Carol Roth: AOC wrong on bootstrapping — she should celebrate it, not misinform Americans - News Summed Up

Carol Roth: AOC wrong on bootstrapping — she should celebrate it, not misinform Americans


But, she doubled-down on the backlash, trying to make her point using a statistic that 60 percent of the wealth is inherited. JUSTIN HASKINS: SANDERS, AOC AND OTHER SOCIALISTS ARE WRONG – SOCIALISM IS A CAUSE OF POVERTY, NOT THE CUREI countered this with facts, which is my go-to strategy. If the 60 percent inheritance stat is correct, that means that with $98 trillion in wealth in this country, if 40 percent was bootstrapped, that would be $39.2 trillion worth of first-generation bootstrapped wealth. I haven't individually verfied these stories but there are literally hundreds and hundreds of them. The best way to combat the misinformation around opportunity in America is straight from the mouths of those who have bootstrapped their way to success.


Source: Fox News February 09, 2020 15:11 UTC



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