The Florida Republican Governor’s effort to go BACKWARDS to the 1950’s has NOT helped his effort to become the American President…
Not even in his own party….
It HAS cost his state hundreds of millions of dollar and piles of lawsuits…
Ron DeSantis is proving he’s NOT a very good politican and worse Governor….
Florida Gov. Ron DeSantis initially styled his presidential campaign around the idea of himself as the avatar of the GOP war against corporate environmental, social and governance policies. But he barely mentions the topic in the economic agenda he just rolled out. And upstart Vivek Ramaswamy, whose claim to electoral relevance was rooted in attacks on ESG, has also moved on to other topics in his bid for the White House.
Those shifts are the latest sign that Republicans’ attempt to make sustainable investing a campaign issue might not be working. A Morning Consult survey of nearly 2,000 voters conducted in June found that less than half of voters think corporations are pushing “wokeness” too far — a number that drops to 33 percent with regard to Wall Street.
The signs of potential voter resistance have been around for awhile. A report released last year by Penn State’s Center for the Business of Sustainability and ROKK Solutions, a Washington-based bipartisan public affairs firm, found that majorities in both parties oppose government limits on ESG investments. Republicans were even likelier than Democrats to oppose restrictions, according to the report.
And there are also signs of resistance at the state level, where Republican officials have led the way in efforts to punish companies over their policy choices. The American Legislative Exchange Council, a group of conservative state lawmakers, didn’t even consider adopting a “model policy” at its conference late last month to serve as a template for governments that want to stop doing business with companies whose business practices they oppose. The group had twice previously declined to endorse the measure.
Conservative politicians have faced pressure from long-time allies like the American Bankers Association, which has used its influence at the state level to kill off or water down some of the more far-reaching (and costly) anti-ESG measures.
“ABA and our state association colleagues appreciate that ALEC members chose again not to pursue anti-bank ESG model policies,” Blair Bernstein, an ABA spokesperson, said in a statement. “We remain hopeful that ALEC will continue to take a thoughtful approach to these issues and respect the free market principles on which it was founded.”….
Note…
The author of this piece labels the culture stuff……ESG….GOP war against corporate environmental, social and governance policies….