Trump the Socialist

~Opinion/Editorial~ EDITORIAL “

America will never be a socialist country!” says President Donald Trump. I hope not.

Trump rightly declared socialism “the wrecker of nations and destroyer of societies.”

But I fear he’s confused about what socialism is. “Trump says he’s against socialism, but he is having the government get involved in owning companies and directing companies,” complains economist Daniel Mitchell in my new video.

When Trump took 10% of Intel, his commerce secretary, Howard Lutnick, said, “It’s not socialism. This is capitalism!”

But when government takes partial ownership of companies, that is socialism.

I said to Mitchell, “It’s just 10%.” “It doesn’t have to be 100%,” he replies. “If you’re Intel, there’s no way you’re going to antagonize the Trump administration or some future AOC administration by doing something that the government doesn’t like.”

Even Trump worries about that, saying, “I’m a little concerned whoever that president might be.” “I don’t trust Donald Trump to control the share correctly,” says Mitchell, “but I definitely don’t trust some of the folks on the left. All of a sudden, you’ve created this precedent of government being a senior partner sitting in the boardroom ... It’s going to be a disaster for