In the upcoming 2024 election, American voters will have the unique opportunity to compare the records of two candidates who have already served as president. This choice extends beyond just voters, as entrepreneurs and business leaders will also play a significant role in shaping the outcome of the election.
There is a noticeable shift among prominent wealth-creators towards supporting Donald Trump. Many business leaders are openly declaring their support for Trump and backing him with financial contributions. This trend has caught the attention of individuals like Reid Hoffman, who despite having different political views, acknowledges this shift in support towards Trump among business leaders.
Hoffman expressed concern in a recent article for The Economist about the myopic view of many American business leaders. He believes that some have miscalculated which political leaders will truly support their long-term success. This shift in perspective may stem from the fact that these business leaders have grown accustomed to a stable legal regime that they now take for granted. However, Hoffman warns that a robust and reliable legal system is not something to be taken lightly, as it is a necessity that we cannot afford to live without. Trading it away could have dire consequences for the business community and society as a whole.