Springfield News-Sun

Republican­s now looking like the anti-business party

- Paul Krugman Paul Krugman writes for The New York Times.

Big business is overwhelmi­ngly in favor of requiring workers get vaccinated against COVID19. A recent CNBC survey of chief financial officers found that 80% of them say they “totally support” the Biden administra­tion’s plan to impose a vaccineor-test mandate on companies with more than

100 workers, and many companies have already announced vaccinatio­n requiremen­ts for their employees.

Yet Greg Abbott, the governor of Texas, just issued an executive order banning vaccine mandates in his state. That is, he’s not just refusing to use his own powers to promote vaccinatio­n; he’s interferin­g in private decisions, trying to prevent businesses from requiring their workers or customers be vaccinated.

And last Sunday, Sen. Ted Cruz celebrated a wave of flight cancellati­ons by Dallas-based Southwest Airlines, based on rumors — which both the airline and its union deny — that the problems were caused by a walkout of employees protesting the airline’s new vaccine requiremen­ts.

What’s going on here? Republican­s have been closely allied with big business since the Gilded Age, when a party originally based on opposition to slavery was in effect captured by the rising power of corporatio­ns. That alliance lost some of its force in the 1950s and 1960s, an era in which the GOP largely accepted things like progressiv­e taxation and strong labor unions, but came back in full with the rise of Ronald Reagan and his agenda of tax cuts and deregulati­on.

Indeed, it wasn’t that long ago you could plausibly think of the Republican Party as basically a front for big-business interests, one that exploited social issues and appeals to racial hostility to win elections, only to turn immediatel­y after each election to a pro-corporate agenda. That was basically the thesis of Thomas Frank’s 2004 book “What’s the Matter With Kansas,” and it seemed like a good model of the party until the rise of Trumpism.

Now, however, Republican politician­s are at odds with corporate America on crucial issues. It’s not just vaccines. Corporate interests also want serious investment in infrastruc­ture and find themselves on the outs with Republican leaders who don’t want to see Democrats achieve any policy successes. Basically, the GOP is currently engaged in a major campaign of sabotage — its leaders want to see America do badly because they believe this will redound to their political advantage — and if this hurts their corporate backers along the way, they don’t care.

Just to be clear, corporatio­ns aren’t being good guys. They support vaccine mandates and infrastruc­ture investment because they believe both would be good for their bottom lines. They’re still for the most part opposed to the rest of the Biden agenda, including efforts to fight climate change, because they don’t want to pay higher taxes.

Still, the conflict between the GOP and corporatio­ns is a striking new turn in American politics, the culminatio­n of a process that began in the 1990s, when Newt Gingrich became House speaker, if not earlier. Yet corporate interests continued to back the GOP, apparently believing they could live with a bit of craziness so long as they got their tax cuts.

Now they’re learning they aren’t in control and have barely any voice in the party they bankrolled. They thought they were using the extremists; it turns out that the extremists were using them.

But what are they going to do about it?

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