A new report is detailing the devastating effects of socialism to national economy and the well-being of citizens.
According to a report from the Council of Economic Advisers (CEA), socialism is making a comeback in American politics led by some on the left. The report found Senators Bernie Sanders and Elizabeth Warren are pushing the narrative.
Additionally, researchers estimated the Democrat-proposed ‘Medicare for All’ would cause U.S. GDP to fall by nine-percent.
The report’s findings confirm President Trump’s previous statements.
“The Democrats don’t care that a flood of illegal immigration will bankrupt our country,” said the president.
“Democrats in Congress have already signed up for a socialist takeover of health care…the Democrats want America to become — it’s not even that they want it, but that’s what’s going to happen — Venezuela…Venezuela, how does that sound?”
The CEA report also stressed that socialist policies and government overreaches inevitably deprive citizens of economic opportunity and eventually destroy individual freedoms.