{"id":5106,"date":"2019-01-13T10:31:07","date_gmt":"2019-01-13T10:31:07","guid":{"rendered":"https:\/\/www.wasteyourtime.co\/?p=5106"},"modified":"2019-09-02T11:37:34","modified_gmt":"2019-09-02T10:37:34","slug":"alexandria-ocasio-cortez","status":"publish","type":"post","link":"https:\/\/traders-paradise.com\/magazine\/2019\/01\/alexandria-ocasio-cortez\/","title":{"rendered":"Alexandria Ocasio-Cortez &#8211; is she right?"},"content":{"rendered":"<p style=\"text-align: right;\"><i><span style=\"font-weight: 400;\">2 min read<\/span><\/i><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-5107 size-full\" src=\"https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/alexandria-ocasio-cortez-is-she-right-e1547373804862.jpg\" alt=\"Alexandria Ocasio-Cortez - is she right?\" width=\"800\" height=\"1000\" \/><br \/>\n<em><strong>Alexandria Ocasio-Cortez, who just took her House seat to represent the Bronx, has sparked headlines by suggesting tax rates as high as 70 percent to finance a \u201cGreen New Deal.\u201d<\/strong><\/em><\/p>\n<p><span style=\"font-weight: 400;\">Alexandria Ocasio-Cortez, \u00a0said in an interview with Anderson Cooper on Sunday&#8217;s 60 Minutes, &#8220;There&#8217;s an element where, yeah, people are going to have to start paying their fair share in taxes,&#8221; she said. &#8220;Once you get to the tippy-tops, on your 10-millionth dollar, sometimes you see tax rates as high as 60% or 70%. That doesn\u2019t mean all $10 million are taxed at an extremely high rate. But it means that as you climb up this ladder, you should be contributing more.&#8221;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On Friday morning, Politico reported that \u201cexasperated\u201d Democratic leaders on the Hill were striving to control Alexandria Ocasio-Cortez, U.S. Congresswoman and Bronx-native.<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_74 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/traders-paradise.com\/magazine\/2019\/01\/alexandria-ocasio-cortez\/#Alexandria_Ocasio-Cortez_proposed_higher_tax_rate\" >Alexandria Ocasio-Cortez proposed higher tax rate<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/traders-paradise.com\/magazine\/2019\/01\/alexandria-ocasio-cortez\/#In_support_of_this_thesis_the_Nobel_Prize-winning_Paul_Krugman_speaks\" >In support of this thesis, the Nobel Prize-winning Paul Krugman speaks.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/traders-paradise.com\/magazine\/2019\/01\/alexandria-ocasio-cortez\/#Alexandria_Ocasio-Cortez_belongs_to_millennials_generation\" >Alexandria Ocasio-Cortez belongs to millennials generation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/traders-paradise.com\/magazine\/2019\/01\/alexandria-ocasio-cortez\/#So_we_can_say_that_Ocasio-Cortezs_tax_plan_isnt_radical_at_all\" >So, we can say that Ocasio-Cortez\u2019s tax plan isn\u2019t radical at all.<\/a><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/traders-paradise.com\/magazine\/2019\/01\/alexandria-ocasio-cortez\/#Chart_The_Balance_Source_The_Office_of_Management_and_Budget\" >Chart: The Balance\u00a0 Source: The Office of Management and Budget<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/traders-paradise.com\/magazine\/2019\/01\/alexandria-ocasio-cortez\/#Survey_shows\" >Survey shows<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/traders-paradise.com\/magazine\/2019\/01\/alexandria-ocasio-cortez\/#The_bottom_line\" >The bottom line<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Alexandria_Ocasio-Cortez_proposed_higher_tax_rate\"><\/span><b>Alexandria Ocasio-Cortez proposed higher tax rate<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">She proposed a higher tax on the super-wealthy as part of a plan to finance the Green New Deal program.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">AOC is proposing to lift the top marginal tax rate to 70 percent on incomes starting at $10 million. This idea has drawn both praise and mockery from the whole the political spectrum.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The opponents&#8217; argument is that high taxes can make people work less. For example, if a well-to-do person takes home only $5,000 per hour instead of $7,000, he might cut back on the number of hours he works. But in real life, the effect is minimal.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Truth is that higher taxes are unlikely to reduce incentives, as the incentives to work are governed by the marginal utility of lost or gained income. Simply put when the wage of someone earning $22.000 per year can go up or down by $1.000 that person is well incentivized to make a decision about cutting back work hours. But when a person earning $10 mill a year, $1.000 of lost or gained income makes no change of the standard of living.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"In_support_of_this_thesis_the_Nobel_Prize-winning_Paul_Krugman_speaks\"><\/span><b>In support of this thesis, the Nobel Prize-winning Paul Krugman speaks.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Paul Krugman, in full Paul Robin Krugman, (born February 28, 1953, Albany, New York, U.S.), American economist and journalist who received the 2008 Nobel Prize for Economics for his work in economic geography and in identifying international trade patterns. <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A few days ago he asked one simple question in his column for the New York Times: <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/p>\n<p><a href=\"https:\/\/www.nytimes.com\/2019\/01\/05\/opinion\/alexandria-ocasio-cortez-tax-policy-dance.html\"><span style=\"font-weight: 400;\">&#8220;What does Alexandria Ocasio-Cortez know about tax policy?&#8217;<\/span><\/a><span style=\"font-weight: 400;\">&#8216;<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/p>\n<p><span style=\"font-weight: 400;\">And he gave the answer:<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8221;A lot.&#8221;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Detractors try to discredit this young woman by publishing allegedly, compromising photos and videos. AOC was dancing in college. What? <\/span><\/p>\n<p><span style=\"font-weight: 400;\">That&#8217;s the right&#8217;s hysterics! Also, some of them try to show that her policy is insane.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Paul Krugman wrote:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8221;The controversy of the moment involves AOC\u2019s advocacy of a tax rate of 70-80 percent on very high incomes, which is obviously crazy, right? I mean, who thinks that makes sense? Only ignorant people like \u2026 um, Peter Diamond, Nobel laureate in economics and arguably the world\u2019s leading expert on public finance. (Although Republicans blocked him from an appointment to the Federal Reserve Board with claims that he was unqualified. Really.) And it\u2019s a policy nobody has ever implemented, aside from \u2026 the United States, for 35 years after World War II \u2014 including the most successful period of economic growth in our history.&#8221;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">And Krugman added: <\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cA policy that makes the rich a bit poorer will affect only a handful of people, and will barely affect their life satisfaction since they will still be able to buy whatever they want.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">and <\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cIn other words, tax policy toward the rich should have nothing to do with the interests of the rich, per se, but should only be concerned with how incentive effects change the behavior of the rich, and how this affects the rest of the population.\u201d<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Alexandria_Ocasio-Cortez_belongs_to_millennials_generation\"><\/span><b>Alexandria Ocasio-Cortez belongs to millennials generation <\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Almost half of the millennials say they prefer socialism to capitalism. What do they mean? <\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cMy policies most closely resemble what we see in the UK, in Norway, in Finland, in Sweden,\u201d Alexandria Ocasio-Cortez told \u201c60 Minutes.\u201d <\/span><\/p>\n<p><span style=\"font-weight: 400;\">On the other side, critics of high taxes claim the policy stifles economic growth by reducing the incentive for people to work. But Sweden\u2019s employment rate is 77.5%, beating the U.S.\u2019s 71%. In terms of economic growth this decade, expanding 2.7% a year in Nordic countries, on average, compared with 2.2% for the U.S.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For a real-world example, critics and fans alike should look to Sweden. This Nordic country has a marginal tax rate of 69.7% on salaries above $79,000. That\u2019s almost 30 percents higher than in the U.S.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It is fantastic how many people don&#8217;t understand progressive taxation and marginal rates. <\/span><\/p>\n<p><a href=\"https:\/\/traders-paradise.com\/magazine\/2019\/01\/algorithms-fails\"><span style=\"color: #0000ff;\"><strong>YOU WOULD LIKE TO READ THIS: Embarrassingly algorithms make fails more often than you expect.<\/strong><\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Most interesting, it shows how few people understand that without progressive tax, you don&#8217;t get the infrastructure which allows people and businesses to prosper.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On the other side, some do.<\/span><\/p>\n<blockquote><p><b>Soak the rich. They should be happy we are not moving for a wealth tax.<\/b><br \/>\n<b>Indeed. High marginal tax rates or guillotines. Seems like an easy choice for me.<\/b><\/p><\/blockquote>\n<h2><span class=\"ez-toc-section\" id=\"So_we_can_say_that_Ocasio-Cortezs_tax_plan_isnt_radical_at_all\"><\/span><b>So, we can say that Ocasio-Cortez\u2019s tax plan isn\u2019t radical at all.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">And it certainly won\u2019t damage the economy in any significant way. But will the plan to yield a bounty of tax revenue for a Green New Deal or other major spending programs?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This question is more about maximizing revenues than about the marginal rates.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Krugman pointed:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8220;Or to put it a bit more succinctly, when taxing the rich, all we should care about is how much revenue we raise. The optimal tax rate on people with very high incomes is the rate that raises the maximum possible revenue.&#8221;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Wealthy people have eye-popping incomes. But there really aren&#8217;t that many of them.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The amount of money the tax would raise would yield roughly $72 billion a year. That would increase federal personal income tax revenue by about 3.9%. It would certainly not be nearly enough to pay for Ocasio-Cortez\u2019s Green New Deal.<\/span><br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-5110 size-full\" src=\"https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2019\/01\/alexandria-ocasio-cortez-is-she-right-4.jpg\" alt=\"Alexandria Ocasio-Cortez - is she right? 3\" width=\"695\" height=\"334\" srcset=\"https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2019\/01\/alexandria-ocasio-cortez-is-she-right-4.jpg 695w, https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2019\/01\/alexandria-ocasio-cortez-is-she-right-4-300x144.jpg 300w, https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2019\/01\/alexandria-ocasio-cortez-is-she-right-4-370x178.jpg 370w, https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2019\/01\/alexandria-ocasio-cortez-is-she-right-4-424x204.jpg 424w\" sizes=\"auto, (max-width: 695px) 100vw, 695px\" \/><\/p>\n<h6 style=\"text-align: right;\"><span class=\"ez-toc-section\" id=\"Chart_The_Balance_Source_The_Office_of_Management_and_Budget\"><\/span><span style=\"color: #00ccff;\"><em>Chart: The Balance\u00a0 Source: The Office of Management and Budget<\/em><\/span><span class=\"ez-toc-section-end\"><\/span><\/h6>\n<p><span style=\"font-weight: 400;\">But the point is, why wealthy people don&#8217;t like to share or, more important, to invest in their country&#8217;s progress.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Survey_shows\"><\/span><b>Survey shows<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">According to a Pew Research Center survey conducted Aug. 15-21 among 1,893 adults, more Americans say tax rates on corporations and higher-income households should be raised rather than lowered.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The result is: 24% say taxes on incomes over $250,000 should be reduced; 43% say they should be raised, while 29% favor keeping them the same as they are currently.<\/span><br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-5108 size-full\" src=\"https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2019\/01\/alexandria-ocasio-cortez-is-she-right-2.jpg\" alt=\"Alexandria Ocasio-Cortez - is she right? 1\" width=\"700\" height=\"421\" srcset=\"https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2019\/01\/alexandria-ocasio-cortez-is-she-right-2.jpg 700w, https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2019\/01\/alexandria-ocasio-cortez-is-she-right-2-300x180.jpg 300w, https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2019\/01\/alexandria-ocasio-cortez-is-she-right-2-370x223.jpg 370w, https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2019\/01\/alexandria-ocasio-cortez-is-she-right-2-424x255.jpg 424w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">According to the same survey, majorities of Democrats and Democrat-leaning independents favor raising tax rates on both corporations (69%) and high incomes (57%), while Republicans are more divided.<\/span><\/p>\n<p><a href=\"https:\/\/traders-paradise.com\/wall-of-shame\"><span style=\"color: #0000ff;\"><strong>YOU WOULD LIKE TO READ THIS: Traders Paradise wants to present you how rich is this world of scammers.<\/strong><\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">But while 70% of liberal Democrats say tax rates on household incomes over $250,000 should be raised, fewer than half of conservative and moderate Democrats (46%) say the same.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"The_bottom_line\"><\/span><b>The bottom line<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Historically, America used to have very high tax rates on the rich, even higher than AOC is proposing. The highest growth rate period was when the top marginal tax rate was 90%. That was the golden era of the post-WWII U.S. economy.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Let&#8217;s conclude this article with Krugman&#8217;s quote: <\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8220;Well, on the tax issue she\u2019s just saying what good economists say; and she definitely knows more economics than almost everyone in the G.O.P. caucus, not least because she doesn\u2019t \u2018know\u2019 things that aren\u2019t true.&#8221;<\/span><\/p>\n<p><a href=\"https:\/\/traders-paradise.com\/magazine\/2018\/07\/money-risk-trading\/\"><b>Risk Disclosure (read carefully!)<\/b><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>2 min read Alexandria Ocasio-Cortez, who just took her House seat to represent the Bronx, has sparked headlines by suggesting tax rates as high as 70 percent to finance a \u201cGreen New Deal.\u201d Alexandria Ocasio-Cortez, \u00a0said in an interview with Anderson Cooper on Sunday&#8217;s 60 Minutes, &#8220;There&#8217;s an element where, yeah, people are going to [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":12248,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[1004,1005],"tags":[709,710,711,221],"class_list":["post-5106","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-financial-news","category-market-today","tag-alexandria-ocasio-cortez","tag-aoc","tag-high-tax-rates","tag-millennials"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Alexandria Ocasio-Cortez - higher tax rates to finance a \u201cGreen New Deal\u201d<\/title>\n<meta name=\"description\" content=\"Alexandria Ocasio-Cortez has sparked headlines by suggesting tax rates as high as 70 percent to finance a \u201cGreen New Deal.\u201d\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/traders-paradise.com\/magazine\/2019\/01\/alexandria-ocasio-cortez\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Alexandria Ocasio-Cortez - higher tax rates to finance a \u201cGreen New Deal\u201d\" \/>\n<meta property=\"og:description\" content=\"Alexandria Ocasio-Cortez has sparked headlines by suggesting tax rates as high as 70 percent to finance a \u201cGreen New Deal.\u201d\" \/>\n<meta property=\"og:url\" content=\"https:\/\/traders-paradise.com\/magazine\/2019\/01\/alexandria-ocasio-cortez\/\" \/>\n<meta property=\"og:site_name\" content=\"Traders-Paradise\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradersParadisecom\" \/>\n<meta property=\"article:published_time\" content=\"2019-01-13T10:31:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-09-02T10:37:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2019\/01\/green-deal-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1100\" \/>\n\t<meta property=\"og:image:height\" content=\"733\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Editor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Traders_Paradis\" \/>\n<meta name=\"twitter:site\" content=\"@Traders_Paradis\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/traders-paradise.com\/magazine\/2019\/01\/alexandria-ocasio-cortez\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/traders-paradise.com\/magazine\/2019\/01\/alexandria-ocasio-cortez\/\"},\"author\":{\"name\":\"Editor\",\"@id\":\"https:\/\/traders-paradise.com\/magazine\/#\/schema\/person\/ce94bb3c5a52307ca7be58f0e7b93ffe\"},\"headline\":\"Alexandria Ocasio-Cortez &#8211; 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