At our Yale Chief Executive Leadership Institute forum, over 100 business leaders said what they really think. They’re worried Trump is eroding America’s future.

  • Krudler@lemmy.world
    link
    fedilink
    English
    arrow-up
    1
    ·
    14 小时前

    So the billionaires running corporations with 1st Amendment Rights (thanks Citizen’s United v FEC) didn’t become enriched, so the story changes.

  • Reality_Suit@lemmy.world
    link
    fedilink
    English
    arrow-up
    167
    ·
    4 天前

    This is exactly what they voted for, and the fact that they can’t understand that proves to me that all these financial and business wizards are actually bumbling foolish idiots.

    Every semi smart person alive knew all this before the last election, but scared children lead the way.

    • WanderingThoughts@europe.pub
      link
      fedilink
      English
      arrow-up
      36
      ·
      4 天前

      They voted for it but they figured they could control Trump like he was a well trained monkey. Turns out it was a senile gorilla set to smash.

      • HobbitFoot @thelemmy.club
        link
        fedilink
        English
        arrow-up
        13
        ·
        4 天前

        Eh. I think they hoped that Trump would be more like his first term; wildly incompetent so he couldn’t implement much change except preventing certain government actions.

        I don’t think the business leaders were expecting actual fascism, even if they should have realized this after January 6.

    • null_dot@lemmy.dbzer0.com
      link
      fedilink
      English
      arrow-up
      8
      ·
      4 天前

      Yeah IDK.

      It’s certainly true that everyone, including economists, have been saying that tariffs are going to be terrible. If anything, the implementation has been far less terrible than everyone thought.

      However, I don’t think that these CEOs necessarily thought that tariffs were going to increase profits. Corporations have a way of socialising the bad and taking advantage of the good. So in some ways they always benefit from change, including chaos.

      For example, and this was alluded to in the article, if you could stock up before the tariffs took effect, then you can increase prices and sell the goods you bought with out tariffs at the tariffed price. Even after you run out of pre-tariff stock, it’s the consumers who are paying the tariffs, and it can’t last forever, and all your competitors have the same context.

      • AxExRx@lemmy.world
        link
        fedilink
        English
        arrow-up
        9
        ·
        edit-2
        4 天前

        The final step isnt buying on an equal footing as your competitors, its paying a bribe to be tariff exempt, then continuing to sell at tariff inclusive pricing.

        The whole tariff scheme was designed as a way to price smaller competitors out of the market, allowing consolidation of market share by the wealthy, while providing cover for price hikes against consumers. Just like covid price hikes, If trump abandoned tariffs today, very few products would return to their prior pricings.

  • Master167@lemmy.world
    link
    fedilink
    English
    arrow-up
    39
    ·
    4 天前

    If only they would put their money where their mouth is and support some opposition candidates. But that would be political and not what “stockholders” want from them.

    Why is it that we have CEO’s as leaders when they don’t lead anything?

  • PugJesus@piefed.social
    link
    fedilink
    English
    arrow-up
    61
    ·
    4 天前

    Too fucking late for that, twats. You sold America’s future for the hope of lower taxes. Now we all have to pay, and no amount of buyer’s remorse will fix it.

    • db2@lemmy.world
      link
      fedilink
      English
      arrow-up
      19
      ·
      4 天前

      Not just the empty promise of lower taxes, also the temporary unsustainable profits they did get.

  • Taleya@aussie.zone
    link
    fedilink
    English
    arrow-up
    12
    ·
    4 天前

    Telling the only issue they have with gestures outside window is “stonks go down”

  • kryptonianCodeMonkey@lemmy.world
    link
    fedilink
    English
    arrow-up
    17
    ·
    4 天前

    Hey CEOs, open the fucking doors and do something about it. At minimum back one another and stand together to fight back so that targets of the regime dont feel they have to capitulate to the whims of a tyrant or be bankrupted by legal battles for bullshit legal attacks.

    • SuiXi3D@fedia.io
      link
      fedilink
      arrow-up
      11
      ·
      4 天前

      If you read the article, you’ll see that these fucks want precisely the opposite - or, at least, their view of what socialism is.

  • SabinStargem@lemmy.today
    link
    fedilink
    English
    arrow-up
    8
    ·
    4 天前

    A Corporate America isn’t much better than Fascist America. Technically more fair, but the ideology of sacrificing humanity for one’s ego still remains.

    Both Klanners and Business Plotters are evil, they just occupy different sides of the alignment chart: Chaotic Evil vs Lawful Evil.