As far-right contenders dominate the #GOP ticket in a state known for its flourishing #economy, the business community is bracing for potential fallout
[#NC restaurant owner Elizabeth] Turnbull, a registered Independent, was alarmed when candidates she viewed as #BadForBusiness, all #MAGA devotees prone to trumpeting #ConspiracyTheories, recently clinched the #Republican nominations for crucial state offices.
There was #DanBishop for #AG, who’d echoed false claims the 2020 election was stolen. There was #MicheleMorrow for the top #education seat, who’d commented “Death to ALL traitors!!” under an illustration of former president Barack #Obama in an electric chair. And there was #MarkRobinson for governor, who’d declared that #transgender women should be #arrested if they enter the ladies’ restroom.
“My ballot is normally purple,” Turnbull said. “But this? It makes me sick.”
The #NorthCarolina Chamber of #Commerce rebuked “#partisan ideologues that cause #division & create #controversy” in an unusually biting stmnt last month, saying the Mar primary results offer a “startling warning of the looming threats to NC’s #business climate.” Ofcls did not put an amt on projected losses.
…Michael Walden, an #economist at #NC State U, who tracked the damage in 2016 [said], “You lose #jobs. You lose #construction activity. You lose an additional tax base. You lose prestige.”
@Npars01@Nonilex
And also bad for company share value, credit worthiness, and other things the rich value. US company valuations have stable government built in. If the government destabilized, it would affect the ratings and value of companies in that country.