Donald Trump is a man who just wants to make America great again.
He’s also a man who wants to make justice obstructed again.
One of the key pillars of Trump’s agenda was this idea that he was going to usher in a kind of renaissance for American businesses with a combination of tax cuts and reduced regulations.
Additionally, he would revitalize the long-dead manufacturing industry by turning the screws on China, who he and Peter Navarro imagined was at least partly responsible for the demise of the American working class.
Fast forward five months (give or take) and none of that has happened. Yes, stocks are higher but the trades tied to Trump’s agenda have all been faded aggressively and in an irony of ironies, it’s tech companies leading the charge, rather than the old-world industries that the President was supposed to #MAGA-nify.
As an added bonus, Trump’s absurdly irresponsible actions (e.g. the travel ban and the repudiation of the Paris Accord) have drawn near universal condemnation from the business community.
Well in the latest embarrassment for a President whose only saving grace is that he was “tired of winning anyway, 50% of the CEOs, executives, and government officials surveyed at the annual Yale CEO Summit gave Trump an “F” for his first 130 days in office.
Here’s more from CNN Money:
The survey, released earlier this week, found that another 21% give Trump’s performance a “D” so far. Just 1% of the 125 leaders polled awarded the billionaire an “A.”
The overarching message from CEOs is: “Stop the random 3 a.m. tweets and stop the needless brushfires diverting from the agenda,” said Jeffrey Sonnenfeld, the Yale School of Management professor who led the summit.
Sonnenfeld noted that 80% of those surveyed are CEOs, including Blackstone CEO Steve Schwarzman and IBM boss Ginni Rometty, who sit on Trump’s advisory council and Merck CEO Ken Frazier, a member of the president’s manufacturing initiative. (Individual responses by each CEO were not released.)
And for those who want to pretend like this isn’t a fair representation, allow Sonnenfeld to clear things up in the most direct manner possible:
This was not a granola-eating crowd of Democrat entrepreneurs. It’s a cross-section of the business community, including some who are quite pro-Trump.