Panel of Experts Gives Insight on How Trump May Impact Entrepreneurs
Posted in: Events
The four experts on politics and entrepreneurship were quick to acknowledge at a Jan. 30 event one shortcoming for a discussion on what President Trump might do related to entrepreneurship.
鈥淣o one knows,鈥 said Prof. , a professor in 精品成人福利在线鈥檚 Department of Political Science and Law.
Harrison鈥檚 comment was echoed by the other panelists at the event: Julie Roginsky, Democratic political strategist and Fox News contributor, and , partner at and Republican political strategist.
Still, the panelists and moderator , a partner at , offered insight about how a Trump administration might proceed, when the president has issued many ground-breaking executive orders and statements in his first 10 days in office. More than 200 people attended the event, which was sponsored by 精品成人福利在线鈥檚 Feliciano Center for Entrepreneurship, and the Department of Political Science and Law.
Roginsky noted the new administration doesn鈥檛 have a guiding philosophy.
鈥淏usiness people do need a sense of predictability if they鈥檙e going to invest,鈥 said Roginsky. 鈥淚f there was a governing philosophy we could understand, businesses could adjust. 鈥 There are no knowables.鈥
DuHaime noted the flurry of executive actions鈥斺淚t feels like it鈥檚 been the first 100 days already, and it鈥檚 only been 10鈥濃攂ut said he expects from a business viewpoint for Trump to show a more pragmatic side when he needs votes in Congress to create policy, a cooperation he doesn鈥檛 need for executive orders. DuHaime also noted Trump had been known as a pragmatic businessman from New York who for most of his life had been centrist; Trump sees his peer group as CEO鈥檚, not senators and politicians.
Yet Roginsky was skeptical that Trump might shift to a more pragmatic approach.
鈥淚鈥檝e never met a 70-year-old who鈥檚 changed. Hope springs eternal,鈥 she said.
DuHaime noted the political environment had become so polarized, so fast, with the new administration, but said he believed it could be traced back to President Obama鈥檚 failure to not get a single Republican vote on the Affordable Care Act.
In the area of tech, DuHaime said the tech industry had run away from Trump but he believed that circle is broadening. Still, Peter Thiel, the PayPal cofounder and early Facebook investor, remains a great influence on Trump, DuHaime said.
鈥淔rom a tech perspective, it鈥檚 Peter Thiel, and then everyone else is 10 rungs below,鈥 DuHaime said.
But Roginsky questioned how much sway anyone can have over Trump.
鈥淚 don鈥檛 know that anybody influences Trump,鈥 said Roginsky. 鈥淗e feels his gut has gotten him this far.鈥
On the issue of trade鈥攐r any negotiation鈥擠uHaime said that Trump believes the United States negotiates from a position of strength, and therefore prefers a bilateral approach versus a multilateral approach, where everyone at the table must be kept happy.
But Harrison didn鈥檛 think a bilateral approach on trade is realistic.
鈥淭o think he would be able to negotiate with everyone is a farce,鈥 she said.
On Trump鈥檚 goal of increasing manufacturing jobs, Harrison said some of those jobs can be brought back. But she noted that automation, and a generational gap where some workers don鈥檛 have the skills they need for a more tech-savvy manufacturing world were obstacles. Harrison noted the 鈥淟averne and Shirley manufacturing jobs,鈥 a reference to a TV sitcom from the 70s in which the title characters worked as bottle-cappers in a fictitious brewery.
鈥淭hose jobs are gone forever from the United States鈥nd from the world,鈥 said Harrison.
On issues of immigration, which can impact startups trying to hire the talent they need, the panel discussed Trump鈥檚 recent executive order instituting severe restrictions on immigration from seven Muslim countries, an action that has sparked protests at airports across the country.
Roginsky called the action the best recruitment tool for ISIS, and talked poignantly about being an immigrant herself. DuHaime said there鈥檚 no one from this area of the country who doesn鈥檛 understand the threat of terrorism, yet he believed Trump鈥檚 executive order was overly broad, was 鈥渇raught with hyperbole on both sides,鈥 and needed to be communicated more effectively.
The event was well received by attendees, including students and entrepreneurs.
Mike Malyar, who started an intellectual property law firm in Montclair, said the event was very informative. 鈥淚t brought a lot of varied viewpoints to the discussion.鈥
Alex Famula, a junior Political Science major, said, 鈥淚t鈥檚 really great that students and people from the community can connect with someone who is willing to share their political views, especially someone who is on television.鈥