Unemployment is low because everyone has two jobs
“Unemployment is low because everyone has two jobs,” said Ocasio-Cortez in an interview on PBS’ “Firing Line with Margaret Hoover” in July when pressed on why the unemployment rate was low in a capitalist system. “Unemployment is low because people are working 60, 70, 80 hours a week and can barely feed their kids.”
Ocasio-Cortez continued to argue the days of capitalism are numbered:
And so I do think that right now we have this no-holds-barred, Wild West hyper-capitalism. What that means is profit at any cost. Capitalism has not always existed in the world, and it will not always exist in the world. When this country started, we were not a capitalist [nation], we did not operate on a capitalist economy.
Ocasio-Cortez continued to argue the days of capitalism are numbered:
And so I do think that right now we have this no-holds-barred, Wild West hyper-capitalism. What that means is profit at any cost. Capitalism has not always existed in the world, and it will not always exist in the world. When this country started, we were not a capitalist [nation], we did not operate on a capitalist economy.