Trump orders creation of US sovereign wealth fund

I don't underestimate our Dear Leader's ability to do it badly, but isn't a sovereign wealth fund typically a good idea?

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This would mean the US government would own or have a stake in private corporations. Could you imagine the outrage if a Democrat tried to have the government own a private company?

I'm assuming the decisions re: where it will be invested will be made by Trump personally, so it is likely just a way to pass money from the government to his corporate sycophants. I have no hope that money would be invested in a way to benefit the people of the United States
- The Democrats could never pull it off, but if I can be optimistic, maybe the Trump administration can set the stage for a future working class oriented administration to do some good work.