Donald Trump & Debt

Donald Trump & Debt

Donald Trump loves debt. He'll be the first one to tell you.  As a real estate developer with a penchant for casinos, he has encountered both the good and bad sides of financing through debt. When he constantly talks about his ability to make "a deal", he is not speaking out of line. He has, many times before, made a deal to save his company and his own ass from creditors. But what he doesn't understand about government debt far outweighs his ability to cut business deals regarding a casino that is defaulting on its obligations. Unfortunately Donald doesn't seem to understand there is a difference between a construction loan and the trillion dollar deficit our country faces. Below are two instances in which Trump has displayed a complete lack of understanding regarding the fiscal standing of the United States and Puerto Rico. Hopefully someone on one of Trump's favorite "shows" will explain the difference to him sooner rather than later. 

Puerto Rico Debt Crisis & Donald Trump - Vox

Trump & Haircut on US Debt - Vox

Donald Trump is Coherent on Monetary Policy, but Not on Debt - NY Times

Trump Says If Economy Crashes "Can Make a Deal" - Zero Hedge

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