this post was submitted on 28 Aug 2025
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Trump’s brand of US capitalism faces ‘socialist’ backlash from conservatives (www.bbc.com)
submitted 2 weeks ago* (last edited 2 weeks ago) by Amoxtli@thelemmy.club to c/Conservatives@hilariouschaos.com
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The question is, is equity stake from government into private enterprises conservative? Is it wise for the government to own a failing company, which equity, or money, are not the source of the problem to begin with? In other words, trying to prop up a failing company, doesn't seem like a good money decision. There are are many moral implications of doing this.

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[–] Chucklestheclown@hilariouschaos.com 0 points 2 weeks ago

We aren’t. They bought shares in the company with chip money. This isn’t nationalizing a company. Obama did the same thing with bailout money. It’s how we secure the loan.