326 Comments

I don't think it can be stressed enough the point about oil and gas--those people keep crying about Biden preventing massive drilling everywhere when in fact we don't need any more new wells before we've even come close to max production of the wells we already have.

Biden had better make it clear that we are #1 in the world regardless of what Republicans try to say otherwise.

Expand full comment

CEOs are not (entirely) stupid, though lots of them are remarkably shortsighted.

In this case, I think they've recognized that Oleaginous Orange's policies will further undermine their markets. They've already plundered much of the rest of the world and need to have US customers (in a strong economy) buying their wares, bc the rest of the world is sliding.

They'll still lean GQP but it's clear that they're recognizing that their beloved party is not getting anything done - not even more tax cuts - given the number of bills their people have introduced in the house. The fact that a lot of those bills are performative bullshit for the MAGAt base has almost certainly not gone unnoticed, either.

Expand full comment

Wait...so the constant droning by the MSM that "people trust republicans better with the economy" may not be telling the whole story??? NPR had a segment this morning, a guy wrote a book about American Latinos and voting patterns, his big scoop is that despite the conventional wisdom that brown folks support democrats there's a big swing towards the GOP because they don't just care about "identity politics" that team D offers them, they also care about ECONOMY!!! Oh shit, I guess we're boned! There's a ton of chatter about dems losing Latinos to the GOP, which could be true, although I doubt it. If I have to hear another person on the radio going on about how the economy was better during Trump's reign of error I'll pick up a new hobby, recreational drooling.

Expand full comment

The business wing of the Republican Party becoming more uncomfortable with Trump is great news.

Expand full comment

The business wing of the Republican Party becoming more uncomfortable with Trump is great news.

Expand full comment

This is a fine article. I've been making a similar point in my own way over the years: regular businesspeople live in the real world like most everyone else. But REPUBLICAN OFFICE-SEEKERS and OFFICE-HOLDERS seldom know one true thing about our economy, and neither do most of the "poorly educated" voters who flock to Trump's smarmy populist rhetoric. Republican legislators are not true supporters of capitalism; they are cheerleading for something they don't really understand. If you want someone who can keep the economy-train from going off the rails, that would be Conductor Joe Biden, not Dangerous Donnie and the power-drunk ideological goon squad that surrounds him. To borrow a verse from Allen Ginsberg, when people support right-wing Republicans, they're always at grave risk of being "run down by the drunken taxicabs of Absolute Reality." Even if you wave your arms frantically when you recognize your mistake, Absolute Reality won't step on the brakes to save you.

Expand full comment

"Salmon notes that this is a cohort where two-thirds are registered as Republicans. But we guess they just don’t love T̶r̶u̶m̶p̶ America enough."

Expand full comment

"What do CEOs and economists know about business or economy?" less than rocks, but still more than Donald Trump.

Expand full comment

It's not just Trump they hate. The Rebs in Congress keep stepping on their toes.

Business fumes as Democrats blast GOP for blocking corporate tax credits https://thehill.com/homenews/senate/4737635-senate-republicans-block-expansion-child-tax-credit/?ICID=ref_fark The article mentions a few other bills the GOP killed to own the Libs. Doing damage to their best allies.

Expand full comment

I'm shocked that this country's CEOs have no confidence in a man who failed at selling steak and booze to Americans.

Expand full comment

Not to mention gambling.

Expand full comment

There's the trifecta.

Expand full comment

The Fortune 100 CEO's have very strong principles. They believe that everyone should pay their own legal bills.

They have no desire to pay Chump's.

Expand full comment

You don't have to be a Nobel prize winner to recognize that Trump is not too bright, and you don't have to love Joe Biden to vote for him. You just have to be smart enough to know that children shouldn't play with matches If Trump wins, he'll set fire to the World

Expand full comment

Zero Forbes 100 list support for the GOP. Big Business not supporting the Party of Big Business. Beware of flying pigs.

Expand full comment

Nowadays the GOP is the Cult of Craziness.

Expand full comment

Ta, Evan. Yes, he's a fucking idiot. And a moron. And worse.

Expand full comment

Here's an OT thought re Thursday night's "event". Wonder what would happen if Jake Tapper leads off the evening by politely requesting Sir Shittzenpants to lead those present, and the tv audience, in the Pledge of Allegiance. Would there be garbbly-garbbly-garble unintelligible word salad? Would head explode? Would there be ranting and raving about "fixed" and "rigged"? Would there simply be Exit, Stage Left? I, for one, would love to find out.

Expand full comment

"I pledge allegiance, to the flag…but we love our flag, don't we folks? WE LOVE OUR FLAG!!! And you have to give it…allegiance, am I right? So much allegiance. And I give our flag so much allegiance! Joe Biden, not so much. Not so much. But I…just the other day, this guy comes up to me, big guy, tears in his eyes, he says, 'sir…how do you do it? How do you give so much allegiance to the flag?' It's true. I give allegiance like you've never seen."

Expand full comment

Brilliant!

Expand full comment

👏

Expand full comment

Hmmm-mmm, hump that allegiance for me, baby!</I'm just talkin' 'bout Shaft>

Expand full comment

Having spent my career employed as a corporate goon, I can tell you for all their kvetching business types on the Left and Right hate the same thing, uncertainty.

Expand full comment

Though only a teacher, I was thinking along the same lines. It's also why the sensible heads back in Kansas City decided they finally had to do something about Nicky Santoro.

Expand full comment

It absolutely kills the bottom line. They don't know whether to lay off or fire random employees.

Expand full comment