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IPFS News Link • Economic Theory

Boston University Graduate Alexandria Ocasio-Cortez Explains "Economics"…

•, by sundance

Born in 1989, Ms. Ocasio-Cortez is a millennial and a self-described democrat socialist.  In this interview segment she discusses a millennials' view of economics:

On the dynamic current economy, 3.8% unemployment and capitalism providing expanded economic opportunity:

"unemployment is low because everyone has two jobs."  "Unemployment is low because everyone is working 60, 70, 80, hours a week and can barely feed their kids"… "capitalism has not always existed in this world, and it will not always exist in this world."