GOP killed Big Business. Biden buries the corpse.

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GOP killed Big Business. Biden buries the corpse.
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President Joe Biden ditched Trump’s brawling style. But he is keeping some of the former president’s key policies in place that are disliked by CEOs.

to politicians during the 2022 midterm cycle, a slight increase from the 2018 midterms.

President Donald Trump speaks during an event to celebrate Congress passing the Tax Cuts and Jobs Act on the South Lawn of the White House Dec. 20, 2017. | Alex Wong/Getty Images Still, businesses find themselves under attack on numerous fronts, with Republicans hammering banks for taking what they dismiss as “woke” positions on issues like climate risk, and the White House doubling down on some of Trump’s tough stances with U.S. trading partners.

“Populism has grabbed hold of both parties and it is en vogue to vilify business,” said former Democratic congresswoman and finance executive Stephanie Murphy of Florida. “At the same time, we are asking business to help us be competitive. The incongruence of this approach negatively impacts American prosperity. We need all voices at the table, including the business community.”

And they worry about any measures that would reduce legal immigration, given that there is such heavy demand for workers in the economy and not enough Americans willing to fill the openings.

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