Comment by garbawarb
1 day ago
This sounds like a message to would-be founders: don't base your company in the US. The strongest markets to do business are the ones with the most freedom from government meddling. In the US, big government is happy to use its power to crush private enterprise that it doesn't like.
Note that previously this label has been applied (nearly?) exclusively to non-US companies. US companies that don't do business with the DoD are not affected, and non-US companies that do business with the DoD are affected.
Name one truly major market that is more business friendly
Singapore? The UK, apparently, since they don't do these things?
I think the argument would be that the US is rapidly becoming un-business friendly in the same way that Russia is.