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Decade in the Red: Trump Tax Figures Show Over $1 Billion in Business Losses

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FollowTheWay

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Businesses fail for a variety of reasons and even Warren Buffet has had failures. Not every business venture pays off. And that is why there is a law that allows those in business, especially those like Buffet, Cuban, Trump, et. al., to write off losses, just as Trump has done.

It doesn't appear that you know anything about Trump except what you see in anti-Trump talking points. He didn't get to be a billionaire by being a complete failure. Only about 1/3 of Trump's ventures failed. In the business world, that's a good track record. Entrepreneurs fail more than they succeed as a general rule.

You are holding Trump to a standard that other entrepreneurs are not held to. If everything Trump touches doesn't turn to gold, you hold him up as a failure.

What if we held YOU to the same standard you hold Trump to? How about we define YOU by your shortcomings, and failures in life? Why don't we judge the kind of person you are by every mistake you made and conveniently ignore all of the good things you have done, and all of the successes you have had? We will ignore the good things your friends say about you. We will look at you through lens of what is wrong with you and ignore what's right about you. Would that be fair? Are you willing to be judged by same standard you apply to President Trump?
Show me some references to back up your propaganda. Tell me about the 2/3 of his business ventures that succeeded and how big they were relative to his failures. Let's talk facts not opinion or innuendo.
 

Revmitchell

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Show me some references to back up your propaganda. Tell me about the 2/3 of his business ventures that succeeded and how big they were relative to his failures. Let's talk facts not opinion or innuendo.

I gave you facts in an earlier post. You ignored them so no one is going to take you seriously
 

FollowTheWay

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Businesses fail for a variety of reasons and even Warren Buffet has had failures. Not every business venture pays off. And that is why there is a law that allows those in business, especially those like Buffet, Cuban, Trump, et. al., to write off losses, just as Trump has done.

It doesn't appear that you know anything about Trump except what you see in anti-Trump talking points. He didn't get to be a billionaire by being a complete failure. Only about 1/3 of Trump's ventures failed. In the business world, that's a good track record. Entrepreneurs fail more than they succeed as a general rule.

You are holding Trump to a standard that other entrepreneurs are not held to. If everything Trump touches doesn't turn to gold, you hold him up as a failure.

What if we held YOU to the same standard you hold Trump to? How about we define YOU by your shortcomings, and failures in life? Why don't we judge the kind of person you are by every mistake you made and conveniently ignore all of the good things you have done, and all of the successes you have had? We will ignore the good things your friends say about you. We will look at you through lens of what is wrong with you and ignore what's right about you. Would that be fair? Are you willing to be judged by same standard you apply to President Trump?
upload_2019-5-12_17-54-53.png

I think the best estimate is the one from Deutsche Bank because they've lent him a lot of money in recent years. Notice that Trump claims he's worth over 10 times their estimate.
 

Revmitchell

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And for everyone else Trump wrote a book about his business failings years ago. None of this is news and it is only being made a big deal now to try and make him look bad. The libs are scared to death he will win the next election.
 

GoodTidings

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Show me some references to back up your propaganda. Tell me about the 2/3 of his business ventures that succeeded and how big they were relative to his failures. Let's talk facts not opinion or innuendo.
Here is an article that outlines his successes and doesn't depend on the radical, Leftist liberal rags you rely on to re-enforce your hatred of the President. >>> Trump’s Business Success Is More Than Marginal

Trump is more successful than companies like Hyundai and Pfizer and even rivals Apple.

As for Trump's businesses:

SKBitNQ.jpg
 

GoodTidings

Well-Known Member
View attachment 2836

I think the best estimate is the one from Deutsche Bank because they've lent him a lot of money in recent years. Notice that Trump claims he's worth over 10 times their estimate.
In the media environment we have, there is hardly anyone who lives and operates a business in the public eye that would ever say anything truthful about Trump's real successes due to the prospect of getting boycotted, and black listed in the public arena. Actors and business owners have to face the prospect that they cannot even give the appearance of support Trump without living under the specter of threats and bad press.

So I am not surprised that pubic entities toe the line and only say what they are supposed to say in opposition to Trump in order to preserve their careers and businesses. It is a sad state of affairs that we live in. So I am not really going to believe much of what you post in terms of references given the media climate that makes it dangerous to tell the truth.
 

Adonia

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Why Deutsche Bank Loaned Donald Trump Billions When No One Else Would

‎Fresh Air: Why Deutsche Bank Loaned Donald Trump Billions When No One Else Would on Apple Podcasts

An audio interview about Deutsche Bank's relationship with Trump. At one point since 2009 he struggled to borrow $40M to pay off another loan. The bank refused to give him another loan in 2016. The total loans made by Deutsche Bank was about $2.5B.

And during all that time Mr. Trump kept thousands of people working at his various businesses so that they could make a living and take care of their families. That's a lot more than the last Democrat President ever did to keep people working.
 

RighteousnessTemperance&

Well-Known Member
Why Deutsche Bank Loaned Donald Trump Billions When No One Else Would

‎Fresh Air: Why Deutsche Bank Loaned Donald Trump Billions When No One Else Would on Apple Podcasts

An audio interview about Deutsche Bank's relationship with Trump. At one point since 2009 he struggled to borrow $40M to pay off another loan. The bank refused to give him another loan in 2016. The total loans made by Deutsche Bank was about $2.5B.
Wow! So the gist of this is that the bank took a risk and made great money through Trump investments, and did not give in to Leftist/Progressive forces seeking to undermine Trump through negative press. However, the bank also got caught red-handed in money laundering schemes with Russian operatives that had nothing to do with Trump.

Now, the bank seems overly eager to conspire with the Dems to hand over private Trump financial documentation, even to the point of helping these deeply dirty Dems craft subpoenas for that information. Sounds like these Dems have something else on the bank and are blackmailing them to sacrifice the President of the United States of America to his political enemies.

The official Dem excuse is that some completely unsubstantiated innuendo is justification for this extremely underhanded overreach. Once again, the Dems show their immorality has no bottom floor. Going down? Well, just "follow the way," and the Dems will lead you.
 

FollowTheWay

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Wow! So the gist of this is that the bank took a risk and made great money through Trump investments, and did not give in to Leftist/Progressive forces seeking to undermine Trump through negative press. However, the bank also got caught red-handed in money laundering schemes with Russian operatives that had nothing to do with Trump.

Now, the bank seems overly eager to conspire with the Dems to hand over private Trump financial documentation, even to the point of helping these deeply dirty Dems craft subpoenas for that information. Sounds like these Dems have something else on the bank and are blackmailing them to sacrifice the President of the United States of America to his political enemies.

The official Dem excuse is that some completely unsubstantiated innuendo is justification for this extremely underhanded overreach. Once again, the Dems show their immorality has no bottom floor. Going down? Well, just "follow the way," and the Dems will lead you.
Made great money?? They LOST a bundle.
 

InTheLight

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Obama pulled us out of the near-depression created by GW Bush and then started the recovery. GTrump has simply ridden Obama's success forward. Show me the large impact Trump has had.

GDP growth growing faster under Trump than Obama.

GDP Growth 3 Years.JPG


Hourly wages growing faster under Trump than Obama.

wages average annual.JPG
 

RighteousnessTemperance&

Well-Known Member
Why don't you support your statement that they made a lot of money on him first?
Why should I have to do more than your propagandistic post? My statement stands. The gist of the real information in the message you posted, which was so heavily aimed at smearing Trump and justifying the extreme overreach of the radical Dems, was actually in Trump's favor, except for those who are fueled by hate and want to believe every imaginable lie.

The most that these deeply dirty Dems have against Trump is innuendo, which, just like the Steele Dossier, amounts to enemies planting seeds to undermine Trump's presidency. Let’s lay bare every affair they’ve been involved in first, and see just how things should look in the case of experienced politicians so that we will have something to compare with when Trump’s dealings are exposed to his enemies.
 

FollowTheWay

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GDP growth growing faster under Trump than Obama.

View attachment 2838


Hourly wages growing faster under Trump than Obama.

View attachment 2839
But the average number of working hours per week went down reducing this to a breakeven or slightly better.

The average hours per week has trended in quite a different direction, from around 39 hours per week in the mid-1960s to a low of 33 hours at the end of the last recession. The post-recession recovery has seen a trivial 0.7 bounce (that's 42 minutes).
 
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InTheLight

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But the average number of working hours per week went down reducing this to a breakeven or slightly better.

No, the metric is "average hourly wage" improvement year-over-year.

Average hours per week went down under Obama, because of the stipulation in ObamaCare that jobs would be considered full time jobs if they were 30 or more hours per week. Basically, a company of 50 or more employees had to provide health care if a worker worked more than 30 hours per week. So guess what? Companies started having a lot of workers work less than 30 hours per week.

So, yes, there is an economic condition that Trump inherited from Obama.
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Investing.com -- A new study by economists from Harvard and Princeton indicates that 94% of the 10 million new jobs created during the Obama era were temporary positions.

The study shows that the jobs were temporary, contract positions, or part-time "gig" jobs in a variety of fields.

Female workers suffered most heavily in this economy, as work in traditionally feminine fields, like education and medicine, declined during the era.

The research by economists Lawrence Katz of Harvard University and Alan Krueger at Princeton University shows that the proportion of workers throughout the U.S., during the Obama era, who were working in these kinds of temporary jobs, increased from 10.7% of the population to 15.8%.

Nearly 95% of all new jobs during Obama era were part-time, or contract
 
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