Rep. Alexandria Ocasio-Cortez won plaudits from critics for saying her congressional salary is her only income and she doesn't trade stocks.
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.
If someone made half a million a year I'd say they were rich... half a million in total assets would just mean you own a home and might have something saved for retirement.
I'm not saying that it's poor, and I know that there's a good chunk of America that's "worth" less than like 10k, and probably a good number of people who are in the negative, but half a million isn't fabulously rich.
Half a million is within reach for people who didn't start out dirt poor, got an education, and a professional gig. I say this as someone who would be worth less than 10k if I didn't inherit my home. A lot of people's Net Worth Includes things that they can essentially never turn into actual money, but it still acts as a money saving asset.
In todays economy half a million is like one house, and not an expensive one, a car, some savings and puff gone… oh and the taxes… yeah the taxes would take the rest.
Half a million is not poor poor but today it’s also not rich it’s like middle class premium maybe if you are really good at managing and saving money.