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Behind closed doors, our top CEOs say Trump is bad for business. Make America into America Again (fortune.com)

submitted 1 month ago by bytesonbike@discuss.online to c/business@lemmy.world

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The Yale Chief Executive Leadership Institute’s CEO forum gathers top political leaders with Fortune 500 CEOs for a Chatham House rules discussion where direct quotes are off the record. In Washington DC this week at the 155th gathering, as clouds swirled around the Capitol building just steps away, senators from both parties and some top Trump administration officials joined us. They had to face down the near unanimous verdict from over 100 top business leaders, representing some of the world’s largest companies and most iconic brands:

Trump’s policies aren’t working.

These opinions were all about business results, by the way: the reasoning was independent of personal politics or industry sector, it always came back to the bottom line.

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[–] Marshezezz@lemmy.blahaj.zone 20 points 1 month ago (2 children)

What the fuck were they expecting?

[–] halcyoncmdr@lemmy.world 28 points 1 month ago (2 children)

That he would remove regulation and taxes, and leave the rest alone.

They're CEOs, being a fucking idiot with zero problem solving skills is a job requirement. That's what the underlings they ignore are for.

[–] SkyNTP@lemmy.ca 4 points 1 month ago (1 children)

CEO's mooch off of the value of labour, no doubt, but to think they are stupid is a serious miscalculation. That kind of arrogance, underestimating your opponent, doesn't win any battles.

[–] Marshezezz@lemmy.blahaj.zone 2 points 1 month ago

Hubris has been fucking wild lately so I honestly would be surprised if they were that arrogant

[–] Marshezezz@lemmy.blahaj.zone 3 points 1 month ago

CEO is like the one job that AI could save a company a lot of money by replacing and would do it quite well considering they don’t seem to really do anything other than being soulless fucks

[–] shalafi@lemmy.world 2 points 1 month ago (1 children)

Who says they supported Trump in the first place? Business 101 teaches that a stable, predictable market is good for business. First go-round was bad enough, but this time Trump campaigned on massive tariffs. And again, they knew damned well that would be bad for the economy.

If my dumbass knows all this, I can hardly imagine a top-level CEO would not. Small-time CEOs can be dipshits, but stupid CEOs are rare at major companies. We just don't hear about regular competency because it's only news when they say or do something wildly stupid.

[–] zebidiah@lemmy.ca 2 points 3 weeks ago

These guys?