Why are companies ditching Trump in the last week of his administration? Rob Walker explains that it’s not because of a change of heart. As long as Trump is good for business, he’s good for businesses. But the outrage he’s sowed can no longer be contained. And if there’s one thing that’s bad for the bottom line, it’s chaos.
“The business of America is business,” Calvin Coolidge supposedly said in 1925, a sentiment famously echoed by Ronald Reagan — and, indeed, by Trump. And much of the past four years has been good for business (lower taxes, fewer regulations) even if it was awful in many other ways. But you don’t have to be a financial wizard to determine that the spectacle of armed maniacs looting government buildings and leaving death and desecration in their wake is not accretive to earnings.
