Now before getting into any semantic discussions. I am using the term economic liberalism as stated by Wikipedia.
"Economic liberalism is associated with markets and private ownership of capital assets. Economic liberals tend to oppose government intervention and protectionism in the market economy when it inhibits free trade and competition,"
The relevant part of the speech can be located at minute 21:40
This sounds a lot like central planning.
"Economic liberalism is associated with markets and private ownership of capital assets. Economic liberals tend to oppose government intervention and protectionism in the market economy when it inhibits free trade and competition,"
Economic liberalism - Wikipedia
en.wikipedia.org
The relevant part of the speech can be located at minute 21:40
A modern American industral strategy identifies specific sectors that are foundational to economic growth, strategic from a national security perspective
and where private industry on its own isn't poised to make the investments needed to secure our national ambitions.
It deploys targeted public investments in the areas that unlock the power and ingenuity of private markets, capitalism and competition to lay a foundation for long term growth.
This sounds a lot like central planning.