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Anonymous
Anonymous asked in Politics & GovernmentPolitics · 1 month ago

Trump has repeatedly called himself a winner but do winners lose the White House, the Senate, the House of Rep and file 6 Bankruptcies?

10 Answers

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  • L
    Lv 5
    1 month ago

    Trump has NEVER filed for Bankruptcy.............only his businesses have.

    Trump did win.....................the corrupt Democrats CHEATED and elected Biden .

    The Senate majority are Republicans.  The House............it's such a total corrupt mess - no one knows what the heck they are doing.

  • GiGi
    Lv 6
    1 month ago

    Trump didn't lose the House in 2020.  In fact, the House lost part of their majority (every single contest went for the Republican).

  • Anonymous
    1 month ago

    Not in general. One of the Senators who voted to impeach Trump responded to critics who wanted to make sure that Trump will be the future of the Party by pointing out how disastrous Trump has been for them electoral e. Interest for years the Republican party has lost the White House, the House of Representatives, and the Senate. No party has ever done that since Herbert Hoover in 1932. Trump also managed to lose the popular vote in both of his presidential elections. No winning candidate has done that before. He now enters a club of presidential losers inhabited by people such as Adlai Stevenson, Thomas Dewey, and William Jennings Bryan who tried and failed to get the Mandate of the people. We also saw that in 2018 the Republicans suffered tremendous losses in the midterm. In fact it was the largest midterm lost the party and suffered since 1974. That your is significant because it's the year of the Watergate scandal reached its head and Richard Nixon resigned. So Trump was so terrible as president that he caused the GOP to lose more seats than they ever have since they were tied to the greatest scandal in American history.

    In a larger sense, Trump is not, by any objective standards of Winter. The only way that he was a winner is in the genetic Lottery. She had the Good Fortune to be born to Frederick Trump senior a man who, Huawei truly horrible human being, was an incredibly successful businessman. Frederick Trump was a multi-millionaire before Donald Trump was even born and Donald owes his relative success, and his continued wealth, entirely to the fact that his father was wealthy. Marco Rubio actually had it right back in the 2016 primary, when he was still running against Trump, and said that if Trump had not been born to a millionaire he would be selling fake Rolexes on a street corner. Frederick Trump's wealth allowed his son to get start in business and live a wealthy lifestyle. If Frederick Trump had been an ordinary person Dan Donald would have been some poor huckster trying to run Petty scams on people. We know that Trump is really really bad at business because of his record. You mentioned me six bankruptcies he had. His supporters will sometimes try and defend it by using a standard which Trump himself is used, the fact that these were business bankruptcies and not personal bankruptcies. But then actually makes it worse in my opinion. All the bankruptcy means that you can't fully pay your bills. People can end up in personal bankruptcy for a lot of different reasons, many of them not necessarily their fault. Fact, about three-quarters of personal bankruptcies in the United States are to partially or entirely to medical debt, something that individuals are largely not responsible for. But the fact that Trump had to declare corporate bankruptcy several times shows that he's not very good at business. If you was, then he wouldn't have to seek out government protection to ward off his creditors. Some Strokes Defenders will also argue that this is just the normal given take a business. But that's not true. It's certainly true that it's normal for a corporation have failed product lines and business initiatives. This is true even of Highly Successful companies such as Apple and Google. Anyone remember Google Glass? But that's not what we're talking about. Trump certainly has number of failed product lines. These include things like Trump steaks, Trump ties, Trump the board game, etc etc. But what we're talking about is Corporate bankruptcy. That's different. That means that your business is in such dire Financial Straits and oh so much more money than they are able to pay that they have to get the government to protect them from the people who they owe money to. That's a failure. Successful businesses don't declare bankruptcy. Now it's certainly true that, As Trump claims, if you are in a position where you owe a lot more money than you can pay, it may be smart to declare bankruptcy. But it's better than not get in that position and good business people managed to Stave off the need to file bankruptcy. These were also not some minor businesses, another argument that Trump supporters sometimes make. Trump declared bankruptcy in his core Business areas, hospitality and entertainment. It was his hotel chains, his Casino chains, et cetera that declared bankruptcy. This would be like Google declaring bankruptcy over there search engine or Amazon declaring bankruptcy over their web sales and web service. So Trump was a failure as a businessman because he, not once, but repeatedly had to declare bankruptcy. In fact, the New York Times discover, from Trump's tax returns, that he lost more money in one year than any other business person in America. As a businessman, Trump was sometimes able to make money when he lucked into a stable situation where he had built-in structural advantages. So, for example, he was able to make some money in casinos in Atlantic City when gambling was essentially legal elsewhere east of Nevada. With a captive Market, Trump was able to actually make some money off of gambling. Of course, Trump's poor business Acumen shows in the fact that he made less money as a casino operator than his contemporaries were, but he still made money. The problem came when other gambling venues started to open up. Trump was completely unable to compete in an Open Marketplace. His business has ended up failing. This shows his deficiencies as a business person. The only really thrived in a closed market place where he had, largely unearned, structural advantages which protected his ability to earn money. In an Open Marketplace, one where anyone can compete and where his business Acumen mattered more, he was unable to actually make his business a success. Trump's entire business history is predicated not on His Brilliant business Acumen but on unearned benefits. You started his career with a massive leg up because of his father's wealth and connections. Fred Trump's massive wealth helped finance his son Donald's entry into the building trade. So did the political and business contacts which Fred Trump had established over Decades of operation in the New York real estate market. Donald's first project was financed through loan guarantees that his father made. He also got a loan to finance it primarily because his father was friends with the loan officer at the bank. Fred Trump constantly bailed out his son to ride his wife whenever he ran into economic trouble, which was frequently. After Fred Trump died, and after Donald Trump's businesses collapsed in the 1990s his economic fortunes were rescued again, not by his own Ingenuity and business Acumen, but by A Stroke of Luck coming from outside. Mark Burnett, the hugely successful reality TV show producer, wanted to do a version of the show Survivor set in Corporate America. He needed a businessman to host it however and thought of trump. The Apprentice reinvigorated Trump's finances in the 21st century and brought him a whole new audience. Trump was able to Leverage The Fame of The Apprentice to engage in new product promotion deals and endorsements which buoyed his finances which were otherwise pretty terrible. Now, Trump did have some skill as showman. One of his few genuine talents is for self-promotion. But it's critical to understand that he really was saved by outside intervention once again. He didn't create The Apprentice, Mark Burnett did. So I think we can see from his personal business and economic history that he's really incredibly terrible at it. In fact, many ways, he's a loser, albeit one who has been kept afloat by his family's enormous fortune and several Strokes luck

  • 1 month ago

    Winners don't quit after losing once or twice.  They keep trying.  Losers point out the failures of winners while ignorantly ignoring their successes.  Guess which one that makes you, sparky.

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  • ?
    Lv 7
    1 month ago

    Trumptard has a bizarre definition of winning.

  • Anonymous
    1 month ago

    No, Trump is a LOOOOOSER!

  • Anonymous
    1 month ago

    This is like the Detroit Lions calling themselves  winners or the Washington Generals. No one believes it but delusional people.

  • 1 month ago

    Trump loves opposite sketches.

  • joshua
    Lv 5
    1 month ago

    Ok but as you said, he lost the White House. Meaning he’s no longer in power. So maybe we can move on from Trump

  • 1 month ago

    In ways he has been. But he damaged his cred along the way.

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