“Trump is the only one who has always balanced his budgets “
Taj Mahal: “...By 1991, the casino was nearly $3 billion in debt, while Trump had racked up nearly $900 million in personal liabilities ...”
“Trump acquired the Plaza Hotel in New York for $390 million in 1988. By 1992, the hotel had accumulated $550 million in debt.”
“Trump Hotels and Casinos Resorts filed for bankruptcy again in 2004 when his casinos — including the Trump Taj Mahal, Trump Marina and Trump Plaza casinos in Atlantic City and a riverboat casino in Indiana — had accrued an estimated $1.8 billion in debt, according to the Associated Press. “
“Trump Entertainment Resorts — formerly Trump Hotels and Casinos Resorts — was hit hard by the 2008 economic recession and missed a $53.1 million bond interest payment in December 2008, according to ABC News. “
Yes! But the difference from government is that these imbalances have to be rebalanced through bankruptcy reorganization. Eventually all has to be balanced in the budget.