Steve Forbes to Newsmax: Dems Sneak in 'Modern Socialism'
(Newsmax's "America Right Now")
By Eric Mack | Saturday, 06 November 2021 01:42 PM
Democrats are getting more creative in how they are injecting socialism into American economics, politics, and governmental policy, economist Steve Forbes warns on Newsmax.
"It's not just about subsidies, it's about control, making sure more and more aspects of your life are in government control, more businesses are in government control," Forbes told Saturday's "America Right Now" host Tom Basile.
"This gets at something, Tom, very important: Socialism no longer means having to take over something, owning something – you regulate it so business can't survive without the sufferance of the politicians. That's the modern socialism."
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READ MORE: https://www.newsmax.com/newsmax-tv/steve-forbes-socialism-democrats-tax-and-spend/2021/11/06/id/1043573/
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Forbes warned this is "bad stuff" that can change American government policy and economics for generations.
"This is just the beginning of a massive wealth tax and giving the IRS the powers to go and see everything you do, everything you buy to make sure you're not getting too wealthy," Forbes concluded.
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