Trump’s golf course Aberdeen, Scotland lost $1.7 million as Trump failed presidency has his businesses bleeding money.
Mother Jones reported, “The Aberdeen course lost £1.2 million ($1.7 million) in 2017, according to a corporate filing that the Trump Organization submitted last week to UK regulators. That number is a slight improvement from 2016 when the course lost £1.4 million. A closer reading of the Trump company’s filings show that any improvement last year largely came from cost-cutting measures—the course’s income has severely slumped since 2015.”
2015 also happens to be the year when Trump launched his political career.
As our own Sarah Jones reported, Trump has lost $1.4 billion in the last two years.
Trump has never had a personal or a job approval rating above 50%, so it isn’t surprising that the Trump political brand has wrecked the Trump business brand. If Trump had a popular political brand, it would be much easier for his corrupt family to cash in on the White House. As it stands, Trump is losing money hand over fist. It is impossible to calculate his losses because Trump has consistently lied and overinflated his net worth for decades.
Trump’s decades of bad business deals are combining with a disaster of a presidency to reveal that the big con that is the myth of Donald Trump is coming unglued.