Wash. Post's George Will: “There Is A Name For” Trump's Carrier Deal, “It's Called Socialism”

Will: “At The End Of The Day, [Trump Is] Getting The Federal Government Involved In Capital Allocation”

From the December 7 edition of Fox News' Special Report with Bret Baier:

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GEORGE WILL: So far Donald Trump's style is personal, not to say visceral, and ad hoc. And what that adds up to is a kind of use of presidential power absolutely unconstrained by law and statute and all those other niceties. The problem is when you have, in the Carrier case, political power used to bring pressure upon a privately held corporation that has a fiduciary duty to maximize shareholder value and drive them off with political pressure from making economic decisions about economic assets, you are, in effect, at the end of the day, getting the federal government involved in capital allocation. There is a name for that, it's called socialism.


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