Donald Trump does a lot of talking about other companies, like Ford, who, according to Trump, cost thousands of Americans their jobs by opening a small car plant in Mexico, and ceasing the production of small cars in the United States. One might think that Trump actually cared about working class people, if they took everything he said as fact.
The Republican presidential nominee, however, doesn’t really care about what the middle class struggles with at all. If he did, he would stop filing bankruptcy every time he racks up a hefty bill he didn’t want to pay. Once again, due to complete and utter failure, one of Trump’s many real estate investments has gone under.
Trump’s pride and joy, the Trump Taj Mahal, closed its doors for good on September 9th, leaving about 3,000 Americans out of a job. Tony Rodio is the CEO of Tropicana Entertainment, the parent company of Trump Taj Mahal. Rodio said this about “successful businessman’s” failing business:
“Currently the Taj is losing multi-millions a month, and now with this strike, we see no path to profitability. Our directors cannot just allow the Taj to continue burning through tens of millions of dollars when the union has single-handedly blocked any path to profitability. Unfortunately we’ve reached the point where we will have to close the Taj.”
Before filing for bankruptcy, Trump made sure to suck the company dry of over a million dollars, costing him his 10 percent share in the building. Trump blames the fiscal market for the failure of the building, but while Atlantic City is not what it used to be, the market cannot be blamed for this giant flop.
This February, Trump’s long-time friend and associate, Carl Icahn, took over the hotel. It’s been reported that, since that time, the franchise has lost over $100 million dollars. Employees angrily picketed outside the building from the time the closure was announced, to the time the doors finally closed.
Trump has repeatedly said the he “will be the greatest jobs president that God has ever created,” but close consideration of his supposed plan to create jobs revealed it to be a very bad idea, indeed. It has been reported that America would see 3.5 million jobs lost if he become president.
The proof is in the pudding, folks. Trump has a long history of failing in matters of money and business, and has been sued over 3,000 times. He has gone personally bankrupt four times, and companies he had his hand in have gone under countless times.
Video courtesy of Press of Atlantic City: