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struggle4progress

(118,379 posts)
Sat Jan 9, 2021, 05:48 AM Jan 2021

Companies face reckoning after the attack

By Todd C. Frankel, Jeff Stein, Jena McGregor and Jonathan O'Connell
Jan. 8, 2021 at 10:23 p.m. EST

The bargain with the business world worked like this: They mostly tolerated President Trump’s sometimes outrageous behavior in exchange for business-friendly corporate tax cuts and regulatory rollbacks, deals they celebrated over Oval Office handshakes.

But that arrangement started to sour in the last year with the Trump administration’s missteps on the pandemic and Black Lives Matter protests before swiftly deteriorating in recent days with a mob assault on the Capitol prodded on by the president. That led the National Association of Manufacturers — comprised of exactly the kind of companies he considered key to his “Make America Great Again” mission — to call for Trump’s immediate removal from office for actions by the pro-Trump mob described as “sedition.”

The message was not the typical corporate condemnation. It was something the trade group of 14,000 companies — which usually avoids politics — never before imagined issuing ...

The once-comfortable alliance between Trump and Corporate America has shown unprecedented strain since Wednesday’s attack, forcing a reexamination of everything that businesses had won over the last four years from a White House now thrown into chaos ...

https://www.washingtonpost.com/business/2021/01/08/trump-policies-corporate-america/

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