AOC’s economic illiteracy continues to shock, amaze and depress

By Matt Rooney

If the Green New Deal wasn’t evidence enough of young Alexandria Ocasio-Cortez’s extreme economic illiteracy, Save Jerseyans, than her latest comments on Amazon’s New York pull-out will settle the case once and for all.

Yes, plenty of sane people believe corporate welfare is a short-sighted strategy for economic development.

No, tax breaks aren’t direct giveaways. Money is generated by a business and then NOT taxed. The un-taxed cash is in the company’s accounts, not a government vault. But AOC doesn’t seem to get that; she’s been making the round this week (and last) telling reporters that New York should invest the $3 billion in the community instead of Amazon.

It doesn’t work like that…