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Making America Worse: Jobs and Money at Trump Casinos, 1997-2010
Posted by: andrew carnegie ()
Date: October 08, 2016 04:09PM

Quote

This paper questions Donald Trump’s claim that his business success in creating jobs means that he can also create jobs as President. Using publicly available data, I find that, on average, Atlantic City casinos owned or controlled by Trump between 1997-2010 (the Taj Mahal, Marina, and Plaza) lost far more jobs and revenue than other Atlantic City casinos: 900 more jobs/casino and about $50 million more in revenue/casino. All Atlantic City casinos suffered losses in this period, when neighboring states licensed new gaming facilities, but Trump’s casinos lost about 37% more jobs and one-third more revenue than their rivals. The differences are statistically significant in a mixed model linear regression.

The Trump casinos used chapter 11 bankruptcy four times. That, itself, is a record, as no other large business has apparently done so more than three times. Despite repeatedly obtaining relief in bankruptcy, Trump’s casinos underperformed rivals in conditions analogous to those facing U.S. workers and companies: the loss of jobs and revenue due to “foreign” competition. Even as Trump casinos performed poorly and went through multiple bankruptcies, Trump continued to take significant amounts of money from those businesses for himself - including about $3.2 million per year from 2001-2005.

Trump claims he should be President based on his demonstrated ability to save jobs and make money. Using the best available evidence, this study finds that, when it came to doing so in the face of “foreign” threats, Trump’s Atlantic City casinos were not the “best,” and not even “average” - they were the worst.
Temple University Legal Studies Research Paper No. 2016-47

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Re: Making America Worse: Jobs and Money at Trump Casinos, 1997-2010
Posted by: rewot pmurt ()
Date: October 08, 2016 07:08PM

This is the businessman who is going to make America great again? He is a dumpster fire. He would be wealthier if he had put his money in an index fund. He stiffs small businesses. He has been sued several thousand times. What a putz.

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Re: Making America Worse: Jobs and Money at Trump Casinos, 1997-2010
Posted by: Invest with me ()
Date: October 08, 2016 07:16PM

If Trump is elected this is what the all the major index charts will look like


MW-DQ553_trumpc_20150721175842_ZH.jpg?uu

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Re: Making America Worse: Jobs and Money at Trump Casinos, 1997-2010
Posted by: so transparent ()
Date: October 09, 2016 09:57AM

And yet, Trump has done more for the United States than any Democrat in office searching for more clever ways to save the Muslim world and bleed us dry.

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Re: Making America Worse: Jobs and Money at Trump Casinos, 1997-2010
Posted by: you are transparent ()
Date: October 09, 2016 10:52AM

so transparent Wrote:
-------------------------------------------------------
> And yet, Trump has done more for the United States
> than any Democrat in office searching for more
> clever ways to save the Muslim world and bleed us
> dry.

Yes, he would do a better job of bleeding us dry than Obama or Clinton did. The deficit declined steadily under Obama. Clinton ran a surplus. How many times did Saint Ron do that?
http://www.msnbc.com/rachel-maddow-show/deficit-shrinks-1-trillion-obama-era
http://www.factcheck.org/2008/02/the-budget-and-deficit-under-clinton/

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Re: Making America Worse: Jobs and Money at Trump Casinos, 1997-2010
Posted by: Man up and vote Hillary ()
Date: October 09, 2016 10:55AM

so transparent Wrote:
-------------------------------------------------------
> And yet, Trump has done more for the United States
> than any Democrat in office searching for more
> clever ways to save the Muslim world and bleed us
> dry.


Dodging the draft was just great for America .....

How can you vote for a draft dodger?

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