WHAT A SHAME: The Democratic Socialists of America Are Going Broke, May Have to Lay Off Staff

by Mike LaChance at thegatewaypundit.com

The Democratic Socialists of America, one of AOC’s favorite political organizations, is facing a serious financial crunch and may have to lay people off.

Who knew that socialists would have such a hard time managing funds? It looks like they finally ran out of other people’s money.

Of course, this could have something to do with the insane pro-Hamas demonstrations that many of their members have participated in in recent months.


The New York Post reports:

Democratic Socialists face seven-figure ‘crisis’ amid Palestinian support that may force dreaded layoffs of staff

The Democratic Socialists of America are red all over — with a financial situation so dire that some leaders are demanding job cuts and the layoff of staffers just like a corporate America entity, The Post has learned.

The DSA — which has led protests against Israel over the Jewish state’s retaliatory response to Hamas’ Oct. 7 terror attack — is deep in a seven-figure hole and desperately in need of a way to stanch the red ink, members acknowledge.

“We will cut $500,000 from staff-related expenses. We will first ask for volunteers from both director-level and bargaining unit staff to have their position cut and receive severance,” according to a proposal advanced by members of DSA’s National Political Committee affiliated with its Marxist Bread and Roses caucus.

“If necessary, we will then explore initiating lay-offs according to the DSA union’s contract,” the DSA officers said.

The situation appears to be a case of an organization that blindly seeks utopia and professes support of the working class clashing with reality — forcing it to have to balance a budget like the rest of America and even contemplate layoffs hated by labor unions.