Alexandria Ocasio-Cortez Is an Economic Illiterate — and That’s a Danger to America
Share
[aggregation-styles]
The Washington Post
The Washington Post
Alexandria Ocasio-Cortez Is an Economic Illiterate — and That’s a Danger to America
The left complains that conservatives are “obsessing” over Alexandria Ocasio-Cortez. Well, there is a reason for that: Ocasio-Cortez is driving the agenda of today’s Democratic Party — and her economic illiteracy is dangerous.
Case in point: Last week, Ocasio-Cortez celebrated the tanking of a deal negotiated by her fellow Democrats in which Amazon promised to build a new headquarters in Long Island City, New York, right next to her congressional district. Amazon’s departure cost the city between 25,000 and 40,000 new jobs. Forget the tech workers whom Amazon would have employed. Gone are all the unionized construction jobs to build the headquarters, as well as thousands of jobs created by all the small businesses — restaurants, bodegas, dry cleaners and food carts — that were preparing to open or expand to serve Amazon employees. They are devastated by Amazon’s withdrawal. (Amazon’s founder and chief executive, Jeffrey P. Bezos, also owns The Post.)
Ocasio-Cortez was not disturbed at all. “We were subsidizing those jobs,” she said. “Frankly, if we were willing to give away $3 billion for this deal, we could invest those $3 billion in our district, ourselves, if we wanted to. We could hire out more teachers. We can fix our subways. We can put a lot of people to work for that amount of money if we wanted to.”
Case in point: Last week, Ocasio-Cortez celebrated the tanking of a deal negotiated by her fellow Democrats in which Amazon promised to build a new headquarters in Long Island City, New York, right next to her congressional district. Amazon’s departure cost the city between 25,000 and 40,000 new jobs. Forget the tech workers whom Amazon would have employed. Gone are all the unionized construction jobs to build the headquarters, as well as thousands of jobs created by all the small businesses — restaurants, bodegas, dry cleaners and food carts — that were preparing to open or expand to serve Amazon employees. They are devastated by Amazon’s withdrawal. (Amazon’s founder and chief executive, Jeffrey P. Bezos, also owns The Post.)
Ocasio-Cortez was not disturbed at all. “We were subsidizing those jobs,” she said. “Frankly, if we were willing to give away $3 billion for this deal, we could invest those $3 billion in our district, ourselves, if we wanted to. We could hire out more teachers. We can fix our subways. We can put a lot of people to work for that amount of money if we wanted to.”
By Marc A. Thiessen | 21 Feb 2019
RELATED TOPICS:
Trump Says He Will Order Voter ID Requirement for Every Vote
Politics /
16 hours ago
Greta Thunberg Joins Flotilla Heading for Gaza With Aid
World /
16 hours ago
Chicago Mayor Says Police Will Not Aid Federal Troops or Agents
U.S. /
16 hours ago
Post-War Gaza Plan Sees Relocation of Population, ‘Digital Token’ for Palestinian Land: Washington Post
World /
16 hours ago
Labor Day Quiz: Do You Know What a Knocker-Upper Is?
Opinion /
16 hours ago
Judge Blocks Pillar of Trump’s Mass Deportation Campaign
Latest /
1 day ago
Visalia Driver Arrested for DUI After Multiple Crashes and Pedestrian Injured
Crime /
2 days ago
Fresno County Garnet Fire Grows to 18,748 Acres in Sierra National Forest
A lightning-sparked wildfire, the Garnet Fire, in the Sierra National Forest has burned 18,748 acres in Fresno County and remains at 8% cont...
Local /
15 hours ago
Categories
Latest
Videos

Local /
15 hours ago
Fresno County Garnet Fire Grows to 18,748 Acres in Sierra National Forest

World /
16 hours ago
Israel Pounds Gaza City Suburbs, Netanyahu to Convene Security Cabinet

Politics /
16 hours ago
Trump Says He Will Order Voter ID Requirement for Every Vote

World /
16 hours ago
Greta Thunberg Joins Flotilla Heading for Gaza With Aid

U.S. /
16 hours ago
Chicago Mayor Says Police Will Not Aid Federal Troops or Agents

World /
16 hours ago
Post-War Gaza Plan Sees Relocation of Population, ‘Digital Token’ for Palestinian Land: Washington Post

Video /
2 days ago