Democratic Socialism Is Dangerous, Summers Says
Bloomberg Television·2025-06-20 15:19
Every American is a citizen of New York. It's so much a cultural and financial hub of our country that what happens in New York is consequential for all of us. And I'm not an expert on the exigencies of the details of New York City economic policy, but I do think the Democratic Socialist program would be profoundly dangerous for New York, for the Democratic Party, and for the United States.The set of measures free college, free childcare, free mass transit, pioneer, free rent control, huge increases in the ...