President Trump promised the country that his business acumen would be exactly what the country needed, but the majority of America’s actual business leaders are more than a little displeased with what they’ve seen in Trump’s first 130 days in office.
Half of the high-ranking business leaders surveyed at the Yale CEO Summit gave President Trump a failing grade of “F‘ for his job performance thus far while another 21% gave him a “D,” and just 1% gave him an “A.”
That’s right. Just one percent of one-percenters gave Trump an A.
Matt Egan of CNN Money reports that CEOs comprise the vast majority of those surveyed, while executives, government officials, and academics makes up the remaining 20% of summit attendees.
“This was not a granola-eating crowd of Democrat entrepreneurs,” said Jeffrey Sonnenfeld, the Yale School of Management professor who led the summit. “It’s a cross-section of the business community, including some who are quite pro-Trump.”
Nevertheless, two-thirds of those in attendance opposed Trump’s decision to abandon global efforts to combat the ravages of climate change by withdrawing the U.S. from the Paris Climate Accord, 75% opposed Trump’s budget proposal, and 86% are concerned that Trump is minimizing Russian efforts to undermine our security.
Nearly three in five attendees also felt that the expectations that fueled the stock market’s surge following Trump’s election will not be met.
David Bianco, chief investment strategist at Deutsche Asset Management, said that the recent gains may be “vulnerable to summer fatigue and rising anxiety over whether Congress can make pragmatic decisions.”
If America’s wealthy elite are feeling buyer’s remorse for a president who puts their interests ahead of everyone else, what does this say about the tens of millions whose healthcare and livelihoods have been threatened by Trump’s reckless agenda.
The summit attendees do have one thing in common with the majority of Americans. For the most part, everyone agreed: “Stop the random 3 a.m. tweets and stop the needless brushfires diverting from the agenda,” Sonnenfeld said.
If by chance Fox & Friends covers the summit, you can be sure Trump will hear the advice. To find out what he thinks of it, be sure to check Twitter tomorrow at 3 a.m.