Former bartender and Congress Critter-elect Democratic Alexandria Ocasio-Cortez Alexandria Ocasio-Cortez claims, with no convincing evidence, to have studied economics. One wonders just where, from Daily Caller :
Democratic Rep.-elect Alexandria Ocasio-Cortez of New York slammed the electric car company Tesla Monday night for failing to give American taxpayers a return on their “investment.”
Ocasio-Cortez made the jab during a climate change town hall organized and hosted by self-proclaimed socialist Sen. Bernie Sanders of Vermont.
“When we as a public choose to invest in new technologies, we deserve a return on that investment,” Ocasio-Cortez said while talking about the broader Progressive agenda to fund renewable and green technology research with taxpayer money.
Funny about this so-called public investment. Nobody ever asked me if I was fine with shoveling public tax dollars at Elon Musk. Investors, public or otherwise, are not entitled to a guaranteed profit. Rather they entitled to open and honest disclosure of the known risks and potential rewards. Moreover, there were myriad of willing potential investors to put their hard earned money on a wise and prudent investment opportunity. That is if Musk able to make his case.
I am sure that Musk tried. Nobody other than a complete idiot was take on the government as a partner, and Musk is no complete idiot. So Musk tried, and Musk failed. He then took his tin cup to the federal government.