Business Speaks Out—Again— Against Administration Policy
In the latest episode of “brands taking stands,” more than 400 business executives and leaders have signed on to an open letter urging the preservation of the Deferred Action for Childhood Arrivals (DACA). It’s the latest example of the unprecedented trend of companies taking anti-government positions on divisive socio-political issues. Several major business associations also made similar statements, including the U.S. Chamber of Commerce, the National Association of Manufacturers, and the Business Roundtable, a group of top US CEOs. Moody’s Analytics estimates that US GDP could be down by as much as $105 billion over the next five years if the DACA program remains cancelled. That bottom line figure—and reasoning—would seem to be persuasive to a so-called “pro-business” administration.
John Howell, Editorial Director
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