Source: Cato Institute
by Scott Lincicome
“Readers might assume that, if forced to choose which U.S. policy shift was the year’s most important, I’d quickly blurt out ‘tariffs’ (before collapsing into a quivering heap), and—given the radical changes Trump has unilaterally and chaotically implemented in 2025—there are certainly good reasons for that choice. Yet there’s another, less-discussed policy change that could very well be more consequential over the long term—and one that, unlike tariffs, represents a truly radical break from how the United States has done business for a century: the Trump administration’s repeated efforts to give Uncle Sam a direct and permanent financial stake in numerous private, commercial companies.” (12/17/25)
https://www.cato.org/commentary/year-america-went-kinda-socialist