The statement is made at the margin. It's still wrong, but please don't give AOC the gift of flawed rebuttals, or even exposure. It's Trump's 2016 playbook to a T. Say something outlandish that directionally appeals to the base, and get tons of exposure as opposition corrects it.
Huge if true. We could build a new $3.6 trillion city and erase the national debt in one fell swoop. We could call it...............Venture Capital.https://twitter.com/JoeConchaTV/status/1093544586641850368 …
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If following VC pattern, 70% of the city would be rubble/incomplete, 20% would be built but underutilized and the remainder would be a single, excessively tall tower that everyone lived in. With a ‘Mission Accomplished’ banner.
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Government is the first VC, with the lowest WACC
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This is taught in intro to macro economics The concept is the velocity of money.
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