The Economist: ‘The Economist examined federal filings covering donations by business leaders and their families across these channels. In the second quarter of 2026, the latest period for which data are available in full, 33% of their giving went to Democrats, up slightly from 31% across 2025. Yet that vastly understates the shift, as a disproportionate share of mega-donors support Republicans. Strip out the ten biggest—including Elon Musk—and 51% of donations in the second quarter went to the Democrats, up from 36% throughout last year.’
And: ‘For the most part, America Inc still draws the line at supporting socialists.’
Also: ‘At the same time as companies try to avoid congressional scrutiny, they must maintain good relations with Mr Trump and those in his orbit who could seek the presidency in 2028.’
In other words, hedge your bets, but never bet on socialists.
(a sf 2274)
