David Rosenberg doesnt beleive it either. Says its all fickle youth employment, debt. Should have been a 4% GDP attached to it.
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The "job killing" carbon tax.
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Well, it's not a real job if it isn't a union job......
Trump's economy might be half smoke and mirrors, but ours is all Care Bears.
One leader has a record of getting things done. The other hasn't ever done anything at all.
The truth in time might show in the tax rate. Let's see where ours has to go in comparison.
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Originally posted by chuckChuck View PostLeave it to Jazz to explain how losing a billion dollars is a sign of a successful business. Is Art of the Deal your favorite book? Lol
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Don't confuse public companies share values that go up and down on the stock market that are required to report their profit and losses with Trump's privately held businesses where there is almost no information available. There is a reason he doesn't want to release his tax returns.
The 10 years of tax information the NY Times came up with showed that Trump lost a billion and then bragged about being a great businessman and then lied about his success in the his book "Art of the Deal". He has made a career out of show business and relied on daddy's money to prop him up. Without his daddy's money he would likely have been small potatoes. His book should have been called "Art of the Con"
But if these types of leaders impress you with their business savvy then I have got some swamp land in Florida for you!
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Originally posted by chuckChuck View PostDon't confuse public companies share values that go up and down on the stock market that are required to report their profit and losses with Trump's privately held businesses where there is almost no information available. There is a reason he doesn't want to release his tax returns.
The 10 years of tax information the NY Times came up with showed that Trump lost a billion and then bragged about being a great businessman and then lied about his success in the his book "Art of the Deal". He has made a career out of show business and relied on daddy's money to prop him up. Without his daddy's money he would likely have been small potatoes. His book should have been called "Art of the Con"
But if these types of leaders impress you with their business savvy then I have got some swamp land in Florida for you!
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Took a million dollar inheritence, or 60M if you beleive the MSM and turned it into a 10B business empire. Doesnt sound bad to me regardless of a few hickups on the way.
Trump doesn't want to show his tax returns because he has used debt and leverage to make that business like all RE moguls do. He might have high debt to equity ratio right now. Who knows but to call him a failure is a mistake. Guy could have sat back with his inheritance and just partied around NY for the next 30yrs. Lots of casinos have come and gone in vegas before. Nothing new.
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