Summary
Rep. Alexandria Ocasio-Cortez denied claims that she is secretly wealthy, stating she is worth less than $500,000 and doesn’t trade stocks or take corporate money.
Her financial disclosures show modest savings and student debt.
Some conservatives on X, despite opposing her politics, praised her perceived integrity.
Accusations of political corruption have surged online, partly fueled by Elon Musk.
Americans are obligated to save individually for retirement and tax-incentivized to stockpile appreciating assets in personal trusts, in anticipation of becoming too old to work.
It is not that unusual at all for a 30-something professional earning a six-figure salary to set aside 10-20% of that in savings. I suppose you can argue Congresscritters are overpaid and therefore anyone in a federally elected office is de facto not trying to help people. But then you’ve got a problem with how we handle retirement, not with how AOC handles her politics.
Obligated? Most people have to wipe out their retirement funds when they get sick or have to bury their parents