Politico is reporting that Ken Griffin, a major GOP donor and star of the libertarian-free-enterprise world, has startled everyone by rejecting Trump’s tariffs. Not only are they bad for business, he says, they also open the door to Crony Capitalism, with the government deciding who wins and who loses.
It is interesting to see Griffin taking this position. He was, until recently, a serious Trump supporter. Now, quite the reverse.
It’s good that he is taking on Trump, of course. Though, really, it would have been nice if he'd seen what Trump was a bit sooner. Which should have been easy. After all, Trump made no secret of his intentions.
Which brings up a question. Why is it that "visionary" business professionals so often fail to see what is right in front of their face? And which all the rest of us…we non-visionaries…have perceived all along?
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