Dear Chris Hayes – Do You Even Econ, Bro? [VIDEO]

Dear Chris Hayes – Do You Even Econ, Bro? [VIDEO]

Dear Chris Hayes – Do You Even Econ, Bro? [VIDEO]

The left’s latest socialist Kewpie doll fad Alexandria Ocasio-Cortez was a guest on the Daily Show the other day, and even with a super friendly host, her appearance was as cringeworthy as you can imagine. With her usual Crazy Eyes excitement ignorance on full display, Cortez once again tried to explain how she would pay for all the free shit she wants to dole out to the incapable, hardly capable, unwilling, and downright entitled and lazy.And when I say “tried to explain,” I mean failed miserably, but you already knew that!

But never fear, dear Alexandria, because your white knight is here to save you from… well… yourself.

Sort of.

Enter MSNBC’s Chris Hayes, which automatically means y’all should run and get your popcorn, because this is going to be good.

Hayes, whose stellar economics credentials include a BA in philosophy from Brown – you know, that paragon of higher education where students two years ago were demanding extensions on their assignments, because SOCIAL JUSTICE ACTIVISM IS HAAAAAAAARD! – and a privileged wife whose daddy is veteran Chicago reporter Andy Shaw, decided to help Cortez out by letting her cheat off his exam giving her a possible answer to the question about how she plans to pay for her “FREE SHIT FOR EVERYONE!” agenda.

We’re a rich country. We’ll figure it out. Oooh boy! Where to start with this hot mess!

We apparently, found “literally trillions of dollars” post-9/11. You know how we “found” it, Chris? We ran up our national debt. That means we didn’t have the money. We didn’t find it. We borrowed it, you economically illiterate twit!

The national debt by the end of FY2001 – right after the attacks happened – was roughly $5.8 trillion. By the time the ISAF mission ended in Afghanistan in 2014, our national debt at the end of that fiscal year was $17.8 trillion. That’s money we had to borrow – not find somewhere in the couch cushions, which is what your fuckwitted viewers do when their Doritos and dubage fund gets depleted until the next paycheck from Starbucks comes in.

Now, 9/11 turned everything on its ear. It was a national emergency that no one expected, and no one planned for the massive borrowing we had to do to modernize our armed forces and rebuild our national security apparatus. I’m certainly not happy about the massive debt increase, but when your roof collapses, you need to repair it – even if you have to put the cost on a credit card.

Spending on Alexandria’s “FREE SHIT” agenda is certainly not a matter of national security. It’s more like that really nice Lamborghini you saw and decided to finance, because you didn’t have the money to purchase it out right, but you still wanted it really badly.

Do you know why people have to borrow money, you howling shit gibbon? Because they couldn’t just “find it.”

Others called Chris on this uncomfortable fact, but he apparently dug in, because he has zero comprehension of how the national economy works.

Cause, like, you know – writing a check totally means you have money, right? And, like, when your mom and dad give you money, it’s, like, totally yours, so, like, you have it, see? Cause mom and dad won’t ask you to pay them back – especially not with interest!

Because, like, dude… the check cleared, just like your mortgage, so yeah.

I’m facepalming so hard right now, I may be touching my brain, because it’s screaming in agony. I slept through my econ and finance classes at college – literally napped (when I wasn’t coming in drunk) – and even I understand how utterly, spazfuckingly assclownish that statement is.

So Hayes wants to borrow MOAR MONEY to pay for Alexandria’s dillfuckery.

At the end of FY2017, our national debt was more than $20.2 trillion – TRILLION with a “T.”

The interest on the debt in FY2018 is the fourth largest item in the budget.

The interest on the debt consumes 7.4 percent of the FY 2018 U.S. federal budget. That makes it the fourth largest budget item. The only four expenses that are bigger are Social Security benefits ($987 billion), military spending ($874.4 billion), Medicare ($582 billion), and Medicaid ($400 billion).

Note how much already gets spent on entitlements, but Hayes wants to spend more, because FREE SHIT! So we can borrow more, because FREE SHIT!

How much more? Well, Bernie’s health care plan alone would have cost more than $57 Trillion over the next 10 years – even more than what the campaign and conservative economists predicted – and we can safely assume that Alexandria’s plan is similar, but that doesn’t even include her “free” college plans and the other free shit she plans to dole out at your expense.

So she claimed she could raise, like, $2 trillion by taxing the fuck out of the “rich,” who already pay the  majority of federal taxes, which apparently is not enough, because INCOME INEQUALITY! LOOPHOLES! Well, that doesn’t even come close to what is needed.

Then, even if we cut ALL discretionary spending – everything except entitlements, so no more defense spending at all, but also no spending for HUD, transportation, education, or any of the other goodies that the left loves to dole out because it makes them look like they give a shit about the general public – which let’s say averages about $1.1 Trillion per year, that’s only about $11 Trillion we’d have over the next 10 years to spend on health care alone.

Still not enough.

And yes, I know I’m oversimplifying.

But hey, let’s borrow more. That way we’ll be spending even more of the federal budget on interest payments for the debt, until it consumes everything, leaving no more free shit to give out! We literally have borrowed more than our actual GDP. If we were applying to join the European Union, they probably wouldn’t allow us in, because the Maastricht Criteria for joining the EU caps the debt at 60 percent of GDP.

We already knew Ocasio-Cortez was a flaming dumpster fire, even with her dual degree in economics and international studies from Boston University, through which she apparently napped, because she knows exactly jack and shit about either one. But the douchey pajama boy, hopping in on his mentally challenged white steed to save her bony arse is even more entertaining!

Carry on, Chris. I need some levity today.

Written by

Marta Hernandez is an immigrant, writer, editor, science fiction fan (especially military sci-fi), and a lover of freedom, her children, her husband and her pets. She loves to shoot, and range time is sacred, as is her hiking obsession, especially if we’re talking the European Alps. She is an avid caffeine and TWD addict, and wants to own otters, sloths, wallabies, koalas, and wombats when she grows up.

8 Comments
  • Skid Marx says:

    I get all my financial advice from Chris Hayes. (not really) Trying to find a quote online that someone made about Chrissy to the effect that any society that gives person like this a platform to speak from is doomed.
    Cortez is a poseur that someone who grew up in a single mother working two jobs home can spot a mile away.
    This useless idiot grew up on the right side of the tracks with a father who was an architect.

  • willie says:

    I’m just waiting for the memes of “the Nobel Prize winning economist’ portion of this clip. This is a person on the way to DC to write laws. God help us all

  • willie says:

    Please, please, please, realize that social security is not an entitlement. This is a retirement fund paid into faithfully by employees & employers. It should never have been touched by the government

    • Marta Hernandez says:

      I fully realize this. But they’re called entitlements. That doesn’t mean I don’t understand what social security is.

    • GWB says:

      You’re wrong, in that SS is NOT a “fund” in the sense that my 401k is a “fund”. You are not paying into it for your benefit. It is a gov’t-guaranteed retirement income, and current payers are directly paying for those currently receiving it. IOW, it is exactly like welfare, with the exception that it is (mostly) based on your prior earnings.

      You don’t “deserve” SS because “you paid into it for all these years”. It is a direct-paid entitlement, financed by everyone still working.

      • Marta Hernandez says:

        IIRC – and I may be misremembering – that at some point it was a fund, but it wasn’t ring fenced and congress started appropriating money from there decades ago. It was supposed to have been a separate pot.

        Now it’s just a Ponzi scheme. I don’t expect to see any of the thousands and thousands of dollars I’ve paid into it when I retire. Retirees are living longer and requiring more and more medical care, so more and more nondiscretionary income is being spent on entitlements. They also raised the cap in 2016, so they’re taking even more out of our paychecks each month, which turned the tiny little raise I received into a pay cut.

  • GWB says:

    No one spelled out “how to pay for it” ahead of time
    Maybe not, but a lot of us demanded it at the time.

    no one planned for the massive borrowing we had to do to modernize our armed forces and rebuild our national security apparatus
    Well, again, some of us had been demanding it for about 8 years. You re-invest a dividend – even a “peace dividend”. You don’t go out and spend it on hookers and blow.

    That makes it the fourth largest budget item. The only four expenses that are bigger
    I’ll just leave this here:
    https://youtu.be/7WJXHY2OXGE?t=43
    It hurts credibility to make a mistake like that. (It may be considering SS to not be a “budget” item, but that’s not what they wrote.)

    by taxing the fuck out of the “rich,”
    I loved Instapundit’s reply to the idea.

  • skillyboo says:

    Confiscation of 401k’s and IRA’s. That is how they’ll pay for it.

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