Silence of CEOs

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Mr. President, history is clear that the customs tariff raises prices, unemployment and inequality while reducing productivity and economic growth. The head of the US Central Bank Say the same Wednesday.

As the executives of public companies, we disagree with your commercial policies with the strongest possible conditions. Accordingly, we promise to do everything we can challenge them. Do not doubt our unity and resolve it in this case.

By the way, the signers control 250 thirds of the public stock markets at value, $ 25 million in annual revenue and 35 million employees. Our global tax contribution last year exceeded trillion dollars.

Have you seen this full message from the best executives in the world at the Financial Times times yesterday? No, did not. There was no one. Not in this newspaper and not anywhere else.

One of the biggest driving failures in corporate history. Where are they when we need them? In the corner mix their shoes.

Some presidents are said to have expressed their concerns behind closed doors. Very brave. Others argue that participation with the administration officials behind the scenes Better approach.

How does that happen after that? The shareholders have already lost Trillion. So you do not speak strategically for fear that the White House will take revenge? It is like anxiety about the stomach punch after cutting your throat.

We were told that some executives are strong. Jimmy Damon from Jpmorgan says that “This uncertainty is a challenge.”. The head of the Delta Air Airlines launched the “Self -injured” position. She warned of health care ownership rights, and also warned Astrazeneca chair.

Oh, stop! What became “Mega-Corps”-and those who ran-become Stronger than national countries? We now know who wears pants.

The irony is that most of our executives have gone through driving training. Nearly 40 percent of the S& P 500 presidents have a master’s degree in business management. The corner wings are filled with coaches urging them to “talk”.

There are currently 160 administrative programs specializing in leadership. Last year, 7,000 major leaders of leaders in the United Kingdom began alone. And do not forget the shelves of the leadership books of the published companies every year. Amazon lists more than 30,000, and the executives urge to Start the reason If they want to move from Good to wonderful.

The lame to the average will be nice.

So why did international presidents fail to drive when it is clear that each of the stakeholders will suffer if anything like the definitions that are discussed?

We cannot blame teachers. Harvard University – home to the best MBA program on this planet as well as countless leadership courses – An overall war with Trump This month. This is brave. What excuse does its graduates – from the heads of McDonald’s to Citigroup and Novartis?

Individually, they say that the law is the law. Customs duties are implemented under the executive authority – after they were delegated by Congress decades ago to combat unfair practices or national security issues.

But unlike other policies, there are a few checks and balances with definitions. Congresses cannot back away from it and the administration is not needed to show interest, not to mention the defense of the economic cost.

Not much can be done, in other words. But there is nothing to prevent executives from pressure on Congress to cancel the executive authority on customs duties. It is already signing $ 4.5 billion annually on US federal pressure.

Less than that can also urge legislators to tighten the criteria for imposing definitions, as suggested Brookings InstituteProviding mandatory reports or promoting judicial oversight.

Dozens of CEOs who are demanding these changes will fail. It is impossible to ignore hundreds or in reality thousands of presidents who act as one – represent consumers, employees and suppliers.

You should go up chairs and paintings. Contracts of peace and economic stability have allowed technocrats, operational presidents, financing and Haleelians to upgrade the summit of business. Many suffer from antichrist syndrome for a good reason. They must be replaced by true leaders of vision and steel, and the least skill in sympathetic workshops, but it is not mercy when it comes to fighting for the sake of right – for the shareholders and frankly, we are all.

The weak response to definitions indicates that many CEOs should be launched – as someone may say at the White House.

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