Democratic Socialists of America in Financial Crisis, Can’t Afford to Hire ‘Capable Comrades’

Contact Your Elected Officials
The Epoch Times Header

The Democratic Socialists of America is mulling staff cuts as it laments a lack of funds to hire ‘capable comrades’ to work all day to push socialism in the US.

A Marxist caucus of the country’s largest socialist organization, the Democratic Socialists of America (DSA), accused top leaders of having mismanaged funds, leaving the organization in a dire “financial crisis” and facing layoffs.

The left-wing group, which counts Squad members Reps. Alexandria Ocasio-Cortez (D-N.Y.) and Rashida Tlaib (D-Mich.) among its ranks, is facing a “big deficit” and “a lot of talk about what to cut,” according to a trio of members of Bread & Roses, a national caucus of Marxist organizers within the DSA.

The socialist organization, which played a major role in pushing the Green New Deal into the highest reaches of the Democratic Party, is in a “seven-figure” hole that is probably “too big to fundraise our way out of,” the three socialist activists lamented in a Jan. 18 post on The Call, a publication of the Bread & Roses caucus.

The trio complained that the “financial crisis,” as some members of the DSA’s National Political Committee (NPC) described the situation in a proposal to cut staff, comes at a particularly bad time.

They believe the opportunity is ripe to foist socialism on the American people due to a revival of labor struggles and the Biden administration’s support for Israel in its war against the Hamas terror group.

Ideally, the organization would be “scaling up our operations to meet this moment, hiring fellow capable comrades who are excited to be paid to spend every working day thinking about how to get us closer to socialism.”

Instead, the DSA is “treading water,” deep in a financial hole because “top directors mismanaged our dues.”

“As a result, we are now left holding the bag and tasked with cutting expenses just to keep the organization afloat,” the trio said, adding that the DSA needs to come up with $2 million to break even.

Part of the plan put forward by some members of the DSA’s political committee is to cut $500,000 from staff-related expenses and “ask for volunteers from both director-level and bargaining unit staff to have their position cut.”

The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

James Franklin’s contract fallout

Penn State’s decision to fire head coach James Franklin after a disappointing 22–21 home loss to Northwestern will cost an estimated $56 million buyout. 

Trump’s Middle East Trip Led to Historic Breakthroughs

Trump’s bold, unconventional strategy helped end the Israel-Hamas war and set the stage for a more stable, prosperous Middle East.

Pretending Really Hard

The world is real and so are its problems, too. Reality is the enemy of liberals, even though they are pretending, really hard, that it is not.

Trump 2.0’s Eurasian Balancing Act Has Failed

Trump's Eurasian balancing act has failed due to his arrogant and aggressive approach towards all three countries.

Should Palestinian clans rebelling against Hamas be given Gaza?

Hamas’s October 7 attack exposed its violent ideology, showing cruelty toward its enemies and also against the Palestinian people it claims to defend.

Trump, Patel Confirm FBI Special Agents Will Get Paid During Shutdown

FBI special agents will receive their paychecks despite the government shutdown, according to President Donald Trump and FBI Director Kash Patel.

Trump Admin Withholds $41 Million From California Over English-Language Trucking Rules

Trump admin withholds $40.6M in California transportation funds, citing failure to meet federal English proficiency rules for truck drivers.

An Inconvenient Study – Feature Film

Journalist Del Bigtree challenged a top infectious disease expert in 2016 to a vaxxed vs. unvaxxed study. The long-hidden results are finally revealed.

Federal Judge Temporarily Blocks Trump Admin’s Shutdown-Related Layoffs

A federal judge on Oct. 15 temporarily blocked President Donald Trump’s plan to lay off certain federal employees during the government shutdown. 

Trump Names Longtime Adviser Dan Scavino to Key Personnel Position

One of President Trump’s longtime advisers, Dan Scavino, is going to be in charge of selecting and appointing key positions within the executive branch.

First Lady’s Effort Helped Reunite 8 War-Displaced Children With Their Families

First lady Melania Trump said 8 children impacted by the fighting between Ukraine and Russia were reunited with their families on Oct. 9.

Trump to Impose New 100 Percent Tariff on China on Nov. 1

President Trump said that the US will impose an additional 100 percent tariffs on Chinese goods and export controls on critical software starting on Nov. 1.

Trump Admin Agrees to $20 Billion Rescue Plan for Argentina

The U.S. government has finalized a $20 billion economic rescue plan for Argentina, Treasury Secretary Scott Bessent announced on Oct. 9.
spot_img

Related Articles

Popular Categories

MAGA Business Central