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LARRY KUDLOW: Democratic Party socialism is unaffordable

It’s so interesting to me how these socialists who are taking over the Democratic party, are hiding behind the veil of affordability. They don’t want to tell you that their agenda is all about unaffordability, or in short wrecking the whole economy.  Think of this, they will tax all manner of wealth and income. Indeed, take candidate Abdul El-Sayed and Mayor Zohran Mamdani, who basically want to liquidate any of your gains from successful wealth…

Finance news

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Business

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Bill Ackman says Mamdani’s policies could deepen NYC housing crisis

Billionaire investor Bill Ackman warned that New York City’s rent freeze, tax policies and limits on development could worsen the city’s affordability crisis by discouraging construction and investment. In a wide-ranging interview with Fortune published Wednesday, the Pershing Square Capital Management founder argued that government policy is driving up housing…

Investing

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