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Economics major Ocasio-Cortez can’t wrap her head around common phrase ‘human capital stock’

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It’s easy to forget that Rep. Alexandria Ocasio-Cortez, D-N.Y., is an economics major from Boston College, especially when she opens her mouth.

Or logs onto social media.

The self-avowed socialist was a little too eager to run with the left’s Orange Man Bad narrative after White House adviser Kevin Hassett used the standard economic term to describe the workforce: human capital stock.

“Our capital stock hasn’t been destroyed, our human capital stock is ready to go back to work,” Hassett said Monday on CNN, while talking about reopening the economy.

An indignant comrade Ocasio-Cortez took umbrage over the phrase.

“Human Capital Stock. An ugly term w ugly history, but for many powerful ppl it‘s their most honest view of workers: human stock. By their logic, the moment a person stops being useful to profit motive (retirement, health, etc) they are a liability. That’s the system we live in,” AOC tweeted.

But the radical lawmaker didn’t stop there.

Ocasio-Cortez epitomized the old saying that if you walk around carrying a hammer, everything looks like a nail when the freshman Democrat added race to the equation.

Yes, AOC played the race card, insisting the term “has roots in slavery.”

Let’s also not ignore the racial history of this terminology, which has roots in slavery,” she tweeted. “[And] it’s not just the terminology that’s racialized. Even today, the folks deemed as ‘human capital stock'(aka essential workers) are disproportionately Black, Brown, & low income White folks.”

How common is the term?

Former President Barack Obama has used it, as well as his administration, as seen below:

Of all the responses to the story, an offering from trade attorney Scott Lincicome won the internet for the day.

“Just wait till she hears about dummy variables,” he tweeted.

Here’s a sampling of other responses to the story from Twitter:

Tom Tillison


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