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Reply to "Trump 47 Economy"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Trump is such a loser. He inherited a fabulous economy that was the envy of the world. He s**t the bed with it. Thanks to the dumb Americans that voted for him.[/quote] This is just a repeat of his whole career as a "businessman." Let's review. He inherited a massive fortune from his father ($413 million in today's dollars). Over the years, Trump's businesses have declared multiple bankruptcies (six corporate bankruptcies, especially in casinos). Fred Trump didn’t just give Donald a one-time inheritance—he propped up Donald's businesses repeatedly, both directly and indirectly, over several decades. Without those interventions, many of Donald Trump's ventures likely would have failed earlier or more severely. Forbes and other financial analysts have argued that Donald Trump underperformed the market. If he had invested his inheritance in a simple S&P 500 index fund, he might have had far more wealth today. A 2018 NYT report suggested tax avoidance schemes and heavy reliance on his father’s financial support throughout his life, contradicting the “self-made” image. WHO COULD HAVE KNOWN?![/quote] He is making it all back and more by all his grifting as POTUS. People are paying him to not target their businesses. Then there’s the gimmicks with all his meme coins that he and his family get people to purchase everyday. The new sovereign fund that he will funnel through. The billion dollar free legal defense he extorted from hypocrites called big law. And let’s not forget the money he grifter and stole during his first rodeo as potus when he repeatedly violated the emollient clause by requiring people to stay at Trump hotel; secret service to pay above cost at maralago; the multi billion dollar payout from the Saudi to SIL and more. [/quote]
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