There is an instructive tale being reported on New York Times and Rawstory. Both news outlets are providing the revealing history of “Pat LeBlanc, chairman of EBW Electronics based in Michigan.” Mr. LeBlanc was a solid Trump supporter back in the day, one of the many thoughtful business executives who saw Trump as an alternative to socialism and other horrors.
Trump’s trade war and tariffs are killing LeBlanc’s business. He is in so much trouble that he may be forced to move his factory to (wait for it) Mexico.
The article quotes LeBlanc as saying, “It’s killing us…I just feel so betrayed. If we fail because the company is being harmed by the government, that just makes me sick.”
And so, alas, we come to the hard reality. Trump, the deal maker who’s too smart to pay taxes, is deadly to business, and the arch-enemy of prosperity.