Posted on May 3, 2023
Trump Failed To See Inflation Coming—And It’s Costing Him More Than $1 Million A Month
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“The Trump Organization is now on pace to pay an estimated $51 million of interest across all of its properties this year, roughly 30% more than it paid the year Trump left the White House. The most devastating part of all this? Trump could have avoided the trouble, if only he had properly assessed the risk of inflation“
Trump Failed To See Inflation Coming—And It’s Costing Him More Than $1 Million A Month
Posted from forbes.com
Donald Trump
Economy
Loans
Edited >1 y ago
Posted >1 y ago
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Economies of scale. $1 million a month? That would probably like 50 bucks a month for the average person. Maybe he made a mistake or his accountants didn't see it. I'm sure people will take this Forbes article seriously within his organization and fix the problem.
In the meantime, President Biden has given us a 0.9% growth rate over the last five quarters and at least a 6.5 inflation rate for the last 2 years so everybody has at least a 13% loss in buying power thanks to his bad policies.
Prices for food and energy continue to go up way higher than inflation and we can't blame president Trump for that.
SGT Axel Hasting
LTC Trent Klug SFC John Davis
In the meantime, President Biden has given us a 0.9% growth rate over the last five quarters and at least a 6.5 inflation rate for the last 2 years so everybody has at least a 13% loss in buying power thanks to his bad policies.
Prices for food and energy continue to go up way higher than inflation and we can't blame president Trump for that.
SGT Axel Hasting
LTC Trent Klug SFC John Davis
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LTC Trent Klug
Hmm...I wonder who else had this same problem? We all know it wasn't just the 'bad orange man'.
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LTC (Join to see)
Used Cars Interrupts the President
A great scene from Used Cars where President Carter's speech is interrupted by a commercial.
40 years later I have Deja Vu feeling feeling like I am a junior or senior in high school 1979 1980 seeing stikeflation and high prices. Almost as bad as President Carter.
https://youtu.be/UqlJvGvtOvY
This movie called used cars is a riot!
LTC Trent Klug SGT Axel Hasting SPC Gary C.
These hackers hack into President Carter's speech like something you've never seen before!
https://youtu.be/UqlJvGvtOvY
This movie called used cars is a riot!
LTC Trent Klug SGT Axel Hasting SPC Gary C.
These hackers hack into President Carter's speech like something you've never seen before!
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LTC (Join to see)
What's interesting is I used to think that President Carter was the worst president period I now give that to President broke back Biden!!
LTC Trent Klug SGT Axel Hasting SPC Gary C.
LTC Trent Klug SGT Axel Hasting SPC Gary C.
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LTC Eugene Chu he was busy looking after himself. He loads of money, lots and lots of money, just ask him. And he would have said not on his watch and be believed like so many things he got wrong
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