A message to the elite

Richard Murphy on tax and economics

The FT has reported that:

Donald Trump’s anti-trade stance has been blasted by a pillar of the corporate establishment in an attack reflecting growing alarm in business over the property mogul’s dominance in the Republican presidential race.

Jim McNerney, a former top executive at Boeing, 3M and General Electric, said on Tuesday that Mr Trump’s hostility to international trade posed a serious threat to US prosperity.

In another article the FT has suggested that three commissioned surveys by economic forecasters all showed that it was likely that Brexit would impose considerable costs on the UK.