An unsafe world for US companies

November 7th, 2005 at 20:33 Björn Hallberg

Brand America is taking a beating. Now there is finally some good news. And again, ironically, although the immediate evidence suggests that the Bush regime has been a total failure, in the long run their arrogance and bluntness may have been a welcome wake-up call for the rest of the world. Nemesis awaits.

Asia Times - Increasingly, the business media is suggesting that corporate leaders, who once hoped the current administration would push the corporate globalization of the Bill Clinton years to new heights, now fear another fate from the international order Bush has created. Tax cuts and deregulation on the domestic front have been obvious bonuses, but otherwise many US multinationals face a troubling scene. The White House’s failed CEOs have pursued a global agenda that, at best, benefits a narrow slice of the American business community and leaves the rest exposed to a world of popular resentment and economic uncertainty.

In short: if Bush is an oil president, he’s not a Disney president, nor a Coca-Cola one. If Cheney is working diligently to help Halliburton rebound, the war he helped lead hasn’t worked out nearly so well for Starbucks.

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