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

5Mind. The Meme Platform
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.”

Contact Your Elected Officials
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.

Trump’s SCOTUS “Foreign Interests” Comment Explained

We've addressed claims Trump’s tariffs were illegal, but not his accusation that court members are influenced by foreign interests.

The Party Of Hate Is Unleashing Political Violence

Sec. Scott Bessent placed blame for violence against President Trump squarely on the Democrat Party who are “normalizing this violence. It’s got to stop.”

‘Radical Right’ Restore Britain: The Remigration Dream Machine?

There is nothing wrong with being white, male, or straight—you are not the problem. The issue lies in systems, not individuals, and flawed DEI policies.

Trump 2.0’s Grand Strategy Against China Is Slowly But Surely Coming Together

Casual observers think Trump acts without strategy, but Trump 2.0 is steadily executing a calculated plan aimed at countering China’s global rise.

From legacy to liability

"When the Washington Post cut a third of its shrinking staff, leaders called it 'strategic restructuring'—like calling an iceberg a 'necessary pivot.'!"

Democrats Lay Out Plans to Ride Affordability to ‘Big Blue Wave’ in Midterms

House Democrats opened their 2026 issues conference on Feb. 25 with a unified pitch to voters: The party that lowers costs wins in November.

15 States Sue RFK Jr. Over Changes to Vaccine Schedule

California and 14 other states sued federal health agencies and Health Sec. Robert F. Kennedy Jr. over the recently revised childhood vaccine schedule.

Larry Summers Resigns From Harvard in Epstein File Fallout

Former Harvard University president Larry Summers will step down amid fallout over ties to Jeffrey Epstein.

FBI Raids Home, Office of Los Angeles Schools Superintendent

The FBI served a court-authorized warrant at the home and district office of Los Angeles Unified School District Superintendent Alberto Carvalho.

10 Memorable Moments From Trump’s State of the Union Address

President Trump delivered the longest SOYU address in recorded U.S. history, punctuating it with emotional moments and real-life stories to illustrate policy.

Trump Proposes New Retirement Account for US Workers Without 401(k) Access

During his State of the Union, President Trump proposed a new retirement program giving Americans without 401(k)s access to savings accounts.

Trump Hails ‘Turnaround for the Ages’ in State of the Union

President Trump delivers first second-term State of the Union, touting economic gains and saying his America First agenda is working for Americans.

Trump to Announce New Policies in State of the Union Address, White House Says

White House press secretary Karoline Leavitt said President Trump’s first second-term State of the Union will feature new policy announcements.
spot_img

Related Articles

Popular Categories

MAGA Business Central