It's amazing that some corporate leaders are willing to support Trump for tax cuts and deregulation while shrugging about what Trump's threats to wreck democracy and the rule of law would do to the business climate. 1/
I just told a friend that the toleration Americans show for lying & grift over the last 8 yrs is stunning to me. Some places have corruption; supposedly, not us -- rule of law, etc. How do these bosses plan to suppress us when we rebel against the corruption they plan? There ARE limits, I'd guess.
I do not know how fervently these corporate leaders have to support Trump for such news to be mundane and not at all amazing.
Adelson had one request for Trump: to tone it down. He refused, and she promptly showered $10 million on him.
They are not unaware, they just do not care.
It's because these businesses don't care about being maximally successful and profitable.
Inflicting mass poverty on Americans increases their relative wealth far more than increasing their own marginal wealth.
John Ganz made a point that privately held companies, hedge funds and other investors are fine with Trump’s incoherence, and ceos of publicly held companies are the ones mostly saying they won’t support his presidential run. Do you find that to be the case?
In an autocracy where the rule of law is whatever an ignorant, mentally unstable dictator-in-chief says that it is, how long do they think that they'll be able to ride the tiger for corporate profits before it turns on them? I suggest they look at the fates of Russian oligarchs for that answer.
high quality; that was before Reagan came in that these things mattered. It's why old movies are so good; it was a time when society was civilized and people cared. (Ok, maybe not for all...) Nostalgic for the "good ol days," that ... 2
It's what it has always been about - GREED; free money and harm to us. The more the better for CORPS, the worse for us. Corps no longer care about the customer is always right, customer service, customer satisfaction, quality, getting a good deal, low prices/... 1
Their money exempts them from such pedestrian and bourgeoisie things like democracy and the law, which they subvert and/or bend with money. Just look at the SCOTUS & the senators and House Reps, who through contributions, stall all legislation aimed toward helping the great unwashed masses.
It’s not amazing, as you well know, Greg. Financial interests tried to have coup against FDR. Financial interests supported the fascist takeover of Europe. Financial elites in Bolivia, yet again, tried to overthrow a democratically elected government yesterday. This is the nature of business.
Additional factor - if expired tax cuts won't cost CEOs billions or whole sale wipe them out, having a Democrat/any non fascist in the WH when a whole bunch of bubbles burst before the end of 2028 will
Not unlike low-info voters, most corporate execs seem to live in their own bubble of unreality and their sense of the political climate, of probability, is extremely skewed, they just scan the business press and little else as far as media consumption
WH chief of staff Jeff Zients tells me he and other admin officials are making an expansive case to CEOs that a good business climate depends on stability and the rule of law. He talked to me about the case he made to the Business Roundtable recently. 2/