Trump’s ‘Greatest’ Claim About Business Backfires Spectacularly
President Donald Trump on Sunday attacked business leaders who are critical of his tariffs ― which is a large portion of business leaders ― as “bad at business.”
And he declared himself the “greatest friend” of capitalism.
But that led to some quick reminders about the president’s own decidedly mixed background as a businessman, including bankruptcies for some of his companies.
Trump wrote on his Truth Social website:
Donald Trump/Truth Social
Trump’s on-again, off-again tariffs and other trade war policies have caused stocks to plunge, with the Dow Jones Industrial Average losing nearly 5,000 points since he took office.
There’s also been a dramatic sell-off of the U.S. dollar.
Some have predicted a recession ― or worse ― as a result of Trump’s policies.
Critics were quick to point out all that and more, including Trump’s own track record in business: