THE FORTUNE 500 VS. THE REPUBLICANS....Sam Heldman points out today that a lot of big companies oppose President Bush's stand on affirmative action because it reduces the pool of minority graduates they can recruit from.
I've also read a number of articles lately saying that corporate America is rather shaky in its support of war with Iraq due to a belief that "war jitters" are hurting the economy. What's more, they aren't really completely on board with the dividend tax cut because their real concern is stimulating the economy now, not providing shareholders with an incentive to demand ever larger dividends.
None of this is more than background noise at the moment, but it's worth paying attention to. Big business is obviously one of the Republicans' core constituencies, and grumbling in the bleachers today could lead to catcalls from the season ticket holders tomorrow.
—Kevin Drum 8:55 AM
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