‘Socialism’: Joe slams Commerce Department over equity stakes
By MS NOW
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The Hill reports the Department of Commerce will take minority equity stakes in seven companies that are developing semiconductor technology for artificial intelligence and advanced computing systems. In exchange for over $870 million in federal incentives, the department will take minority equity stakes in the private companies. Joe slams the move, calling it “pre-Thatcher style socialism,” and calls out Republicans who warn of socialism on the American left. MS NOW: My Source for News, Opinion, and the World. » Subscribe to MS NOW: https://www.youtube.com/@msnow » Subscribe to MS NOW’s We the People Newsletter for exclusive content from your favorite MS NOW anchors. Sign up now for free at https://ms.now/joinus MS NOW is the go-to destination for domestic and international breaking news, and best-in-class opinion journalism. For more context and news coverage of the most important stories of our day click here: https://www.ms.now/
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