“Campaign’s Populist Tone Rankles America’s CEOs”

WSJ:

Chief executives at big American companies are increasingly frustrated by the populist tone of the presidential campaign, and concerns are mounting in boardrooms and corner offices that antibusiness rhetoric may solidify even after the November election.

Some business groups had looked to a Republican administration next January that might peel back some Obama administration regulations. But that hope now is in doubt, and such groups are instead focused on key Senate and House races.

While some observers believe candidates may soften their stances once elected, executives worry that for now, the rhetoric of the election discussion could weigh on consumer confidence, thwart any immigration overhaul and derail a sweeping 12-nation trade pact, the Trans-Pacific Partnership, that the U.S. struck last year and that many businesses support.

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