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#chamberofcommerce

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Continued thread

“What we have heard from business of all sizes, across all industries, from around the country is that these broad tariffs are a tax increase that will raise prices for American consumers and hurt the economy."

~ US Chamber of Commerce quoted by Josh Marcus

#Trump #tariffs #economy #recession #inflation #StockMarket #trade #ChamberofCommerce
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independent.co.uk/news/world/a

The Independent · ‘Catastrophic for American families’: Reaction as Trump imposes ‘Liberation Day’ tariffs on worldBy Josh Marcus

Will #noncompete clauses soon be illegal? #FTC is about to vote on it
Ban could be win for #workers -- particularly at the low end of the income scale. Critics of these agreements say they stifle innovation and wage growth by restricting workers' ability to take new jobs that pay higher wages or offer some other opportunity.
Any final rule is unlikely to take effect for many years -- if ever as it will surely get tied up in court, #ChamberOfCommerce ready to challenge.
axios.com/2024/04/23/ftc-nonco

Axios · The FTC votes to ban employment noncompetesBy Emily Peck
Continued thread

In the 1960s masses of anti-Vietnam war, civil rights, women's liberation and gay rights activists took to the streets across the Global North.

On August 23, 1971, in the midst of this so-called "crisis of democracy", jurist Lewis F Powell Jr wrote to the U.S. Chamber of Commerce urging a full-scale counterattack on the enemy - namely, radical elements in higher education.

Who or what was driving the "massive assault" on American free enterprise?

Higher education was to blame, said Powell, and he urged the Chamber of Commerce to establish a special staff 'to address the campus origin of this hostility'

David Rockefeller, CEO and Chairman of Chase Manhattan Bank and billionaire grandson of John D Rockefeller, agreed with Powell.

A thorough study was needed.
But who were the right people to carry it out?

(2/n)
Next: The Trilateral Commission of 'private citizens'

#chamberofcommerce #rockefeller
#powellmemo #trilateralcommission

independentaustralia.net/polit

Independent AustraliaAn 'excess of democracy': How corporations killed the campus In 1971, a small band of "forgotten" businessmen fought off the enemy – radical academics et al – and won the day… and the future.