The morning after the New York Times revealed Trump’s massive financial losses in the 1980s and 1990s, the takeaway from the hosts of Fox News's “Fox & Friends” was his “impressive” business career
Earhardt also argued voters won’t place much stake in the president’s tax finances because “people like what he’s doing with the economy.” The article is “interesting,” she said, but added it probably won’t “sway anyone at the polls.”
Republican lawmakers seemed generally unsurprised by the news when the Times story dropped Tuesday. It was public knowledge that Trump had a string of bankruptcies in the past, though the president attributed them to the recession that began in 1990. The president’s proponents on the Fox News went a step further, characterizing Trump’s losses as natural costs for someone with his wealth and “bold” business strategies — even though the TIme's analysis showed his losses eclipse other high-income earners of the era.
“For you or I, maybe buying a summer home is a big move, or maybe even a trailer,” Kilmeade said. “But for Donald Trump, he says: ‘I got some money, but I want to really expand my empire. I want to take chances.’” “That's what he's done through his entire life as a personality, as a host, as a businessman,” the “Fox & Friends” host continued. “And guess what? Not all of us win on everything we buy.”
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