Alexander Cutler

New Proof That Business Elites Have Placed Their Bets on the Wrong Party
August 20, 2012

Political polarization has become an obstacle to economic growth because it is increasing uncertainty, and delaying new private sector investment and hiring. That’s the view emerging from the business community and—increasingly—from the economics profession. Earlier this month, in a front-page New York Times story, a number of CEOs gave voice to their fears about the fiscal cliff and the broader policy impasse in Congress. According to Vincent Reinhart, chief U.S.