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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump goes to war with corporate America
The presidents widening trade war is pushing longtime GOP allies to the front lines of a fight against the Trump administration.
By BEN WHITE and MEGAN CASSELLA 07/03/2018 05:07 AM EDT
President Donald Trump is now at full-scale war over trade policy with some of the Republican Partys staunchest allies in big business, including executives at iconic American brands such as General Motors and Harley-Davidson who previously shied away from criticizing an often irascible president.
Trumps approach has created a high-stakes showdown without recent political precedent: A Republican president betting that his populist approach to trade will thrill his working-class base and blow away any short-term economic fallout or reduced political support from the nations largest business organizations. His message to corporate America so far: I dont care what you say, my base is with me.
On the other side, corporate titans and market analysts fear Trump is on the cusp of damaging the American economy and that he will not recognize the failure of his approach until its too late.
With every successive firecracker that Trump sets off, we see corporate leaders and groups emboldened and ready to go on the public stage to take him on, said Nancy Koehn, a business historian at Harvard. This isnt the natural order of history that large business groups oppose a Republican president. Trump has a from-the-gut sense that his base will be with him come hell or high water. But its a very big bet with no certainty of success.
https://www.politico.com/story/2018/07/03/trump-war-corporate-america-harley-davidson-666926
He will not recognize his failure until its to late................think about what you the corporation was saying about this sexual predator when he ran.......................how much fucking money did you give him to get elected and how many of you were clapping your hands because you got your fucking tax breaks.......................go fuck your self................you and him created this fucking mess.......................and the worker is going to pay the price for your and his bull shit....................FUCK YOU
November 2018 cannot get here fast enough.......................get out and vote
Hoyt
(54,770 posts)Iliyah
(25,111 posts)Wellstone ruled
(34,661 posts)Goebbels and Himmler worked the German Industry owners over in a similiar manner. Once the Krupp's family family caved to pressure,the rest fell in line. Trump is using the same tactics only this time it seems to be Steve Miller and Bannon running the PR program.
Ron Green
(9,822 posts)which Trumps presidency has put into high relief as pointers toward a moral economy, one that neither Dems or Repubs have allowed for many decades.