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Chaos Is Bad for Business

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“CEO optimism is fading as Trump pushes ahead with trade restrictions, while business-friendly deregulation has yet to materialize,” Semafor reports.

“U.S. consumer confidence in January recorded its biggest one-month decline since November 2023. The US stock market, long Trump’s preferred proxy for economic might, is lower than it was before his inauguration, trailing major indexes in Europe, China, Mexico, and Canada — all targets of the president’s planned tariffs.”

Paul Krugman: “In short, there’s now an incredible amount of uncertainty about U.S. policies, policies that have a huge impact on both individual Americans and U.S. business. And this isn’t uncertainty about what will happen over the next few years, it’s acute uncertainty about what will happen in the next few weeks and months.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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