Author Topic: The Democratic Socialists of America are Broke, In Debt, and Beginning Mass Layoffs.  (Read 343 times)

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Offline rangerrebew

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The Democratic Socialists of America are Broke, In Debt, and Beginning Mass Layoffs.

Leaders of the Democratic Socialists of America (DSA) are admitting the far-left political organization is broke and running significant deficits — throwing the group’s future into question. DSA’s National Political Committee members acknowledged the group had seen a “decline in revenue, membership, and overall excitement” in an announcement to the organization’s Bread & Roses Caucus. Layoffs are being floated to solve the group’s fiscal situation.
$2 Million In The Hole.

Budget documents show the DSA is on track to incur $7 million in expenses for 2024, while the group only anticipates total revenue at $5 million. The organization’s Treasurer believes the group can buy itself another year to bring its books in order if it narrows its 2024 deficit to between $821,000 and $921,000. This still leaves a roughly $1.2 million gap that needs to be closed.
 
Layoffs Seen As The Only Way Out.
Taking a page from the corporate America playbook, the DSA is suggesting the organization adopts voluntary buy-outs for employees — beginning with non-union director-level staff but moving to unionized staff. Additionally, they say they believe the group should delay hiring a new executive director following the departure of Maria Svart.

https://thenationalpulse.com/2024/01/24/the-democratic-socialists-of-america-are-broke-in-debt-and-beginning-mass-layoffs/
The legitimate powers of government extend to such acts only as are injurious to others. But it does me no injury for my neighbor to say there are twenty gods, or no god. It neither picks my pocket nor breaks my leg.
Thomas Jefferson

Offline rangerrebew

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Is a secret bailout from Biden in the works? :pondering:
« Last Edit: January 25, 2024, 06:11:36 pm by rangerrebew »
The legitimate powers of government extend to such acts only as are injurious to others. But it does me no injury for my neighbor to say there are twenty gods, or no god. It neither picks my pocket nor breaks my leg.
Thomas Jefferson

Online DefiantMassRINO

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They ran out of other people's money to spend.

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Offline LMAO

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Which would happen to America if they were able to implement their wish list
I have little interest in streamlining government or in making it more efficient, for I mean to reduce its size. I do not undertake to promote welfare, for I propose to extend freedom. My aim is not to pass laws, but to repeal them.

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Offline rangerrebew

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Which would happen to America if they were able to implement their wish list

They're pretty close right now.
The legitimate powers of government extend to such acts only as are injurious to others. But it does me no injury for my neighbor to say there are twenty gods, or no god. It neither picks my pocket nor breaks my leg.
Thomas Jefferson