If only Trump would run the country like he does his businesses…
The headline sounds weird right? Donald Trump ran his companies into the ground with multiple bankruptcies and illegal operations, fighting law suits the whole way through.
But now, the US president-elect’s family-run business interests are flourishing in what appears to be an attempt to curry favour.
A recent Semafor report on proposed Trump Towers in the Gulf showed that Mr Trump’s business interests are doing very well indeed. Eric Trump, executive vice president of The Trump Organization, has announced plans for two new Trump Towers in Saudi Arabia while on a tour of the Middle East. The first one, to be built by 2028, will be a $532-million, 47-storey luxury tower in Jeddah. The second one will be in Riyadh. Eric also hinted at new ventures: “We’ll probably be in Abu Dhabi in the next year or so.”
So the Trump business is going great guns. Not so much Mr Trump’s (senior) stewardship of the United States. It’s not looking promising with the incoming president-elect threatening Congressmen and women for voting on a bill to keep the government funded as well demanding they raise the debt ceiling while Joe Biden is still in the White House.
The president-elect hasn’t even assumed office yet but together with Elon Musk, Mr Trump may have already killed the stopgap spending bill, making it likely there will be a partial shutdown the last weekend before Christmas.
This suggests the dawning of a new era of disruptive policymaking in Washington with Donald Trump at its head. His businesses are doing rather better than the country he’s throwing into administrative confusion.
