Tuesday, April 23, 2024

#114 / A Business And Financial "Genius"?


You will remember, I am sure, that one of the reasons that the people of the United States of America elected Donald J. Trump as president, in 2016, is that Trump was popularly believed to be a business and financial "genius." He ran a television show ("The Apprentice") that was premised on exactly this hypothesis.

A headline in the April 17, 2024, edition of The Wall Street Journal, casts some doubt on the premise: 

That is the hardcopy version of the headline. Here's a link to the online version of the article, which you may or may not be able to see, if you are not a subscriber to The Journal. The online version of the article has the following headline: "Trump’s Truth Social Stake Shrinks by $3.4 Billion After Stock Tanks."

I read the article, and it made me question whether or not our former president's "business and financial genius" reputation is, or ever was, actually warranted. Frankly, the way I am reading the news, Trump is not actually a "genius" of any kind, but he does have to be credited with being an extremely talented "con man," which Merriam-Webster defines as follows: "a person who tricks other people in order to get their money."

That pretty much fits the facts about our former president. At least I think so. 

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