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Trump Got Rich; the People Got Poor « The Thinking Housewife
The Thinking Housewife
 

Trump Got Rich; the People Got Poor

July 23, 2024

“PEOPLE who are financially illiterate do not understand how net worth valuations work. Net worth is a speculative analysis that weighs several factors, the least of which is actual hard and liquid assets. It is mainly a prediction of worth over time. Trump lost ZERO money from being President and in fact gained billions through proxy relationships with entities like Jared Kushner’s hedge fund and investments in big Pharma.

“Trump didn’t log in to check his bank balance and see billions fewer dollars one morning after becoming president. That’s not how ANY of this works. He divested the bulk of his assets to his children and to corporations in which he retains an interest through clever financial tomfoolery.

“Meanwhile, the citizens of this country were taken trillions deeper into debt with their dollar *ss raped in value because of his out-of-control spending during covid.

“Trump gained from being President but the People LOST BIG.”

— @TonyMicelliAyOh

[This is not an endorsement of the Democratic Party. Wake up, your country has been pillaged by both parties.]

 

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