x.com/paulg/status/2053042500789575877
1 correction found
Initially you said it was impossible to make a billion dollars without resorting to dubious tricks. Now you merely say that billionaires "often" do.
This misstates AOC’s position. Her earlier quote was that you can’t *earn* a billion dollars, not that it’s impossible to *make* one; and in her later post she again explicitly said someone can certainly *make* a billion dollars.
Full reasoning
Paul Graham’s post says AOC initially claimed it was impossible to make a billion dollars without “dubious tricks,” and that she has now softened that to saying billionaires only often use such tactics.
But the source material does not say that.
- In the podcast coverage quoting AOC’s original remarks, she said: “You can’t earn a billion dollars. You just can’t earn that.” She then listed examples such as getting market power, breaking rules, abusing labor laws, or underpaying workers. That is a claim about earning versus making, not a blanket statement that it is impossible to make a billion dollars.
- In the post Graham was replying to, AOC again made the same distinction explicitly: “Someone can certainly make a billion dollars. That’s not the same thing as earning.”
So the tweet is inaccurate in two ways:
- It replaces AOC’s actual word “earn” with “make,” changing the substance of her claim.
- It presents her later post as a retreat from her earlier position, even though her later post repeats the same make/earn distinction rather than conceding that honest billion-dollar fortunes are possible.
Because AOC’s own words directly contradict Graham’s characterization, this is a factual misstatement of what she said.
2 sources
- AOC Says Billionaires Create a Myth: 'You Can't Earn $1 Billion'
“You can't earn a billion dollars. You just can't earn that. You can get market power, you can break rules, you can abuse labor laws, you can pay people less than what they're worth, but you can't earn that.”
- AOC post replying to Paul Graham (via FixTweet API)
“Someone can certainly make a billion dollars. That's not the same thing as earning.”