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America's bosses will be dragged into politics

America's bosses will be dragged into politics

Politics and Profit

Patrick Foulis writes in The World In:

In early 2017 America’s bosses took a deep breath and waded into the political fray. By joining the White House’s business councils, most felt that they were doing their patriotic duty. By August they regretted it. The councils imploded after President Donald Trump wobbled over condemning white supremacists who had marched in Charlottesville, Virginia. For these bosses, and their peers watching abroad, the experience confirmed a golden rule: if you run a big public company never get involved in politics.

Yet in 2018 business leaders will be sucked back into the political arena. Many will feel like Michael Corleone in “The Godfather”: “Just when I thought I was out, they pull me back in.”

Written: Friday May 25th, 8:34pm 2018