“Guy T. Williams, who leads the community bank in southeastern Louisiana, said he is concerned about former President Donald Trump’s plans to impose more tariffs, a move that could raise prices and slow economic growth. But he isn’t sure Vice President Kamala Harris would be a better choice and worries about the prospect of higher corporate taxes.”
Bullshit.
There is one quote. Let me explain why it’s billshit.
1/
https://www.wsj.com/politics/elections/trump-harris-business-politics-election-2024-6106c407
2/
TL;DR
Business DEPENDS on a stable economic environment. Whether good or ill, without stability, you cannot make decisions. This makes sense.
During Trump you saw MASSIVE stock market gains as well as MASSIVE stock market losses. The business world was in a shambles. Chaos for Trump is good.
For the business world is means uncertainty.
It is IMPOSSIBLE to make decisions for a quarter when Trump may decide to shoot an Iranian general. Which he did.
The reality is that Trump was BAD for the economy in general and corporations specifically.
Yes, they made money off his tax cuts, but the chaos he created made more than a few executives nervous. Would there be another sell off? Is my job on the chopping block? How do I make contracts for next quarter much less for a year of Trump upends everything just to satisfy his need for chaos?
This is why business is NOT HAPPY about another Trump term.
They might not acknowledge it. But its real.
@feloneouscat
It's almost like chaos is what the neofeuds want. $$$