The U.S. business community is not only wary of supporting Republican hopeful Donald Trump; some are even going rogue. That’s the result of today’s Financial Times survey of business views on the U.S. election.
Trump’s erratic populist pronouncements are scaring many free enterprisers into the arms of the Democrats. Only a quarter of respondents backed Mr. Trump. Maybe the majority of the electorate should heed what big business is doing when election day rolls around: It usually pays to follow the money.
Austria is still in shock. In the first round of presidential elections back in April, the mainstream ÖVP and SPÖ parties – which have taken turns providing the head of state for more than half a century – didn’t make it into runoff elections this coming Sunday.
The new Social Democratic chancellor, Christian Kern, said yesterday: “If we don’t comprehend that this is our last chance, the two big parties are going to disappear.” The German sister parties to the SPÖ and ÖVP should listen up to what Kern has to say today in his government statement. Vienna may just be a suburb of Berlin.