Tuesday, January 3, 2017

Washington Post: Trump’s Unpredictable Style Unnerves Corporate America

By Drew Harwell and Rosalind S. Helderman:

That style, including his opaque personal financial dealings and his sudden shots at certain companies, has helped unnerve a corporate America that traditionally craves stability. Some business leaders and economists have worried whether executives can speak their minds about the president-elect or his policies without fear of facing Trump’s rage.

“Twisting people’s arms is inherently problematic” for a president, said N. Gregory Mankiw, a professor of economics at Harvard who served as chairman of the Council of Economic Advisers under President George W. Bush.

“The president has so much power, you always wonder if there’s some implicit threat to individuals, and that goes beyond what I think a limited government should do,” Mankiw said.

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