Bitter battles between Democrats and Republicans are bad for business, a new report says, but there’s little consensus among companies on how to address the problem that they fear won’t change soon. The political environment is likely to be as tough or tougher for business after the 2024 elections regardless of the victors, according to 70% of top lobbyists and legal officers of more than 100 corporations surveyed by the Conference Board, a nonpartisan think tank. Given current schisms, each election carries the risk of reversals of public policies and laws, deepening the difficulty for businesses to make long-range plans. “You can go from ‘Green New Deal’ to Marjorie Taylor Greene,” said Paul Washington, executive director of the Conference Board ESG Center, adding that power can shift quickly from progressives who see climate change as an existential crisis to Republicans like the US representative from Georgia who say there’s no such thing. No consensus on the role business should play to reduce polarization Polarization among policymakers was cited as the leading source of political turbulence for businesses across industries by 89% of those surveyed between Oct. 20 and Nov. 29 at the public and private companies, half of which […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
