“It’s pretty widespread,” said Margaret Lauderback, vice president of Republican outreach for TechNet, a political action group that contributes equally to both major parties, regarding Bush’s support from CEOs. She attributes the president’s popularity with technology leaders to his support for increased federal research and development spending, expanded free trade and other policies the industry has championed.
“Bush is the incumbent, and corporate executives recognize maybe better than anybody else the value of showing support to the person in office,” said Steven Weiss, communications director for the Center for Responsive Politics.
Of course. Cheap labor conservatism and Bush’s prediliction for giving massive tax cuts to rich CEOs at the expense of the middle classes has nothing to do with it.