• immutable@lemm.ee
    link
    fedilink
    arrow-up
    4
    ·
    10 days ago

    Honestly I’m not sure American businesses are very smart.

    I imagine corpos do want trump, but it seems as short sighted as going after quarterly profits ahead of all else.

    Ok, so you own a corporation and want those pesky “water break” regulations that are really cutting into your profits to go away. So you back trump. He tweets out “WORKERS DRINKING WATER ON THE CLOCK, SAD AND BIGLY BAD” and they decide that’s an official act and you can squeeze an extra 15 minutes out of your workers.

    Meanwhile, he puts a 20% tariff on all your inputs.

    I don’t support, but could at least understand, companies wanting this guy out of some rank greed. But he’s articulated positions that would be awful for most businesses. Every serious economist has looked at his tariff plan and gone “oh yea, that would destroy the economy”

    • ZILtoid1991@lemmy.world
      link
      fedilink
      arrow-up
      1
      ·
      10 days ago

      Corporations are chasing after short-term profits, not long-term ones. The only job I used to have was literally bankrupted by my then boss to avoid paying taxes on his other business ventures.