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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsBefore Trump called for reevaluating lockdowns, they shuttered six of his top-earning clubs and reso
Last edited Mon Mar 23, 2020, 10:08 PM - Edit history (1)
President Trumps private business has shut down six of its top seven revenue-producing clubs and hotels because of restrictions meant to slow the spread of the novel coronavirus, potentially depriving Trumps company of millions of dollars in revenue.
Those closures come as Trump is considering easing restrictions on movement sooner than federal public health experts recommend, in the name of reducing the viruss economic damage.
In a tweet late Sunday, Trump said the measures could be lifted as soon as March 30. WE CANNOT LET THE CURE BE WORSE THAN THE PROBLEM ITSELF, he wrote on Twitter.
In his unprecedented dual role as president and owner of a sprawling business, Trump is facing dual crises caused by the coronavirus. As he is trying to manage the pandemic from the White House, limiting its casualties as well as the economic fallout, his company is also navigating a major threat to the hospitality industry.
In a tweet late Sunday, Trump said the measures could be lifted as soon as March 30. WE CANNOT LET THE CURE BE WORSE THAN THE PROBLEM ITSELF, he wrote on Twitter.
https://www.washingtonpost.com/politics/before-trump-called-for-reevaluating-lockdowns-they-shuttered-six-of-his-top-earning-clubs-and-resorts/2020/03/23/88780374-6d38-11ea-aa80-c2470c6b2034_story.html
Autumn
(45,042 posts)properties. He could join them there and have rally's with his high rollers.
uponit7771
(90,335 posts)Hestia
(3,818 posts)to have opened when he took over in 2017, along with any and all profits. After the monies that he owes the Treasury, e.g., over billing the SS, he can have the funds when he leaves, because he will sure need all funds for legal fees. Best thing about this is, Secret Service will no longer be billed at his "resorts" for golf carts, food and drinks. It's why he has been pitching a fit over opening up the country.
Too bad, so sad
mahatmakanejeeves
(57,378 posts)Weird that he's itching to get business back to normal, so weird.
Link to tweet
One odd thing about Trumps hotel/golf empire is that hes unusually dependent on a handful of properties. Doral alone produces $75M/yr more than his DC, Chicago, Vancouver, Waikiki, Aberdeen and Vegas hotels *combined.*
The county has now shut Doral down.
Link to tweet
oasis
(49,370 posts)smirkymonkey
(63,221 posts)With the amount of debt he must be carrying and the lack of revenue coming in, this will hopefully destroy him and his greedy family. There is nothing I would like to see more than poor, desperate Trumps.
RussBLib
(9,006 posts)Business holdings. But not Trumpy. No the GOP gave him a pass, and still gives him a pass.
People are dying due to this mans greed.