The main entrance to the Trump National Doral Golf Club in Miami. By Paul Waldman Paul Waldman Opinion writer covering politics Email Bio Follow Opinion writer May 15 at 2:17 PM No president in American history has worked as hard to monetize the presidency for his own personal benefit as Donald Trump. But while he’s been doing that, his businesses have been suffering.
At Doral, which Trump has listed in federal disclosures as his biggest moneymaker hotel, room rates, banquets, golf and overall revenue were all down since 2015. In two years, the resort’s net operating income — a key figure, representing the amount left over after expenses are paid — had fallen by 69 percent.
No kidding. And that’s hardly the only recent story suggesting that Trump’s image as a master businessman might not have been completely accurate:I should note that the Trump Organization disputes this latest report, not by contesting the facts but with characteristically ridiculous hyperbole. “Our iconic properties are the best in the world and our portfolio is unrivaled by anyone,” said Eric Trump.
This all might be fun for liberals to crow about, as is the possibility that even after he leaves office his brand will continue to suffer. But how much does it matter?
Well, at least no more FAILURES and LOSERS from business.
Your newspaper is faltering. That’s good news.
Just another tax deduction
His businesses have always faltered.
Still richer than the author
You're sadistic, to be happy that someone else has troubles
BillionDollarLoser
JeffHaspel How can we be sure? He plays this game to cheat US out of tax money. He deserves to lose everything.
Opinion: Celebrating the failure of someone else is a huge weakness. MediaIsTheEnemy
Everything realDonaldTrump touches turns to 💩. Now he’s ruining our Republic. If he had just put his inheritance into an index fund and kept his fat pie hole shut, he would be richer and the world would be a better place.
Hoping you will too!
realDonaldTrump Again your businesses are failing just like your presidency. It won't be long now before we are rid of you.
Fact: Most of Trump’s businesses fail; Trump Steaks, Trump Ties, Trump University, Trump Casinos, Trump Airline. Opinion: He doesn’t care. He is grifting the US taxpayers & making $$ at Mar-a-lago, & grifting campaign donors by spending their $ at his properties.
Great! Let's see some more Karma.
ForQ2 AND AMERICAN PEOPLE WILL PAY FOR THIS CROOK FAILING BUSINESS !! He will pass his loses to the tax payers !! WE ARE PAYING FOR THIS CRIMINAL LIFESTYLES!!
Business isn't all sunshines and rainbows. Besides it is pathetic to see a journalist enjoy such a thing, when risk takers are essential. Without risk takers creating companies we wouldn't have had many products (like this very platform) and, as a consequence, many jobs.
ForQ2 HOW IN EARTH WANT TO BE AFFILIATED WITH A CRIMINAL !! A CROOK , A LIAR ,A SEXUAL PREDATOR , A TRAITOR , A FRAUD !! SHIT MIDAS IS TOXIC !! IT WILL BE A GOOD FOR YOU IF U HAVE NO SHAME AND YOU BUSINESS IS FOUDED BY DUTY, BLOOD MONEY OF CRIMINAL MONEY !! TRUMP IS MAFIA MONEY CNN
Well you can’t expect to keep doing people wrong and getting bye. But crooks always find a way to get money from the lost.
Trump chose to help his country. That's the GREAT news.😊
In your dreams. Report the truth for a change.
At this point you people would be perfectly fine if the economy would go to shit and everyone's 401K vanished if it ment Trump didn't get reelected. And you think Trump is dangerous. You people are 10 times worse.
No one cares... Stay on the economy, healthcare, income inequality, immigration reform and foreign policy. These anti-Trump termites are getting stale.
Instead of Trump, you should have elected a businessman.
You guys are such babies.
He’s rich enough and will never need money again 😂
The faltering of his business will likely be another reason for the failure of some of the nuisance style lawsuits based on emoluments provisions or even as issue as to the tax return issue being moot. Today's financial disclosure documents should be all that's necessary
I'm fairly certain it was TheAtlantic that ran a piece some time ago that realDonaldTrump would have been richer if he had just left Daddy's money in the bank.
The NYTimes is failing and so's the WP. That's GREAT NEWS? How quaint.
America won't be far behind, since tariffs, election interference, waging wars in & out of America & FAKE TAX CUT digs in deeper into pockets of Americans who will pay the price for this FAILING presidency, enabled by a stymied GOP who made their bed, now forced to lie in it!
Opinion: WaPo is failing. That’s good news
Per usual, nothing new here
Fact: Trump’s businesses have been faltering since the beginning. How's that’s good news?
You’re just horrible people who always say he is too. You don’t see the irony.
Not exactly unusual news, though. His businesses have been failing for decades.
Why would anyone applaud failure?
No it’s not, it will make him more desperate & he will take more money from the government & bankrupt this country like he did his businesses; remember his administration issues the numbers about how well we are doing
Maybe he’ll need some $ from Russia
😸👍
JOURNALISM
America: sticking it to the rich!
Maybe the Govt will bail him out..
Great!!!
i know this is opinion, but damn WP
Yeah I guess all the happy horsesh-t about the presidency helping his businesses is probably just dem anti trump blather after all 🙄
CORRECTION: Trump is NOT a 'businessman', he is a conman, nothing more or less.
Sounds awfully vindictive.
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