Summary
Rep. Alexandria Ocasio-Cortez denied claims that she is secretly wealthy, stating she is worth less than $500,000 and doesn’t trade stocks or take corporate money.
Her financial disclosures show modest savings and student debt.
Some conservatives on X, despite opposing her politics, praised her perceived integrity.
Accusations of political corruption have surged online, partly fueled by Elon Musk.
Half a million is not rich? Since when?
If someone made half a million a year I’d say they were rich… half a million in total assets would just mean you own a home and might have something saved for retirement.
I’m not saying that it’s poor, and I know that there’s a good chunk of America that’s “worth” less than like 10k, and probably a good number of people who are in the negative, but half a million isn’t fabulously rich.
Half a million is within reach for people who didn’t start out dirt poor, got an education, and a professional gig. I say this as someone who would be worth less than 10k if I didn’t inherit my home. A lot of people’s Net Worth Includes things that they can essentially never turn into actual money, but it still acts as a money saving asset.
In todays economy half a million is like one house, and not an expensive one, a car, some savings and puff gone… oh and the taxes… yeah the taxes would take the rest. Half a million is not poor poor but today it’s also not rich it’s like middle class premium maybe if you are really good at managing and saving money.
Half a million is within reach for people who didn’t start out dirt poor, got an education, and a professional gig.
No, it’s not.
To have that kind of money you have to have been born with it, be corrupt, have won a lottery¹, and / or have been born back when the world wasn’t yet as FUBARed as it is now.
1.— By winning a lottery I don’t necessarily mean a literal one. I mean that out of the million people with your exact same abilities, opportunities, and circumstances you’re the one lucky bastard who made it out without being chewed up and spat out by the world.
