Since the 2016 Goat Rodeo, the Bernie Bruhs screamed at the Dims that they are corporatist tools of the CEO fat cats, and while sometimes I do think of certain senators as being in the pocket of Wall Street bankers (Hi Chuck! Hi Kirstin!), but I could never buy into the Corporate Democrats meme. It seemed counter-intuitive if not counter-factual.
So imagine my surprise—none!—to learn that CEOs are indeed in the pocket of the Republicans. Or maybe it is vise-versa (can you tell by the formatting it is from Axios?):
The big picture: The chief executives of America’s largest public companies are more than twice as likely to lean Republican in their campaign contributions than to favor Democrats.
- Among big energy companies, CEOs’ Republican leanings are even stronger: more than 9 in 10 energy CEOs side with Republicans, and none with Democrats.
- The study, by professors from Harvard Law School and Tel-Aviv University, classifies a CEO as a Republican or a Democrat if they gave at least two-thirds of their campaign contributions to one party or the other. CEOs that distributed their contributions more evenly between the two major parties were classified as neutral.
CEOs are more than twice as likely to give to Republicans rather than to Democrats.
Republicans support policies that favor rich people (like the Billions for Billionaires Bill). It really is one well-manicured hand washing the other, and now we have a study and data that proves it.
I urge you to go to the Axios link and read the whole item, and then go to the study and look at the charts. Holy cow! The Bruhs got it so wrong.