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AOC says she's worth less than $500,000 after kickback claims — and seems to get kudos from Trump fans in response
(www.businessinsider.com)
this post was submitted on 06 Feb 2025
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What are you basing this on? Did you personally speak with AOC?
In the article she said she has hundreds of thousands of dollars and also said she's not rich
Edit: she didn't say she's not rich. She said she's not a millionaire
You may be misunderstanding the difference between assets and liquidity. These days, owning a home, a car, and paying into a retirement fund for a few years can easily put someone close to having $500,000 in assets. But those aren't liquid, i.e. they do not translate into having $500,000 in a bank account. Most people that have that much in assets will also have a lot of debt; take into account the mortgage on their house, student loans, car loans, and credit cards, the average person with $500,000 in assets actually has a negative net worth.
Compare AOC to someone like Nancy Pelosi, who has an estimated net worth over $240,000,000, with most of it bound in stocks and bonds that could quickly translate into liquidity. That is what being rich is. That is the kind of person that is out of touch with poor people.
He's not misunderstanding anything, he's deliberately arguing semantics to avoid addressing his nonsense claim that AOC is problematic.
AOC never even said she wasn't rich, so it's a totally irrelevant argument.
I getcha, and you're most likely right; if OP sees the gap in their argument and realize it, that's just a bonus. My real intent is to share a broader perspective with people coming to the comments with genuine curiosity and an open mind.
Lol so you were indeed lying, based on your edit.
So what's the basis for your claim, then? That she's so out of touch with poor people that she doesnt realize her own privileges?
Where's the quote, jagged_circle?
Or are you a liar?
Quote that part.