The idea that we’re going to austerity ourselves into prosperity is so mistaken, and honestly I feel like one of the big problems we have is that, because Democrats don’t have a deep understanding of or degrees in economics, they allow Wall Street folks to roll in the door and think that they’re giving them an education,” Ocasio-Cortez told In These Times last month.
They’re not. It’s a con, and they’re getting conned because they don’t understand the transformative power of the purse that Congress has. It’s not just Democrats. I don’t think most of Congress understands how economics works.
