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Although he was a supporter of Senator John McCain during the election, author and reality television star Donald Trump says President Barack Obama has done well so far. "We hope Obama is going to be better," he said. "I think he is going to be better. He's off to a good start, and we have to see what happens with the stimulus."He also had harsh words for Obama's predecessor: "I'm not a fan of George Bush," he said. "I think he has been the worst president maybe we've ever had. He's a total disaster. Frankly, when the economy cratered, that was the end, because the only thing he could say about his administration was that the economy was good. Well, it turned out that it was falsely good, not really good."
Trump has been going through his own financial troubles too. He's been sued by Deutsche Bank over a Chicago construction project gone awry and shares of his Atlantic City casino company Trump Entertainment Resorts (NASDAQ: TRMP) closed at 24 cents on Monday.
Trump said that the real estate market and economy will continue to decline and that it could be a decade before the economy bottoms out.
But we can take comfort in one thing: Donald Trump is very rarely right.
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Reader Comments (Page 1 of 1)
2-03-2009 @ 7:32PM
well all need help said...
you know if this country would just make a 4% on all home loans we would be fine everything would take off agian, and need to tax so much to the business that send our work to other countrys, that just dont give a s--t