WaEx: Given the conversation it has provoked, the fuss from Rep. Alexandria Ocasio-Cortez over President Trump’s economic adviser Kevin Hassett’s use of the phrase “human capital stock” might have to be upgraded to an all-out brouhaha. The socialist congresswoman melted down over Hassett’s language in a recent tweet:
Human Capital Stock.
An ugly term w ugly history, but for many powerful ppl it‘s their most honest view of workers: human stock.
By their logic, the moment a person stops being useful to profit motive (retirement, health, etc) they are a liability. That’s the system we live in.
Now, given that Ocasio-Cortez does apparently have a degree in economics, we might assume that she has come across this basic Econ 101 phrase before. Thus, the congresswoman really should know that its meaning is entirely the opposite of the one she’s claiming, falsely suggesting that it means that we’re just worker bees, drones, perhaps even slaves to be put back to laboring. So, too, all Hassett’s other critics, from Sen. Elizabeth Warren to writers at Vox and Rolling Stone, should know better. more
“Now, given that Ocasio-Cortez does apparently have a degree in economics, we might assume that she has come across this basic Econ 101 phrase before.”
Are you sure that is a safe assumption?
You know that saying about assumptions, it’s frequently proven true.
What she is saying is that when the phrase ‘human capital stock’ is used, it obviously means peoples of colors.
I think she may be right. The phrase ‘human capital stock’ probably does mean people of color.
I’m just agreeing with her.
When I need basic economic advice from a bartender I ask her what time happy hour starts.
Her glaring hypocrisy is not unexpected. Under communism (her chosen ideology) the people ARE owned by the state and ARE slaves.
What Pres Trump needs to do right about now is declare martial law in these big liberal cities-to keep them safe.
Wouldn’t it be beyond hilarious to watch CNN and MSNBC claim that it was authoritarian and nazi-like to lockdown people in their houses.
With progtards, all roads lead to race.
“ Now, given that Ocasio-Cortez does apparently have a degree in economics, we might assume that she has come across this basic Econ 101 phrase before.”
This would be assuming that she wasn’t whoring herself out to her professors for credit. That is an assumption I am not prepared to make.
“Human capital stock”. That is demeaning as hell. I’m filing a complaint with Human Resources.
“AOC now says”….has become a joke like “here, take my wife.”
Human Capital – capitalism…get it? That’s holy water to a socialist. It burnssssss!
Wait’ll she enlists in the military, and finds out her commanding officers play chess. Wait’ll she finds out what piece SHE plays. 😳
Come to think of it, it’s the SAME piece she plays right NOW, as a useful socialist idiot. 🤔
AoC translator: “She knows nothing about economics oe anything else/ There is no interest to learn.
@Bob M. May 31, 2020 at 12:41 pm
> Come to think of it, it’s the SAME piece she plays right NOW, as a useful socialist idiot.
Only Kweens matter.
Now, fnck you! Pay me!
Um, she knows very well.
Just like the garbage disposal in her new apartment that she pretended to have never seen before.
Its all an act.
Her life is now theater.
Selfie Politics from a Selfie Politician