Moody's Analytics found that we are headed straight for a major recession if Donald Trump is elected, and its prediction looks more and more valid as the election approaches. A recession would mean a loss of business for entrepreneurial companies and jobs for millions of Americans. There are already estimates that a Trump presidency could cost the U.S. economy $1 trillion and 4 million jobs by 2021.

At first glance, some of Trump's policies sound like they could help entrepreneurs. Cutting taxes on businesses and repatriating monies that firms have parked overseas could bring needed investment into America.

Those aren't bad ideas, but many fellow business owners and clients tell me all bets are off if Trump wins. They don't want to make investments in hiring, expansion and equipment when recession looms. In fact, they would likely cut jobs.

Trump's refusal to acknowledge the fact that we are an important part of a global economy would have such a sweeping, ongoing effect, it would cancel out any good his policies would do. His rejection of the idea of a more global world is not only ignorant and bizarre — given his own global sourcing for his ties, steel and suits — but threatening to America and its allies' security, creating dangerous instability.

Yes, many jobs have been lost to overseas workers, but they are not returning. And many Americans have not been fully briefed on the fact that embracing global markets help bring jobs to the United States. Exports continue to be a big engine of our economy, helping many of our manufacturing plants stay alive.