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VANCEONOMICS: WHAT TRUMP'S VP PICK COULD MEAN FOR BUSINESS.
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- Author(s): ROBERTS, JEFF JOHN (AUTHOR)
- Source:
Fortune International (Asia). Aug/Sep2024, Vol. 190 Issue 1, pN.PAG-N.PAG. 1p.
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- Additional Information
- Subject Terms:
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- Abstract:
J.D. Vance, author of the memoir "Hillbilly Elegy," has gained attention for his populist views on Appalachia and his connections to wealthy elites in the tech and venture capital industries. As the Republican nominee for vice president, there is speculation about what approach Vance would bring to the White House if elected. While it is too soon to say for certain, Vance's record suggests that he may prioritize protecting American manufacturing, imposing tariffs, and limiting immigration. His views on labor rights and CEO pay may not align with the priorities of his venture capital donors, but they support him due to a shared interest in economic nationalism and potential favorable regulations for cryptocurrency. Vance's economic policies could have an impact on the labor market, potentially leading to higher wages and inflation. However, his age and potential for evolving in his thinking make it difficult to predict his exact economic influence. [Extracted from the article]
- Abstract:
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