HOUSE RESOLUTION NO. 168

Reps. Arbit, Rheingans, Foreman, Martus, Myers-Phillips, Tsernoglou, Longjohn, Hope, Puri, Andrews, Breen, Fitzgerald, Conlin, Scott, MacDonell, Wooden and Steckloff offered the following resolution:

A resolution to urge the Trump-Vance Administration to cease and desist from their radical policies of state socialism, including the partial nationalization of Intel Corporation, and encourage the federal government to refrain from any further nationalization of private corporations, so that free market capitalism may flourish in Michigan and across the United States.

Whereas, The United States has long thrived under a system of free enterprise and market-driven capitalism, which has spurred innovation, created millions of jobs, and lifted generations of Americans into prosperity; and

Whereas, The Trump-Vance Administration has undertaken an alarming step toward state socialism by entering into an agreement to partially nationalize Intel Corporation, a private-sector leader in the semiconductor industry, thereby undermining the independence of private enterprise and threatening the competitive forces that drive technological advancement; and

Whereas, The nationalization of any private corporation sets a dangerous precedent, inviting further federal intrusion into the private sector, chilling investment, reducing efficiency, and replacing the judgment of entrepreneurs and innovators with the heavy hand of centralized government planners; and

Whereas, The people of Michigan, whose livelihoods depend on a thriving and competitive economy ? particularly in sectors such as manufacturing, automotive, and advanced technology ? have a direct stake in preserving the freedom of markets from unnecessary government control; and

Whereas, State socialism erodes the very foundation of American prosperity, shifting risk and decision-making from private actors accountable to shareholders, workers, and consumers to government officials accountable only to political expediency; now, therefore, be it

Resolved by the House of Representatives, That we urge the Trump-Vance Administration to cease and desist from their radical policies of state socialism, including the partial nationalization of Intel Corporation, which threaten the basis of American capitalism on which Michigan companies thrive; and be it further

Resolved, That we encourage the federal government to refrain from any further nationalization of private corporations and to allow free market capitalism to flourish without socialist government intervention, so that innovation, competition, and prosperity may continue to define the American economy; and be it further

Resolved, That copies of this resolution be transmitted to the President of the United States, the Vice President of the United States, the Majority and Minority Leaders of the United States Senate, the Speaker and Minority Leader of the United States House of Representatives, and the members of the Michigan congressional delegation.