Trump is bad? Warren will be worse
It has been high anxiety for corporate captains under Donald Trump; imagine how they would feel under Elizabeth Warren
ONE could identify three stages in how the relationship between Corporate America and free marketers, in general, and Donald Trump has evolved: First there was a lot of Fear, in particular during the 2016 presidential campaign.
Candidate Trump's image as a "disrupter" - an economic nationalist rallying against the "globalist elites" in Wall Street and Washington and pledging to demolish the liberal international free trade system - helped produce nightmare scenarios under which the global economy would shatter and the stock market would crash on President Trump's first day in office.
Then after his first few months in office, one could have detected a sense of Acceptance and even a slight euphoria in Wall Street, the Silicon Valley and in the other places where it mattered. Yes. President Trump was continuing to employ his protectionist rhetoric and threatening to impose tariffs and launch trade wars against America's economic partners. But then it seemed that the billionaires who dominated the new president's cabinet and the Goldman Sachs veterans who served as his economic aides, not to mention the large contingent of pro-business and free traders among Republicans in Congress, helped to control the destructive instincts of the global economic warr…
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