Tuesday, October 05, 2021

Maybe the guy who bankrupted casinos isn't the best financial example to follow

The bankruptcies, and their effects, from Mother Jones via the US House.

From NBC -

In latest fight, Republicans embrace Trump ethos: Don't pay debts

Republicans are taking a decidedly Trumpian approach to the possibility of a U.S. default: Only a sucker pays debts.

They want Democrats to be those suckers, and they will get their way. The Democrats are ready to shoulder the political hit to pay debts incurred by former President Donald Trump, who slashed revenue and spent profligately, and they are trying unsuccessfully to shame Republicans into walking away from a Senate floor showdown Wednesday.

Of course the Rs have embraced Trumpism - other folks will pay the price for their willingness to score political points based on their fiscal ineptitude.

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