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White House communism claim bulldozed by conservative think tank

Summary by Alternet
The White House X account is getting flooded with mockery after the social media site combined a White House post about communism with coincidental reporting about the government's current financial investments in corporations. Cato Institute's VP of economics and trade Scott Lincicome noticed Wednesday that the U.S. government is taking equity stakes in 30 private companies. Tad DeHaven of the Cato Institute remarked, "Perhaps most striking abo…

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Alternet broke the news in Miami Beach, United States on Thursday, August 6, 2026.
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