Many business leaders dismiss fears of a return of the former president to the White House — they are wrong to do so. Trump is crazy and, alas, he is not amusingly crazy: he is dangerously crazy.
Many billionaires and business people support Donald Trump. That is no surprise. He would be good for profits, they believe. He offers lower taxes and less regulation. Some have argued that certain policies of his – the tax cuts and toughness on China and free-riding allies, for example – were not foolish.
Moreover, unlike most Democrats, Trump and the Republican Party like business and business people. Why should they not embrace him in return?
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Financial Times
Martin Wolf is chief economics commentator at the Financial Times, London. He was awarded the Commander of the British Empire in 2000 “for services to financial journalism”.
