Wednesday, March 13, 2019

AOC's Puppet Master, Corbin Trent, LIES...Again

Image result for Corbin Trent
Corbin Trent
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This is an interesting video that shows how Alexandria Occasio-Cortez "came out of nowhere" to become a Congresswoman - she came through a casting call.

In short, she's a paid parrot for a hidden group of far Left loons.

Corbin Trent co-founder (along with Bernie Sanders) of the PAC "Brand New Congress" claims, "40% of Americans, like 60 million Americans earn less than $20,000/year."
He's wrong about that.


He's also an idiot...just not quite as much of an idiot as Alexandria Occasio-Cortez, who couldn't even get her lines right. She parroted that mistaken factoid as, "200 million Americans make less than $20,000/year. That's 40% of Americans!"

Just how STUPID was Alexandria's goof? Well, 200 million Americans would be appx 65% of all Americans (there are 310 million Americans)...and NO, 40% of America's workers (which would be appx 61 million workers) DO NOT earn less than $20,000/year.

HOW do I know?

Thanks for asking.

Turns out, there aren't even 200 million workers in America! "In 2017, around 153.34 million people were employed in the United States." (https://www.statista.com/statistics/269959/employment-in-the-united-states/)

So, 40% of American workers would be appx 60 million U.S. workers, as Trent says. It's just that his number is about double the number of those actually earning $20,000/year or less. Where AOC got "200 million Americans" from...is anyone's guess.

As to what Americans earn, "The Census counted 114.6 million households in 2010, the most recent year for which it has published data. Some takeaways: Almost one household out of every four (24.9 percent) makes less than $25,000 a year. About one in three households (30.1 percent) made between $50,000 and $100,000.Jul 16, 2012 (https://www.cnbc.com/2017/08/24/how-much-americans-earn-at-every-age.html)

That 114.6 million U.S. households includes those completely dependent upon government assistance. (appx 12%). OK, so according to the above census figures appx 28 million, (including, presumably the appx 25 million [12%] fully dependent on government assistance) households earn less than $25,000/year, another appx 34.5 million earn between $50,000 & $100,000/year, and another 25% or 28.5 million households earn between $25,000 and $49,999/year. That accounts for appx 80% of U.S. households earning under $100,000/year, leaving over 23 million U.S. households (appx 20%), or 1 in every 5 American households earning over $100,000/year.

What's the average income in the U.S.?
"The median household income in the United States is $59,039, according to 2015 data from the U.S. Census." Aug 24, 2017 (IBID)

That average includes part time and per diem workers.

So, how much does an American have to earn, in order to be considered "rich"?

"This group of earners  ("the rich") makes at least two times the national median household income: $59,039 in 2016, according to the latest data from the US Census Bureau's 2016 American Community Survey. Nationally, the threshold for "rich" is $118,080, but that figure varies from city to city depending on the local median income." March 6th, 2018 (https://www.businessinsider.com/how-much-money-rich-people-earn-in-america-san-francisco-new-york-2018-2)

THIS is why "tax the rich," really means YOU, all you NY, NJ, CA & D.C. workers!

Moreover, given that the average income of all U.S. workers is just over $59,000/year, and almost a quarter of Americans (24.9%) earn less than $25,000/year, the bulk of this income data is impacted by the fact that widely varying costs-of-living and, by extension, wages across the country make direct wage comparisons between places like NY, NY and Des Moines, Iowa impossible.
As an example, in DesMoines, $73,800/year = $100,000/year in NYC. Seeing that, should make it more obvious how dishonest and flat out wrong the "think tank" behind AOC really is.

So WHO is Corbin Trent?

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