Yesterday was April Fools Day, so it seems fitting that it was the day Rep. Alexandria Ocasio-Cortez (D-NY) posted a demonstrably foolish tweet that once and for all proved how clueless she is on economic matters.
Here’s what she whined tweeted about:
Croissants at LaGuardia are going for SEVEN DOLLARS A PIECE 😱
Yet some people think getting a whole hour of personal, dedicated human labor for $15 is too expensive??
— Alexandria Ocasio-Cortez (@AOC) April 1, 2019
The freshman Congresswoman was called out soon after:
AOC: Why does this croissant cost $7? We should pay the workers who sell it $15 per hour!
::Price of croissants rise to $9::
AOC: Why does this croissant cost $9? We should pay the workers who sell it $17 per hour!https://t.co/wCUYkKpjFb— Ben Shapiro (@benshapiro) April 1, 2019
AOC on the correlation between the price of a croissant and supply and demand. pic.twitter.com/pe1EhvwptS
— TheBlaze (@theblaze) April 1, 2019
https://twitter.com/Communism_Kills/status/1112745104912076800
https://twitter.com/mikhaelsmits/status/1112793767403286530
It’s true. The minimum wage at La Guardia was raised last year. Gradual increases are in place now for the three Port Authority airports, and by 2023 the minimum will be $19/hour:
The change affects about 40,000 employees at JFK International and LaGuardia airports in New York City, and Newark Liberty International in New Jersey. Newark workers who now earn the $10.45 minimum will make $12.45 starting Nov. 1 [2018], then $15.60 in September 2019.
Those at New York airports will get $13.60 starting Nov. 1 [2018], then $15 when New York’s $15 minimum wage goes into effect on Jan. 1. Pay at all airports will rise annually, to $19 in 2023.
Sen. Ted Cruz (R-TX) got in on the Twitter action as well:
Oh the humanity! Here’s the answer: government-mandated FREE CROISSANTS FOR ALL. And we’ll just force the bakers to give all of their time for free. #SocialistLogic #AprilFools https://t.co/1mx00FegwS
— Ted Cruz (@tedcruz) April 1, 2019
Yahoo News “reports” I missed @aoc point. Uh, no. (1) LaGuardia croissants are $7 BECAUSE it is govt monopoly w/ $19 min wage. (2) Medicare for all promises “free” healthcare by forcing doctors (by analogy, bakers) to give away their labor for govt wages. https://t.co/OJyBVwsvxK
— Ted Cruz (@tedcruz) April 1, 2019
It would appear that Ocasio-Cortez just doesn’t understand basic economics:
Ryan Bourne, an economist with the free-market Cato Institute, said that basic economics indicates that costs are passed on to consumers, a phenomenon that tends to be more pronounced in areas where markets are less competitive. “An airport is a clear example of this. A higher minimum wage would therefore lead to higher prices, all else given, because customers have very few options to shop around,” he told the Washington Examiner.
This really is so simple that a member of Congress should be able to figure it out. You’d think so, anyway…
RELATED: High-Five Fail: The Brutal Truths AOC Ignores About Amazon’s Reversal
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—Sister Toldjah is a former liberal and a 15+ year veteran of blogging with an emphasis on media bias, social issues, and the culture wars. Read her Red State archives here. Connect with her on Twitter.–
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