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.
TL;DR
- 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.