J.D. Vance’s Selection as Trump’s Running Mate Frightens Business Leaders

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Trump’s selection reflects his most brazen anti-capitalist instincts.

Sonnenfeld is a Lester Crown Professor of Leadership Practice and President of the Yale Chief Executive Leadership Institute.

Henriques is a senior fellow at the Yale Chief Executive Leadership Institute. Tian is director of research at the Yale Chief Executive Leadership Institute.Monday. While we commendably saw a surge of statements of sympathy from business leaders in the hours following the despicable, horrendous assassination attempt on Trump this weekend, Trump’s selection of freshman Ohio Senator J.D.

J.D. Vance was certainly not the business community’s favorite to be Trump’s VP by a long shot. Even several Republican CEOs I’ve spoken with are disappointed by the selection of Vance, and all of them would have strongly preferred any alternative, especially candidates such as Virginia Governor Glenn Youngkin and North Dakota Governor Doug Burgum, cut from more traditional pro-business GOP cloth. Thedivisive Vance nomination as “curious,” explaining, “He opposes free-market policies Mr.

In some areas, Vance’s views are far more radical than Trump’s. Vance is on record supporting higher taxes on corporations,; his claims that devaluation is not as scary as it seems do not land well with business leaders, who are dependent on the strength of thepledged not to donate a single penny, “I don’t know that I can disrespect someone more than J.D. Vance… How do you sit next to him at lunch?”CEOs are not isolationists and were alarmed by Vance’s disdain for Ukraine’s plight and E.U.

President Joe Biden reacted to Vance’s selection by calling him a “clone” of Trump, but to many in the business world, Vance might be worse than a Trump clone – he is Trump’s id, drawing out all of Trump’s most anti-business instincts without any of Trump’s dealmaking instincts. The biggest beneficiary may be Biden, who ought to be celebrating Vance’s selection as proof that the self-destructive version of Trump is re-remerging on the campaign trail.

 

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