Trump’s Shameless, Corrupt Wooing of Plutocrats Is Suddenly Backfiring
A media narrative has somehow taken hold that CEOs are stampeding toward Trump.
The full story isn’t nearly so simple.
While a media narrative has taken hold that corporate elites are rushing to support Trump
—shelving misgivings about his threats of authoritarian rule
—the reality is much more complex.
His corrupt entreaties appear to be contributing to a sense that a second term would be unsettlingly chaotic and disruptive to the business climate
—and this has emerged as a key argument that President Biden’s allies outside the White House are quietly making to business leaders in urging them not to back Trump.
In an interview, White House chief of staff Jeff Zients said that he and other administration officials have been meeting one-on-one with CEOs in what he called an “all-hands effort.”
“The most important thing for U.S. economic growth and for progress and good fortune,” Zients told me, in describing the pitch he makes to CEOs,
is “to have a stable, predictable environment.”
Zients said he argues that “you might not agree with everything that’s done,” but “there’s an opportunity to talk things through, and there aren’t surprises.”