From American Thinker

The general public typically equates the Chamber of Commerce with local Mom and Pop businesses in their area which meet for networking and mutual support in local chapters across the country. This is erroneous.

Even seasoned politicians are susceptible to having misconceptions about the Chamber. Former U.S. senator Jim Demint admits he naively thought it was lobbying for free enterprise and creating a better business environment for everybody. Now he says, "I pronounce them part of the swamp." Rep. Justin Amash (R-Mich), a conservative, adds, "I believe in free markets and am against cronyism and corporate welfare, and they [the U.S. Chamber of Commerce] support those things."

So what is the USCC? It is a business lobbying group that represents 80% of the Fortune 100 companies and is by far the largest interest group in Washington. According the Wall Street Journal, the Chamber spent $125 million in lobbying in 2014 and $95 million last year. This dwarfs the spending of any other interest group. One tactic the Chamber uses to swell its revenue is to solicit money from big international companies to promote specific goals. Since donor names are not public, the Chamber can pursue controversial fights without identifying the firms behind the effort.

 

The big hangups the Chamber and its client base had against Donald Trump involved immigration, trade, and tariffs. Adhering to its corporate masters’ call for a continuous supply of cheap labor, the Chamber lobbies for more immigration and resists tight border controls. Trade is much the same. Past trade pacts have allowed Wall Street to grow obscenely rich in the outsourcing of American jobs to third-world countries for sake of the bottom line of the multinationals. In the process, over a million ordinary Americans were left holding the bag. 

What this means is that what is good for Main Street will not be good for Wall Street and Big Biz, at least not in the short run. What benefits the American worker -- fair trade policy and tight immigration control -- will initially hurt Big Biz and Wall Street. And the hurt will continue until the financial economy is scaled back to its proper size and is no longer allowed to the tail that wags the American economic dog. Until then, MAGA is at war with Big Biz and the bought-and-paid-for political establishment. And this explains much of the resistance to Trump's tariffs and trade position.

Read the rest at American Thinker using the source link below
 

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