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.
So the billionaires running corporations with 1st Amendment Rights (thanks Citizen’s United v FEC) didn’t become enriched, so the story changes.
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.
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.
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.
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.
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.
Well Mr. CEO, your first step is to stop publicly fellating him.
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?
Shareholders. The stockholders don’t matter much.
They are leaders! They are first in line when the annual bonuses come out!
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.
Not just the empty promise of lower taxes, also the temporary unsustainable profits they did get.
Telling the only issue they have with gestures outside window is “stonks go down”
The only thing they care about is having the line go up. Forever.
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.
Time to make america socialist.
If you read the article, you’ll see that these fucks want precisely the opposite - or, at least, their view of what socialism is.
or, at least, their view of what socialism is.
Privatize profits, socialize losses.
The article quotes them as being worried about Trump’s government buying up and controlling their businesses.
Have the economy you voted for!
Oh wow, a little buyer’s remorse on the whole “get a businessman to run the country like a business” thing?
Spineless cunts
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.
Do something about it cowards, bet you won’t
So, MAAA? Oh no, the big bad leopard at your face and now the poor rich people are crying for their mommies? Boohoo
MAAA is the sound a sheep makes when the wolf has caught it.
Make America Affordable Again sounds good to me!
Hope their businesses all fail