their foot in the door at a productive firm or planned long-range for a personal goal that they achieved on their own accord, by their own merit.
Most people don’t want to be stuck in a $15-an-hour, guaranteed government job because it stunts long-term opportunities and stifles personal growth. The private sector incentivizes hard work and inculcates a risk-reward mentality, and it pays better than any government gig or statist sinecure.
Unfortunately, the worldview espoused by A.O.C., Bernie Sanders, anti-Israeli congresswoman Ilhan Omar (D-Minn) and Elizabeth Warren canvases the economy as a zero-sum equation unless the government directs people’s choices and allocates the ‘people’s resources.’ Their proposals call for cascading benefits on select groups and paying for it by taking money from the wealthy and re-allocating it to the beggarly. If millionaires and corporations are losing, then surely welfare recipients will be winning, their logic holds.
That’s not how the global economy works. The free market is the world’s most kick-ass poverty alleviation program and optimal asset allocator in human history. Market investment and entrepreneurship far outperform government investment on a risk-adjusted basis, and the resulting boom in economic activity benefits everyone, particularly the poor and the ‘dregs of society.’
There’s also the tragic, nonlinear consequence of today’s trendy Democratic Socialist logic. If you actually added $42 trillion to the U.S. national debt, as A.O.C. has retardedly suggested, it would be hard up young people and future generations who have to bear the astronomical burden of paying down the principle and making timely interest expenses; America’s sovereign balance sheet would balloon FUBAR-style; interest rates could spontaneously spike many orders of magnitude higher; and next gen cohorts would suffer a precipitous decline in living standards and a weaker currency. America would essentially become ‘Europeanized’ or worse. Yuk. It’s the kind of profligacy that puts civilizations on the ‘edge of chaos’ characterized by sharp imbalances between revenues, expenditures and idiotic left-wing populism.
The proliferation of these ill-conceived economic ideas over the past few years speaks to the lack of economic literacy intrinsic to the Millennial mind (yeah, you, A.O.C.!) and Gen Z. It also showcases the silly, irrational and ideologically bankrupt chalk talk in our college classrooms. Graduates of Boston University’s economics program are supposed to be able to ‘grasp economic theory…and be able to apply these models to evaluate policies and real-world events,’ according to the university’s website.
A.O.C. would do well to understand that the path to prosperity is not built on government handouts and boondoggles but on free individuals unleashing their human creativity to advance the greater good. An honest to goodness economics debate between A.O.C.’s ‘black hole abracadabra economics’ vs. the rational sort (we like Thomas Sowell, Richard Salsman, Kevin Hassett, James Rickards, etc.) is overdue. By exposing the flimsy, filthy arguments of naive central planners like A.O.C., it will help young people understand economics better than any college course ever could à la brute realism and ‘baptism by fire.’
A.O.C. is a political-economic savage who stands for 100% self-sacrifice, which means: self-immolation, self-abnegation, self-denial, self-destruction — which means: the self as a standard of evil, the selfless as a standard of the good. That is a perverse inversion of objective economics and human nature, and we hope A.O.C. falls off a cliff ASAP. Fuck her!
Images Wikimedia Commons + A.O.C. + Socialists Youth League NYC
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