Saturday, March 26, 2016

Trump can't succeed in business even while trying, so how can we expect him to succeed as President?

By Glen Wallace

How can we expect Trump to solve America's wide ranging problems when he is so quick to say "I can't" when it comes to solving his own business problems?  After all, he is supposed to be a business specialist, and it turns out he is not so great even at that.  He has said "I can't" four times oven when asked if he can keep his failing business enterprises out of bankruptcy.  And contrary to his own claims, four bankruptcies is far in excess of a typical or average number of bankruptcies filed, if one is ever filed, by an entrepreneur like Trump.  And contrary to his claims that only large banks had to eat the losses from those bankruptcies, that is false as well.  Most, if not all of those bankruptcies involved bonds that the bondholders had to take a haircut on.  Very often, corporate bonds are held by a variety of ordinary citizens, including senior citizens that rely on the payments from those bonds for a very limited fixed income.

If he had to tell the truth under penalty of perjury and was asked "can you ever give a straight truthful statement about your weaknesses and failings when you're not under oath?" Trump would have to answer "I can't".  While still under oath, if he were asked if he were President, could he honestly put a plaque on his desk like President Truman did, that says "The Buck Stops Here", Trump would have to answer "I can't, because I 'm too much of a weasel, I like to weasel out of taking personal responsibility for what I say or do."

 Instead of trying to find ways to manufacture his shirts in the U.S., Trump just throws out more excuses for why he can't.  Did he even bother asking New Balance how they can manage to still manufacture shoes in the U.S.?  Did he try to figure out that if they can make shoes here, and Faribault Woolen Mills can make blankets here, and Red Wing can make boots here, then why can't I follow their successful models to make my shirts here?  I highly doubt it.  How can we expect him to explore ways to help the American worker as President when it doesn't seem like he is willing to lift a finger as a business man to avoid offshoring the jobs that make his shirts to foreign shores?  Trump couldn't be bothered by the unwashed masses other than finding the right buttons to push and strings to pull that get their emotions turned in his favor.