Should it come as a surprise that not one chief executive among the Fortune 100 has donated money to Donald Trump's campaign?
That was the news reported by The Wall Street Journal over the weekend after tabulating the latest donation disclosures through August.
Mr. Trump's supporters trumpeted, excuse the pun, the lack of donations from the nation's largest companies as a badge of honor. Big business, they say, has failed the country, so why would their guy want its support?
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But the logic of this argument is backward. Mr. Trump has campaigned as a successful businessman, a brilliant negotiator and someone, as he said in his own words, who can "get along with people." He has contended that his economic policies will unleash unheard-of levels of growth — as much as 6 percent. He plans to lower corporate taxes, remove regulations and allow companies to repatriate cash held overseas. Together, these policies sound like a C.E.O.'s dream.
And yet here we are: Many of the most successful business people in the country refuse to support him — or do business with him, either.