So many Trump supporters think he’s a good businessman, and that’s why they retain a great deal of faith in him, but Trump’s no businessman, never has been. He started out with not a silver spoon, but a whole set. He’s dismissed his trust fund, and the “little” loan of a million bucks from daddy. For reasons beyond my understanding, supporters don’t seem disturbed in the slightest about any of that, or the numerous failed “businesses”, the open frauds, or the lawsuits. This myth of the “good businessman” persists. Trump sucks at business, and he’s not worth what he claims, either, one of the reasons he doesn’t want those tax returns seen by anyone. I’m sure that’s not the only reason.
Bert Spector has an excellent article up at The Conversation, explaining how Trump does not have business chops, in detail. There’s a big difference between being the CEO of a company, answerable not only to a board, but to shareholders as well. Trump has never done that. He has an LLC, which basically allows him to run a family business, which is not answerable to anyone, so there’s no need to do things in the proper manner, at least not until you get caught. When it comes to Trump, he’s been caught, numerous times, and eventually leaks money out in a settlement, then goes right back to scamming again. The article is in-depth, so just a bit here.
Throughout the 2016 presidential campaign, Donald Trump made much of his business experience, claiming he’s been “creating jobs and rebuilding neighborhoods my entire adult life.”
The fact that he was from the business world rather than a career politician was something that appealed to many of his supporters.
It’s easy to understand the appeal of a president as CEO. The U.S. president is indisputably the chief executive of a massive, complex, global structure known as the federal government. And if the performance of our national economy is vital to the well-being of us all, why not believe that Trump’s experience running a large company equips him to effectively manage a nation?
Instead of a “fine-tuned machine,” however, the opening weeks of the Trump administration have revealed a White House that’s chaotic, disorganized and anything but efficient. Examples include rushed and poorly constructed executive orders, a dysfunctional national security team and unclear and even contradictory messages emanating from multiple administrative spokespeople, which frequently clash with the tweets of the president himself.
Senator John McCain succinctly summed up the growing sentiment even some Republicans are feeling: “Nobody knows who’s in charge.”
So why the seeming contradiction between his businessman credentials and chaotic governing style?
Well for one thing, Trump wasn’t a genuine CEO. That is, he didn’t run a major public corporation with shareholders and a board of directors that could hold him to account. Instead, he was the head of a family-owned, private web of enterprises. Regardless of the title he gave himself, the position arguably ill-equipped him for the demands of the presidency.
If, like me, your understanding of just how businesses work isn’t all that, go have a read, and learn why the whole “I’m a businessman!” rhetoric from Trump is nothing more than another lie.