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Trump Went On Unhinged Rant Attacking Businessmen In Social Media Post That Blew Up In His Face

He’s no friend of capitalism

585
585 points

On Sunday, President Donald Trump took aim at business leaders who criticize his tariffs, calling them “bad at business.” But his comments quickly sparked a wave of responses, with many pointing out the irony of his words. After all, Trump’s business history is marked by a mix of ups and downs, including multiple bankruptcies.

Trump, who prides himself on being a “great businessman,” posted on his Truth Social platform:
“THE BUSINESSMEN WHO CRITICIZE TARIFFS ARE BAD AT BUSINESS, BUT REALLY BAD AT POLITICS. THEY DON’T UNDERSTAND OR REALIZE THAT I AM THE GREATEST FRIEND THAT AMERICAN CAPITALISM HAS EVER HAD!”

At first, Trump’s statement might sound bold and full of confidence. However, if you examine his business history, things become a bit confusing.

Trump’s business career has been a roller coaster ride. While he built some of New York’s most famous buildings, such as Trump Tower, he has also faced significant financial challenges. He has filed for bankruptcy six times. Yes, six times. And it’s not like these were small companies—Trump’s casinos and hotels were major businesses.

One of the most famous bankruptcies was the collapse of his Trump Taj Mahal casino. It’s hard to imagine a businessman who goes bankrupt multiple times advising others about business success.

But Trump’s words on Sunday didn’t mention his past failures. Instead, he targeted those who disagreed with his policies.

Trump’s comments did not go unnoticed. Many business leaders and critics took to social media to point out the irony of his statement.

Another user, Frank J. Fleming, joked:
“I guess pretty much all businessmen are bad at business.”

Critics also pointed out that many of the people Trump was calling “bad at business” included well-known CEOs like Elon Musk, Jamie Dimon, and Bill Ackman. These leaders have built huge, successful companies, and many felt Trump’s comments were insulting to their hard work.

Trump also called himself the “greatest friend” of capitalism. But for many, this statement felt more like wishful thinking than reality. A true friend of capitalism would likely be someone who promotes stable and fair policies that help businesses grow, rather than harming them with tariffs.

It is essential to remember that capitalism is intended to foster competition, innovation, and growth. When the government interferes too much—whether through tariffs or other regulations—it can hurt the very system it’s trying to protect. Many business leaders argue that the best way to help businesses is to create an environment where they can compete and thrive, not by punishing them with taxes on imports.

Featured image via Political Tribune Gallery

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Terry Lawson

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I'm Terry Lawson, a writer and editor from Alabama. For the past five years, I've worked as a ghostwriter for different companies, creating content that fits their needs. Right now, I work as an editor and political writer for Political Tribune, writing engaging articles. I enjoy writing and have strong skills in writing, editing, critical thinking, and project management. My work is driven by a love for storytelling and a focus on quality. You can find me on Twitter (X) at https://x.com/terrylwsn?t=9c8qdqDw3JqNxJybEBVn_w&s=09.

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