June 7, 2024

The real Donald Trump

11 places in the United States that Trump hates

Trump’s final numbers as president

  • The economy lost 2.9 million jobs. The unemployment rate increased by 1.6 percentage points to 6.3%.
  • The U.S. trade deficit in goods and services in 2020 was the highest since 2008 and increased 40.5% from 2016.
  • The number of people lacking health insurance rose by 3 million.
  • The federal debt held by the public went up, from $14.4 trillion to $21.6 trillion.
  • Home prices rose 27.5%
  • Illegal immigration increased. Apprehensions at the Southwest border rose 14.7% last year compared with 2016.
  • Handgun production rose 12.5% [in 2020] compared with 2016, setting a new record.
  • The murder rate in [2020] rose to the highest level since 1997.
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False and misleading claims

Washington Post - When The Washington Post Fact Checker team first started cataloguing President Donald Trump’s false or misleading claims, we recorded 492 suspect claims in the first 100 days of his presidency. On Nov. 2 alone, the day before the 2020 vote, Trump made 503 false or misleading claims as he barnstormed across the country in a desperate effort to win reelection. This astonishing jump in falsehoods is the story of Trump’s tumultuous reign. By the end of his term, Trump had accumulated 30,573 untruths during his presidency — averaging about 21 erroneous claims a day.

Financial dealings

Robert Reich Tickets for Trump’s private fundraiser with the Beverly Hills elite started at $5,000. A photo with Trump cost $40,000. Roundtable seating was $100,000. Becoming an event chair cost $250,00

Contrary to his claims of financial health and business acumen, Trump's tax returns from 1985 to 1994 show net losses totaling $1.17 billion. The losses were higher than those of almost every other American taxpayer. The losses in 1990 and 1991, more than $250 million each year, were more than double those of the nearest taxpayers.

In 2020, The New York Times obtained Trump's tax information extending over two decades. Its reporters found that Trump reported losses of hundreds of millions of dollars and had, since 2010, deferred declaring $287 million in forgiven debt as taxable income. His income mainly came from his share in The Apprentice and businesses in which he was a minority partner, and his losses mainly from majority-owned businesses. Much income was in tax credits for his losses, which let him avoid annual income tax payments or lower them to $750. During the 2010s, Trump balanced his businesses' losses by selling and borrowing against assets, including a $100 million mortgage on Trump Tower (due in 2022) and the liquidation of over $200 million in stocks and bonds. He personally guaranteed $421 million in debt, most of which is due by 2024. 

Between 1991 and 2009, he filed for Chapter 11 bankruptcy protection for six of his businesses, the Plaza Hotel in Manhattan, the casinos in Atlantic City, New Jersey, and the Trump Hotels & Casino Resorts company.

In 1982, Trump made the initial Forbes list of wealthy people for holding a share of his family's estimated $200 million net worth … His losses in the 1980s dropped him from the list between 1990 and 1995. After filing the mandatory financial disclosure report with the FEC in July 2015, he announced a net worth of about $10 billion. Records released by the FEC showed at least $1.4 billion in assets and $265 million in liabilities. Forbes estimated his net worth dropped by $1.4 billion between 2015 and 2018

Legal matters

He and his businesses have been plaintiff or defendant in more than 4,000 state and federal legal actions, including six business bankruptcies. 

Foreign affairs

In January 2017, American intelligence agencies—the CIA, the FBI, and the NSA, represented by the Director of National Intelligence—jointly stated with "high confidence" that the Russian government interfered in the 2016 presidential election to favor the election of Trump.

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Crime

Sarah Resse Jones -  A new FBI report found that violent crime has decreased by 15.2% under Biden, but while president, Trump oversaw the largest spike in the murder rate in a century.

Jobs

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Businesses

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Via Bob Cesca

 

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