How Trump’s 'state-directed cronyism' is selling out the US economy

How Trump’s 'state-directed cronyism' is selling out the US economy

Washington Monthly writer James Hassett said President Donald Trump has upset free-market conservative dogma — and with small return.Critics are furious at Trump inserting the U.S. government into business dealings at US Steel, Intel and other U.S. companies, and they’re comparing his federal interventionism with Xi Jinping’s China. But Hassett said Trump’s vision is nothing like China’s lasting, intelligent incubation of a nation’s economy.“In …