Matt!
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V Magazine - Honey, Meet Lace & Dixie: Margaret Qualley & Talia Ryder on “Honey Don’t!” and Their Musical Alter Egos https://vmagazine.com/article/honey-meet-lace-dixie-margaret-qualley-talia-ryder-on-honey-dont-and-their-musical-alter-egos/
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Everything is socialism if you stretch the definition enough, but that's not the point here. Subsidies aren’t the same thing as direct ownership. If every incentive is "socialism", then the entire tax code makes America socialist — which is bs (at least for now). The CHIPS Act was an industrial policy aimed at encouraging manufacturing, similar to tax breaks for Tesla or defense contracts for Boeing. But the government taking a 10% equity stake in Intel at a discount? That’s not incentive, that’s ownership. That’s the line between policy and control and that’s why it deserves to be called government overreach. Hence,
Supporting and owning are two very different things in this context. The CHIPS Act gave Intel subsidies and tax credits to encourage U.S manufacturing, which one would consider a normal industrial policy. Government buying 10% of the company’s stock at a discount, that’s direct ownership. One is about incentives, the other blurs into state control. That’s government overreach = socialism. Hence,
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