Ocasio-Cortez claimed that $21 trillion in Pentagon “accounting errors” could pay for a substantial portion of Medicare for All


#1

And these are the idiots people are sending to Washington.

A Sunday afternoon tweet got Representative-elect Alexandria Ocasio-Cortez (D-NY) in hot water when she mistakenly claimed that $21 trillion in Pentagon “accounting errors” could pay for a substantial portion of Medicare for All, which totals about $32 trillion over ten years.

$21 TRILLION of Pentagon financial transactions “could not be traced, documented, or explained.”

$21T in Pentagon accounting errors. Medicare for All costs ~$32T.

That means 66% of Medicare for All could have been funded already by the Pentagon.

And that’s before our premiums.

In truth, the $21 billion that Ocasio-Cortez referenced came from “improperly documented accounting adjustments that are made when different financial ledgers do not match.” It’s all rather complicated, but you can read the report here. And herein lies her logic problem:

In other words, $21 trillion is the total value of adjustments made to the Pentagon’s financial records over those years that could not be traced.

That is not the same thing as $21 trillion in spending.

The New York Times called Ocasio-Cortez’s tweet “misleading.” The Washington Post went even further, saying it’s “unconvincing” that she perhaps misread the original analysis. Rather, the Post assigned intent to Ocasio-Cortez’s tweet and implied she knew what she was doing when she published it:

Ocasio-Cortez is not the first Twitter user to mangle information from a news report. But it’s unconvincing to try to pass this off as a rhetorical point being misread. She cited the $21 trillion figure and said “66% of Medicare for All could have been funded already by the Pentagon.”

That’s a direct comparison. It’s badly flawed. The same article she referenced on Twitter would have set her straight. The tweet is still up, probably causing confusion. So we will award Four Pinocchios to Ocasio-Cortez.

Ocasio-Cortez’s career will be one to watch. Currently, she’s the “darling of the progressive left,” as the Times put it. But playing fast and loose with the facts will only undermine her credibility on Capitol Hill and among the press. She has the added burden of being the youngest member elected to the Congress. What she does with that potential will determine where she goes from here.

https://ntknetwork.com/wapo-nyt-fact-checkers-roast-ocasio-cortezs-21-trillion-falsehood/


#2

The Pentagon hasn’t spent $21 trillion in the entire history of the United States.

If we had $21 trillion then we could pay off all the debt Obama added to our deficit… but we don’t have that and won’t have it even if her fantasy of taking all of the wealth in the US comes true.


#3

So she’s an idiot which pretty much anyone that listens to her figures out in about a nanosecond.


#4

Ah…hum… she got elected. Wrap your head around that !


#5

AOC - certified math wizard and master economist is currently jockeying to be on the House Finance Committee. Let that sink in.


#6


#7

The babe (LOL) on impeachment:

The Washington Examiner ‘s Nicholas Ballasy asked Ocasio-Cortez about the standard for impeachment that Republicans used in the ’90s against then-President Bill Clinton, and how it would apply today to Trump and how Democrats approach the issue.

“Well, I just think, overall, when you look at the broad stroke they took, how far they would take, and how granularly they would dig into that process,” Ocasio-Cortez said.

Which said absolutely nothing and is clueless.


#8

Ocasio-Cortez is too stupid to know when to stop talking.


#9

Ocasio -Cortez couldnt find her ass with both hands on a good day

she is absolutely clueless and her performance so far proves she will be a one hit wonder, because reality will soon slap her upside the head.

Im willing to bet by this time next year she will whine that she cannot get by on her salary.

Meanwhile a single working mother struggling to make ends meet if she earned Ocassio Cortez salary can do wonders.

Ive often said if these congress people want to learn how to budget, hire a single mom who works for a living with the limited money they receive and learn from there, Im not talking about the ones on welfare, Im talking the working class single mom.


#10

Most socialists are economic incompetents, but Ocasio-Cortez is a league of her own


#11

Think about how all of the people who went to Boston University and got their degrees in economics feel about her representing their alma mater and academic discipline.


#12

Notice that Wapoo called her tweet “unconvincing”- can you imagine the descriptor they’d have used if this came from a Republican?


#13

Any sane employer would be asking themselves if it worth even considering hiring someone with an economics degree from Boston


#14

Apparently it’s a pretty light wight program as she seems to be having difficulty with 21 trillion in accounting errors. Maybe she was referring to the entire US debt.


#15

This week I went to dive spot in DC for some late night food. I chatted up the staff. SEVERAL bartenders, managers, &; servers currently worked in Senate + House offices. This is a disgrace. Congress of ALL places should raise MRAs so we can pay staff an actual DC living wage.

Unlike robber barons, I have no problem paying taxes &; contributing to society. I’m a 1st gen kid that @ 29 w no kids will make more than my parents did. I SHOULD pay more if it means giving the waitress-me a break. I’m GLAD my taxed income can mean better Bronx public schools.


#16

Ohhhh, you had time to chat up the help at the late night food establishment, really? so did you tip them well?

And which Robber barons are you quoting?


#17

Her father was a small business owner from the South Bronx.

Wonder how that makes her 1st generation???

She should make a great government servant as she already know how to lie.


#18

oooopsss, and they say democratic socialists doesn’t lie?


#19

Useful idiots generally can be convinced to elect useless idiots to any position. :nerd_face:


#20

Her mother was born in Puerto Rico.

Wait they are also US citizens.

Wonder where she got the 1st generation