War Room: Peter Navarro and Steve Bannon Blast Democratic Socialists of America – “The Only Thing They do is Engineer a Massive Transfer of Wealth” (VIDEO)
War Room's Peter Navarro and Steve Bannon discussed the DSA, and their disastrous plan to drive up the national debt an additional $50 trillion if they were to gain power. The post War Room: Peter Navarro and Steve Bannon Blast Democratic Socialists of America – “The Only Thing They do is Engineer a Massive Transfer of Wealth” (VIDEO) appeared first on The Gateway Pundit.
Peter Navarro and Steve Bannon of War Room discussed the Democratic Socialists of America (DSA), labeling them communists with plans that could increase the national debt by $50 trillion. They argued that DSA policies like Medicare for All, wealth taxes, and defunding the police would lead to economic disaster and a debt-to-GDP ratio of 254% by 2030. Bannon and Navarro contend that the DSA’s agenda is not about growing the economy but about engineering a massive transfer of wealth.
- Peter Navarro and Steve Bannon discussed the Democratic Socialists of America (DSA) on War Room.
- They claim the DSA’s plans could increase the national debt by $50 trillion.
- Proposed DSA policies include Medicare for All, wealth taxes, rent control, open borders, and defunding the police.
- Bannon warned that such plans, if enacted, would cause the bond market to ‘go crazy’.
- Navarro stated that the increased debt would lead to a debt-to-GDP ratio of 254% by the 2030s.
- They believe the DSA’s objective is a ‘massive transfer of wealth’ rather than economic growth.
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