Edward Luce (“Wall Street’s bargain with Trump”, Opinion, January 25) unnecessarily throws American business leader Jamie Dimon under the bus and misses a significant and perplexing stance of today’s Grand Old Party — the Republican party.
Since 2016, the party has veered extremely off course on the issue of supporting business. As a gentle reminder, without business we have no jobs, no tax base to support our political affairs, no education, no healthcare, let alone national or international defence.
Yet three of the last four Republican presidential contenders advocate that the state — central government — should take over certain businesses.
Donald Trump is a protectionist, and has actively diminished free trade. Florida governor Ron DeSantis, who has now withdrawn from the race and endorsed Trump, had threatened to punish private companies unless they changed the type of cartoons they drew, or the financial products they sold. Vivek Ramaswamy, the entrepreneur and political novice, launched his campaign platform on a similar concept.
If America is to remain the strongest economy in the world, we must have at least one party that prioritises private enterprise.
Dino Adelfio
Oakland, CA, US