Trumponomics

Posted by Just_Insomnia

21 comments
  1. He’s not playing 4D chess, he’s playing remedial checkers with little turds. America is weaker under his administration, and has become a laughing stock to the world.

  2. And he is getting help from the guy that bought Twitter for $44 billion and turned it into X worth $9 billion (and shrinking).

    I think we should expect the same for our economy – about a 3/4 reduction in value….

  3. And steak, and liquor. In america. It’s almost impressive.

  4. Trump has fucked this country for decades and we’re less than 2 months in. ☠️

  5. It’s almost like the country is being run by a stooge out in place by Russia to tear down their biggest obstacle

  6. Trump has spent his entire life and career taking advantage of his power and privilege to enrich himself.

    For all those who voted for Trump because they thought it best for a “business man” to run the country:

    Trump is a notorious financial fraud who has bankrupted or crippled practically every business, product, or service that he’s tried to slap his name on. He has often profited off of this by leveraging other people’s money to make bankruptcy work for him.

    Here’s a long list of Trump’s business failures:

    – Trump Casinos and Hotels
    – Trump University (The Trump Entrepreneur Initiative)
    – Trump Magazine
    – Trump Airlines
    – Trump Beverages
    – Trump “The Game” (yes a Donald Trump boardgame)
    – Trump Mortgages
    – Trump Steaks
    – Trump Travel Site
    – Trumpnet
    – Trump Tower Tampa
    – Trump Vodka
    – Trump Fragrances
    – Trump Mattress
    – Trump Network
    – Tour de Trump
    – Trumped! (Trump Radio)
    – Truth Social (why not call it “Trump Social” at this point?)

    He has been involved in over 4,000 legal cases, many of which include financial crimes, multi million dollar real estate and tax disputes, corrupt business practices, state law violations, disputes with patrons, small businesses, employees, etc…

    Trump has profited off of screwing over these small businesses and financial associates who had the misfortune of trusting him with their money or labor.

    He has also profited off of lying about his wealth and the value of his properties, he even lied to get on the Forbes list, and he often threatens to sue anyone who publicly speculates about his real net worth.

    He is a symbol of American greed, born into privilege and wealth and too big to fail. He will exploit anyone for a quick buck.

    Over a period of time between the ’80s and ’90s, Donald Trump had lost more money than any other American taxpayer. His business decisions nearly led him to ruin. But he continued borrowing money, particularly from his father and from banks, which allowed him to avoid paying income tax for many years, all while he amassed unsustainable debts, then dumped them onto others.

    Then his lucky break, The Apprentice, just another example of his luck and privilege. By the show’s premiere, Trump had squandered his riches, but the show played a significant role in boosting his income and public image. In fact, if it weren’t for his reality TV show break, he may be known today as the infamous fraudster and financial failure he was always destined to be.

    This isn’t even the tip of the iceberg, but it’s clear so far that Donald Trump is not the economic genius he’s touted as by both him and his supporters, and he’s spent his entire life exploiting others to enrich himself, cashing in on his circumstances at the expense of others, while he has also made a career out of leveraging his wealth, power, and privilege to game the justice system in a way that helps him avoid being held accountable for his crimes, his misconduct, and his countless legal troubles.

    Let’s not forget about Trump’s recent felony convictions for falsifying business records in order to conceal a crime.

    While during his presidency, Trump was forced to pay more than $2 million in court-ordered damages to eight different charities for illegally misusing charitable funds at the Trump Foundation for political purposes

    As part of the settlement, Trump was required to acknowledge his personal misuse of funds at the Trump Foundation, and it was forced to shutter its doors and dissolve under court supervision.

    Then there’s Trump University…

    In 2013, A lawsuit was filed by New York’s AG, accusing Trump of defrauding thousands of people who attended Trump University. New York regulators forced Trump to stop using the term “university” to describe his grifting scheme, calling Trump’s use of the word, “misleading and even illegal.”

    Former students recount being pressured to provide high approval ratings for the courses they were taking, or have their graduation certificates withheld. Thousands of students sought course refunds and claimed that they never received any benefits from the courses.

    There was also a separate class action lawsuit against Trump University, Trump’s counterclaims were dismissed and he even tried to file a defamation suit against one of the students who made her experiences at the “university” public. Trump University was later ordered to pay this student’s legal fees and extra costs. Trump was eventually found to have defrauded students and was forced to pay $25 million in restitution.

    Trump is also known infamously for not paying what he owes. This includes hundreds of millions in loan forgiveness and legal penalties, and unpaid bills for rally costs at cities around the country.

    As president, Donald Trump directed taxpayer money towards his businesses. The secret service and other government parties were forced to overspend at Trump properties and on accommodations.

    Trump often made foreign and domestic business deals while president. Booking events for foreign governments at Trump owned locations in order to curry favor with his admin.

    Trump promoted his properties while President, and hosted taxpayer funded events.

    It should also be noted that just prior to his inauguration, Trump met in private with several billionaires, including tech and news media moguls, social media owners, and executives at the top of some of the richest and most massive corporations in the world. These billionaires pledged millions of dollars towards his presidency and were invited to sit in the VIP section at his inauguration while his supporters stood out in the cold.

    These plutocrats and special interests assured him that they will be in lockstep with his administration, an admin that is the richest in US history. Populism my ass…

    Trump is a notorious grifter. Everything from your typical hats, T-shirts, clothing and accessories, to watches and jewelry, NFTs and digital collectibles, commemorative medallions and coins, Trump currency and trading cards, tacky sneakers, overpriced Bibles, cologne and perfume, among other merchandise and MAGA memorabilia that he continuously suckers his followers into buying. Easy money that typically gets reserved for his legal fees.

    Make no mistake here, Donald Trump is not “America first,” he is Trump first, *always.* He is always thinking of ways to exploit his power and privilege to enrich himself. He has no reason to stop, in fact, he has an even greater incentive this time around to continue taking advantage of his presidency to deepen his own pockets..

    So yah, Trump is running the country like he runs his businesses, straight into the ground.

  7. “I do play with the bankruptcy laws—they’re very good for me.”

  8. People need to stop repeating MAGA talking points and speak to what they are doing. Trump and Musk are co-opted by Russia. They are trying to dismantle Western alliances, the United States Government, and the constitutional democracy itself. This is not some Orwellian dystopia. Prior need to stop repeating the bullshit doubelspeak from Trump and his sychophantic lapdogs saying he is eliminating waste and improving efficiency when they simply dismantling government. I’m not sure it is possible for them to open their mouths without lying.

  9. He’s playing tic tac toe and he can’t understand why he can’t win

  10. The economic practices of this nation have been heading in one direction for decades. The speed has fluctuated based on which party was in power, but nobody even attempted to change course. To do so would be to question how we as Americans fundamentally live: how we eat, spend, get from place to place, etc.

    This has all been a long time coming. People tend to blame things on current administrations. Don’t give Trump credit for long term trends, either position or negative. He exasperates existing evil. He did not create racists, misogynists, or white supremacists. He enables them and uses them. People mistake Trump for a disease when he is but a symptom of a far greater illness grasping this nation.

  11. Probably because they were just money laundering covers for Russian dealings! Maybe, what do I know.

  12. Its easy to misunderstand what/how he ran his predatory business too. Junk bonds, tricking others to taking all the risk. Including banks and later the public.

    He profited off others failures and blackmailed… sorry “greenmailed” companies to buy back shares at extreme markups. Trump was a minority owner in all “his” casinos.

    His entire career has been a fraud.

  13. Four bankruptcies in 1992. He also filed for bankruptcy in 2004 for Trump Hotels and Casino Resorts in 2004, and Trump Entertainment Resports in 2009. Those are just the times he filed for bankruptcy.

    He also failed at the following:

    Trump Shuttle Inc (1989 – 1990)

    Trump University (2005-2011)

    Trump Mortgage LLC (2006-2007)

    GoTrump.com (2006-2007)

    Trump Steaks (2007 – one month later)

    https://www.latimes.com/business/story/2022-05-18/trump-business-partners-outline-his-failed-deals

  14. Trump is a fucking moron, and he’s hurting the economy.

    But stop perpetuating the stupidity that any president *runs the economy*.

  15. You have to be extremely stupid to bankrupt a casino. How stupid do you have to be to bankrupt 4 casinos? 🤣🤣🤣🤣

  16. You can’t say that bc then alot of Maga gets mad. They don’t know how to cope with that.

  17. A convicted felon who has cheated on every one of his wives, run multiple businesses into the ground, thrown his friends under the bus when they were no longer useful, a compulsive liar, an obnoxious asshole,etc…

    I guess you can only fit so much on one sign.

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