While big business condemned the climate decision, others are rejoicing.
Shockingly, the New York Times admits that big business one percenters like Elon Musk don’t represent what every businessman (or businesswoman) thinks about Donald Trump’s recent climate decision. In fact, many smaller businesses (which employ far more people that billionaires like Musk) are ecstatic over the decision. This might be because of their views of the climate change conventional wisdom and their hostility to needless taxes and regulation. It also might be because they wanted a President who would stand against globalist elites to put America first.
As news that President Trump was pulling out of the Paris climate accord hit at a luncheon for small-business owners in Toledo, Ohio, on Thursday, an already happy crowd suddenly turned euphoric.
“It was like a major win at a football game,” said Rick Longenecker, a management consultant who had been among the 50 or so attendees who gathered to trade thoughts amid a rapidly improving local economy.
While multinational corporations such as Disney, Goldman Sachs and IBM have opposed the president’s decision to walk away from the international climate agreement, many small companies around the country were cheering him on, embracing the choice as a tough-minded business move that made good on Mr. Trump’s commitment to put America’s commercial interests first.
This full-throated support from the small-business community comes even as the Trump administration struggles to advance health care legislation and tax reform plans through Congress — and despite the swelling controversy over Mr. Trump’s ties to Russia.
In Michigan, Ohio, Missouri and beyond, many small businesses are reporting improved sales and bigger work forces — regardless of what is going on in Washington.
“We’ve had customers who actually brought business back from Mexico that we haven’t done in seven years,” said Bill Polacek, president of JWF Industries, a manufacturer in Johnstown, Pa.
For those more concerned with their local economies than global greenhouse gas emissions, walking away from the Paris agreement was just another example of a bottom-line business decision made by a president who knows a good deal from a bad one.
“This just heightens the divide between big business and small business,” said Jeffrey Korzenik, an investment strategist for Fifth Third Bank in Cincinnati who spends much of his time talking to small businesses in the Midwest. “They really have different worldviews.”