{"id":131233,"date":"2026-05-08T14:02:54","date_gmt":"2026-05-08T18:02:54","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/aoc-called-out-for-claim-that-billionaires-cant-earn-their-wealth-as-she-doubles-down-on-remarks-131233"},"modified":"2026-05-08T14:02:54","modified_gmt":"2026-05-08T18:02:54","slug":"aoc-called-out-for-claim-that-billionaires-cant-earn-their-wealth-as-she-doubles-down-on-remarks","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/aoc-called-out-for-claim-that-billionaires-cant-earn-their-wealth-as-she-doubles-down-on-remarks-131233","title":{"rendered":"AOC called out for claim that billionaires ‘can’t earn’ their wealth as she doubles down on remarks"},"content":{"rendered":"
\n

Rep. Alexandria Ocasio-Cortez<\/a>, D-N.Y., was called out for her claim that an individual “can’t earn a billion dollars,” as critics rejected the idea and accused the progressive “Squad” member of lying.<\/p>\n

Appearing on comedian Ilana Glazer\u2019s podcast, “It\u2019s Open,”<\/u><\/a> Ocasio-Cortez suggested that the very existence of a ten-figure net worth is a policy failure rather than a personal achievement.<\/p>\n

“You can\u2019t earn a billion dollars,” she told Glazer<\/a>. “You can get market power. You can break rules. You can do all sorts of things. You can abuse labor laws. You can pay people less than what they\u2019re worth. But you can\u2019t earn that, right? And so you have to create a myth … you have to create a myth of earning it.”<\/p>\n

BILLIONAIRE DEMOCRATIC GOV PRITZKER DEFENDS HIS WEALTH AS PARTY RAILS AGAINST THE RICH<\/strong><\/a><\/p>\n

The New York Post’s Miranda Devine posted a facepalm emoji in response to AOC’s suggestion.<\/p>\n

Daily Wire co-founder Ben Shapiro<\/a> called Ocasio-Cortez’s claims a lie.<\/p>\n

“Lies. Billionaires get rich by innovating and risk-taking, offering new and better goods and services at prices people are willing to pay,” he wrote on social media. “Government makes cash through confiscation. AOC’s conspiratorial, envious view of the world leads to impoverishment and tyranny.”\u00a0<\/p>\n

Paul Graham, an author and entrepreneur, wrote, “Sure you can earn a billion dollars. I’ve been teaching people how to do it for 20 years. The way you do it is to start a company that grows fast. You don’t have to do anything bad to make a company grow fast. You just have to make something people want.”<\/p>\n

Mark Hemingway, a senior writer at Real Clear Politics, said the full conversation was much worse than the clip that has gone viral.<\/p>\n

“AOC is rightfully getting roasted for this, but it\u2019s so much worse than this short clip. The amount of empty-headed lefty buzzwords<\/a> and whining about ‘genocidal frameworks’ on this podcast is just astounding,” he said on X.<\/p>\n

During the interview, Ocasio-Cortez framed economic insecurity<\/u><\/a> not as a result of individual choices, but as a byproduct of a system that forces working-class Americans to internalize financial hardship.<\/p>\n

“It\u2019s not that Walmart pays less than a living wage,” Ocasio-Cortez said, mimicking the mindset she believes is forced upon the public. “It\u2019s that I\u2019m poor, and I didn\u2019t work hard enough, so I didn\u2019t earn a better station in my life.”<\/p>\n

She further tied the wealth gap to the country’s current cultural divisions, suggesting that economic anxiety is being redirected toward marginalized groups.<\/p>\n

“In an era of extreme income inequality, I don\u2019t think it\u2019s a coincidence that this xenophobia and anti-immigrant feeling<\/u><\/a> is happening at the same time,” she said.<\/p>\n

ELIZABETH WARREN CALLS ON DEMOCRATS TO REJECT BILLIONAIRE DONORS AHEAD OF 2026 AND 2028 ELECTIONS<\/strong><\/a><\/p>\n

Noah Smith, the author of an economically focused Substack, expressed concern about the Democratic Party’s<\/a> direction in reaction to the clip about Ocasio-Cortez.<\/p>\n

“I am concerned that the Dems are becoming the party of ‘millionaires who resent billionaires,'” he wrote. “‘I made my millions fair and square, but you cheated and exploited the workers to make your billions, you capitalist pig!'”<\/p>\n

Jennifer Sey, founder and CEO of XX-XY Athletics, asked, “So how do these ladies feel about billionaire Tom Steyer trying to buy the CA governor\u2019s race with his unearned billions? Or Daniel Lurie buying the SF mayoral race? Those billions are ok?”<\/p>\n

Reason editor Robby Soave wrote, “This is just abjectly false from beginning to end. What she’s doing here is trying to provide a moral justification for mass wealth confiscation<\/a>, since in her view it is never earned legitimately.”<\/p>\n

The Atlantic’s Conor Friedersdorf wrote, “There are billionaires who accrue wealth via theft or rent-seeking, and they should be stopped. But others can and do generate more than a billion in real value for others. In different realms, Bill Gates and Jay Z both did. Incentivizing that sort makes all of us better off.”<\/p>\n

RILEY GAINES AND OCASIO-CORTEZ TRADE BARBS AS CONSERVATIVES DEFEND THE FORMER SWIMMER IN ONGOING DISPUTE<\/strong><\/a><\/p>\n

Twitch founder Michael Seibel also said he disagreed with AOC’s messaging.<\/p>\n

“I strongly do not agree. This populist messaging is counterproductive<\/a>. AOC teaching people that wealth = immorality is in opposition to the American dream,” he wrote.<\/p>\n

CLICK HERE FOR MORE COVERAGE OF MEDIA AND CULTURE<\/strong><\/a><\/p>\n

Ocasio-Cortez addressed some of the reaction she was getting to the claim, and doubled down.<\/p>\n

“Some people get enraged that I draw attention to this,” she wrote on X, in addition to a lengthy explanation about her remarks. “That\u2019s on them. Let them call me shrill, dumb, inexperienced, girly, uneducated \u2014 these folks will say anything to distract from or undercut the truth that working people are getting screwed, and giving people a fair shake means we must have a grown conversation about reigning in abuse of power.”\u00a0<\/p>\n

Fox News’ CJ Womack contributed to this report.<\/i><\/p>\n<\/div>\n

Source – https:\/\/www.foxnews.com\/media\/aoc-called-out-claim-billionaires-cant-earn-wealth-she-doubles-down-remarks <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Rep. 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