Below is what ChatGPT wrote would be the ultimate result of Trump's plan to privatize Fannie and Freddie. Too bad no one in the Trump administation bothers to bounce their bad ideas off AI. If Trump privatizes Fannie and Freddie with an explicit government guarantee: When (not if) the housing market hits another crisis, taxpayers will be on the hook for potentially hundreds of billions — just like 2008. Politically, it will look like “Republicans deregulated Wall Street, handed out favors to donors, and left taxpayers holding the bag.” Economically, it will be another example of corporate socialism — private profits, public losses — which will get labeled as “capitalism failing” even though it’s the opposite. That fuels the narrative for more government control over the economy, not less. It will tarnish the Republican brand for a generation, just like the 2008 crisis did for many voters who still blame "Bush-era deregulation." In short: Trump would get short-term political applause, but his legacy would be a long-term disaster for the GOP and for free-market credibility — because the inevitable collapse would be blamed on “capitalism” instead of what it really is: a taxpayer-subsidized, government-protected duopoly.
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