Once upon a time–and it wasn’t that long ago–the GOP was operated by and for business interests. Its primary concern was to limit the size, intrusiveness, and cost of government. The record will show that, over the last forty years, it was largely successful.
But that was then, and this is now. Today’s GOP is run by reactionaries, whose principal concern is to hijack government to fight and win culture wars. The GOP now believes in arbitrary interventions in the market in order to accomplish that purpose. It is also a force for instability and unscripted constitutional change, which is even worse for business than high taxes and heavy regulations.
If, as seems likely, the GOP wins control of both houses of Congress in November, a terrifying debt ceiling crisis is likely to result, with all of the risks that brings to investors and business interests. Will that prevent PBPs from supporting Republican candidates in November? Probably not, so don’t feel sorry for them if the inevitable occurs thereafter.