It's Not Socialism: Stop Pearl-Clutching Over Intel Deal
The U.S. government taking ~10% of Intel (INTC 3.35%↑) isn't "socialism." It's a strategic, minority state equity stake-a public equity injection-used as a tool of industrial policy. That's well within America's own tradition and common among countries that top economic-freedom rankings.
The U.S. government taking ~10% of Intel (INTC 3.35%↑) isn't "socialism." It's a strategic, minority state equity stake-a public equity injection-used as a tool of industrial policy. That's well within America's own tradition and common among countries that top economic-freedom rankings.
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