True, parts of the federal bureaucracy now operate more like a Wall Street outfit. But its growing portfolio is easy to overstate https://www.economist.com/business/2026/04/22/americas-descent-into-state-capitalism-is-exaggerated?taid=69ee02f4a9d16e00016b637d&utm_campaign=trueanthem&utm_medium=social&utm_source=voante
