Why the Status Quo Wants Trump Out

I confess to having been utterly naïve.  I had wondered why on Earth the business community would prefer a frail and corrupt president Biden over a pro-business president Trump.  Trump has a track record of economic growth and stands for lower regulations and taxes, fairer international trade, and a stronger military.  Biden wants to increase taxes and regs and put in place a number of new initiatives like the Green New Deal that might bankrupt the economy.  But Wall Street, the tech industry, and many more backed Biden, while even many GOP congressmen seemed lukewarm to Trump. The choice for Trump seemed so obvious, what was I missing? The difference is the status quo.  A lot of people make lots of money the way things are now. They constitute a powerful force that seeks to get rid of inconvenient obstacles — especially a serial disruptor like President Trump. Let's take Amgen, for example.  A...(Read Full Article)
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