Critics have said that the program allows firms to seek cheaper labor to maximize profits and puts foreign workers ahead of Americans. There is no equivalent outreach to conservative movements from big business. Brat went after Cantor specifically for his support of strengthening the H1B visa program, a policy especially favored by tech companies such as Facebook since it allows them to hire more engineers from overseas. Weegy: The winner of each election won despite losing the popular vote were notable of the elections of 20. Weegy: Too many risky loans given out would be considered a cause of the 2007-2008 economic crash. While everyone is focused on Brat’s critique of Cantor’s immigration stance, that attack came in the broader context of the increasingly potent “crony capitalism” theme. Big business conservatives, Christian religious leaders, and various fringe groups formed a new conservative coalition in the late 1970s known as the A) Alt Right. Big business conservatives, Christian religious leaders, and various fringe groups formed a new conservative coalition in the late 1970s known as the A. Someone’s paying the price for that, and guess who that is? You.” But when you’re favoring artificially big business, someone’s paying the tab for that. Very good at fundraising because he favors big business. “If you’re in big business, Eric’s been very good to you, and he gets a lot of donations because of that, right?” Brat said at a local meeting of Republicans in Virginia, according to Politico. Chamber of Commerce and the Business Roundtable,” wrote Politico in April. “The central theme of Brat’s campaign is that Cantor is beholden to business - specifically the U.S. But even worse for their prospects, Cantor lost to a challenger who specifically attacked him for his close ties to big business - going so far as to single out the BRT and the Chamber. Chamber of Commerce and the Business Roundtable just got a whole lot worse.įor one, they lost a major defender of their favored policies–from the beneficial tax treatment of private equity income to immigration reforms favored by the country’s biggest tech companies. The country’s most powerful business lobbying groups already knew they had a problem with the GOP when Tea Party lawmakers nearly forced the country into a massive default of its debt last year.īut with Eric Cantor’s shocking defeat Tuesday night, things for the U.S. From Why Cantor’s loss is especially bad news for big business – The Washington Post: By Ben Casselman and Jim Tankersley Republicans in Washington and around the country have soured on big business, joining Democrats in expressing concern that corporations wield.
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