Business COVID 19

Do government deficits matter?

Good morning. Do government deficits matter? That’s a debate that goes back as far as Thomas Jefferson, and also has haunted a good part of my career. I covered the supply siders who said tax cuts would pay for themselves, and Bob Dole, when he cleaned up the mess that resulted. I was there when George […]

Business COVID 19

In support of political contributions

Good morning. Most Americans don’t want CEOs involved in politics. A poll conducted last week by Golin and Ipsos found only 41% favored CEOs weighing in on disputed elections, and only 43% wanted them speaking out on impeachment. On the other hand, 74% say CEOs should call for unity and a peaceful transfer of power, […]

Business COVID 19

Europe is also having a crazy start to the year

Good morning. David Meyer here in Berlin, filling in for Alan today. The United States has had an attention-grabbingly tumultuous start to 2021, so I’d like to also highlight the (mercifully non-violent) turmoil in European politics right now. Brexit is so last year. Here’s what’s happened in the EU just in the last three days—and […]

Business COVID 19

The great digital acceleration

Good morning. I talked earlier this week with Jeff Lawson, co-founder and CEO of Twilio, the cloud communication platform that has seen its stock soar 5X since the pandemic and is now worth a whopping $59 billion dollars. Lawson has a new book out called Ask Your Developer, which argues that today, every company must be […]

Business COVID 19

Who’s most trusted in this crisis? Business

Good morning. Public trust is in short supply these days. That’s a clear takeaway from last week’s events, and it’s also the finding of the annual Edelman Trust Barometer global survey, out this morning. Trust in governments has plummeted during the pandemic, and trust in media is at record lows. A clear majority of those responding—57%—“believe that […]

Business COVID 19

The unfinished business of stakeholder capitalism

Good morning. There’s a new book out today, The Six New Rules of Business, from Judy Samuelson, who started the Aspen Institute’s Business and Society program in 1998 and remains there today. From that perch, she has watched the evolving role of the corporation over the last two decades. Her book looks at fundamental changes that […]

Business COVID 19

Priorities for the new President

Good morning. Last Tuesday, after business groups came out in force to support the legitimacy of the November election, I wrote in this space: “Can we just move on now?” It was not to be. The insurrection at the Capitol on Wednesday has kept Donald Trump where he always wants to be, at the center of national […]

Business COVID 19

A deluge of feedback in a turbulent week

Good morning. It’s Friday, so some feedback, in which I’ve been deluged this turbulent week. One respondent simply said “go to hell,” another accused me of being a child trafficker, a third sent a selfie of his middle finger. I’ll share a few of the more articulate ones. Several CEO Daily readers remain convinced that the […]

Business COVID 19

A coup attempt and an undivided government

Good morning. A coup attempt, incited by a defeated president.  That’s a plot line for a Tom Clancy novel, not something that would happen in the citadel of democracy. But yesterday, it did. It was the most significant attack on the U.S. Capitol since the British invaded in 1814. That disturbing spectacle swamped the other big story […]

Business COVID 19

As vaccines roll out, businesses face a new quandary

Good morning. David Meyer here in Berlin, filling in for Alan. As vaccination drives roll out at varying speeds, there’s a big question mark over the issue of what may become—hopefully temporarily—a two-tiered populace. In Israel, which is running the world’s speediest COVID-19 inoculation campaign (though that hasn’t warded off the need for a tight […]