Please consider this amusing Tweet.

Yes, I understand her point about inflation.

But if we paid AOC what she was worth, she would owe us money.

Mike "Mish" Shedlock

RECOMMENDED ARTICLES

As Companies Scramble to Raise Cash, Even Junk Gets Strong Bid

Companies are raising cash while they can. It's easy enough to do even for bottom tier junk.

Wal-Mart is not Costco; So Why Should it Pay Like Costco?

President Obama, the unions, and Democrats in general are attempting to force Wal-Mart to raise its minimum wage.

Pay Hikes in 2020: What Do You Expect?

Every month the New York Fed does a survey of household expectations. Let's take a look at the findings.

Logical Solution to EU's Migration Problem: Build a Wall, Make Africa Pay For It

The EU meets today in a futile attempt to solve a near impossible problem. A page from Trump's playbook might help.

Fed Hikes Quarter Point, Raises Economic Forecast

As expected, the Fed hiked a quarter of a point. Growth projections are up from December.

Acting Man Defends Marc Faber

Acting Man founder Pater Tenebrarum (an alias name) defends Marc Faber. Tenebrarum says the Faber quotes are out of context. He provides a link to the complete statements.

Boris Johnson Throws Down the Gauntlet: No Backstop, Not Even Temporary

Boris Johnson laid down the ground rules for discussion with the EU. The EU says it won't accept them.

Three Cheers for MP Daniel J Hannon: Why Not a Better Brexit Deal For Everyone?

The EU values political correctness more than jobs. The result was a collapse in support for Angela Merkel, and the rise of AfD and FDP in Germany. Let’s not forget Marine Le Pen in France, Beppe Grillo in Italy, and the far right in Austria.

Paying Down Christmas Debt: How Long Will It Take

Consumers splurged this Christmas. GDP will rise. Hooray. But how long will it take for consumers to pay off their debt?