[Timothy L. O’Brien] In Trump’s world, he never loses
By BloombergPublished : Feb. 20, 2019 - 17:03
Hanging on a wall behind the omelet bar at President Donald Trump’s golf club in West Palm Beach, Florida -- where the commander in chief apparently stopped for a bite on Saturday after declaring a national emergency the day before -- is an old, framed poster. It’s from an ad campaign Walgreens once ran featuring the president back when he was the sorcerer of “The Apprentice.”
In white block letters on the poster, next to a photo of Trump cocking his index finger at the camera and shouting in full “You’re fired!” mode, is a question: “CAN YOU WALK THE WALK?”
It’s likely that versions of this query still run through the president’s mind -- and that he often finds himself coming up short, despite his public bravado and the loopy, ill-informed self-assurance he displays during pivotal moments such as his national emergency speech in the Rose Garden. That explains why he constantly spins his narratives toward success even in the face of obvious failures. To admit defeat is to admit he’s not walking the walk.
To that end, the White House released a document on Friday titled “President Donald Trump’s Border Security Victory” a day after Congress passed a spending bill that didn’t fund the border wall Trump demanded. The memo described the bill as a “legislative win” for Trump and outlined his intention to take executive action (and end-run Congress and the constitution) by raising funds for the wall unilaterally.
It was inevitable that Trump would refuse to be stymied by Congress, and that he would take a victory lap regardless of what happened in the real world. In that context, his border-wall machinations are only partially about appeasing conservative pundits or his political base; for the most part, they’re about appeasing his sense of himself. He’s been doing this sort of thing his entire life: Spinning victory yarns from incontrovertible losses was a hallmark of his troubled business career.
Back in the early 2000s, his casino company, Trump Hotels & Casino Resorts, was in familiar territory: mismanaged, saddled with debt it had trouble repaying, and ultimately forced into bankruptcy. The enterprise had to be restructured, and Trump saw his stake in the company reduced. “I don’t think it’s a failure; it’s a success,” he told the Associated Press after his casinos filed for bankruptcy protection in late 2004. “It’s really just a technical thing.”
None of that amounted to failure, he also assured me at the time, because he still had a (much smaller) ownership stake after the bankruptcy. “It’s a successful deal,” he told me. “You’ll never write that, but it’s a great deal.
“The only thing bad about it is I get some unsophisticated press that says, ‘Trump went into bankruptcy,’” he added. “Somehow the B-word (bankruptcy) never caught on very well in this country. But the smartest people in the country call me and say, ‘How the (expletive) did you pull that off?’”
Trump overpaid for the Eastern Air Lines Shuttle in 1989, using borrowed money and bringing no previous experience running an airline to the deal. He rechristened it the Trump Shuttle and then proceeded to make a number of operational errors, including installing gold-plated fixtures and other private-jet features that made little sense for a no-frills airline. Trump lied in one of his books, 1990’s “Trump: Surviving at the Top,” that the Shuttle under his management was profitable. “I’m glad I saved it. I’m proud of the way it’s been improved. It is now the best,” he also wrote. The Trump Shuttle went bankrupt in 1992.
Trump brought this same brio to his presidential run. “If I’m president, there won’t be stupid deals anymore,” he said during one of the Republican debates in early 2016. “We will win on everything we do.”
You only really succeed at things by working hard and focusing on details, however, and as the Wall Street Journal’s Michael Bender noted Friday in a meticulously reported account, Trump and his team neither prioritized building a border wall nor assigned someone to be the White House’s point person on the project for most of the president’s first two years in office. Bender’s reporting pulls the legs out from one section of the White House victory proclamation issued Friday, which noted that Trump “was elected partly on his promise to secure the Southern Border with a barrier and, since his first day in office, he has been following through on that promise.”
It was only after Trump recognized in January that he was being consumed by a government shutdown he set in motion -- and that he had been politically emasculated by a woman to his left (House Speaker Nancy Pelosi) and to his right (pundit and firebrand Ann Coulter) -- that he fully embraced a border wall as his last stand. Now that he’s declared in a Rose Garden speech that building such a thing actually might not be due to an emergency (“I didn’t need to do this, but I’d rather do it much faster,” he said) but that he’s wiser in the ways of the world (“I never did politics before, now I do politics,” he said), what can we expect next?
Trump is cornered and outmaneuvered, so we’re likely to get more of the same as he continues to test the constitution and the boundaries of presidential authority: constant spinning about winning, even when the losses are apparent.
Timothy L. O’Brien
Timothy L. O’Brien is the executive editor of Bloomberg Opinion. -- Ed.
(Bloomberg)
In white block letters on the poster, next to a photo of Trump cocking his index finger at the camera and shouting in full “You’re fired!” mode, is a question: “CAN YOU WALK THE WALK?”
It’s likely that versions of this query still run through the president’s mind -- and that he often finds himself coming up short, despite his public bravado and the loopy, ill-informed self-assurance he displays during pivotal moments such as his national emergency speech in the Rose Garden. That explains why he constantly spins his narratives toward success even in the face of obvious failures. To admit defeat is to admit he’s not walking the walk.
To that end, the White House released a document on Friday titled “President Donald Trump’s Border Security Victory” a day after Congress passed a spending bill that didn’t fund the border wall Trump demanded. The memo described the bill as a “legislative win” for Trump and outlined his intention to take executive action (and end-run Congress and the constitution) by raising funds for the wall unilaterally.
It was inevitable that Trump would refuse to be stymied by Congress, and that he would take a victory lap regardless of what happened in the real world. In that context, his border-wall machinations are only partially about appeasing conservative pundits or his political base; for the most part, they’re about appeasing his sense of himself. He’s been doing this sort of thing his entire life: Spinning victory yarns from incontrovertible losses was a hallmark of his troubled business career.
Back in the early 2000s, his casino company, Trump Hotels & Casino Resorts, was in familiar territory: mismanaged, saddled with debt it had trouble repaying, and ultimately forced into bankruptcy. The enterprise had to be restructured, and Trump saw his stake in the company reduced. “I don’t think it’s a failure; it’s a success,” he told the Associated Press after his casinos filed for bankruptcy protection in late 2004. “It’s really just a technical thing.”
None of that amounted to failure, he also assured me at the time, because he still had a (much smaller) ownership stake after the bankruptcy. “It’s a successful deal,” he told me. “You’ll never write that, but it’s a great deal.
“The only thing bad about it is I get some unsophisticated press that says, ‘Trump went into bankruptcy,’” he added. “Somehow the B-word (bankruptcy) never caught on very well in this country. But the smartest people in the country call me and say, ‘How the (expletive) did you pull that off?’”
Trump overpaid for the Eastern Air Lines Shuttle in 1989, using borrowed money and bringing no previous experience running an airline to the deal. He rechristened it the Trump Shuttle and then proceeded to make a number of operational errors, including installing gold-plated fixtures and other private-jet features that made little sense for a no-frills airline. Trump lied in one of his books, 1990’s “Trump: Surviving at the Top,” that the Shuttle under his management was profitable. “I’m glad I saved it. I’m proud of the way it’s been improved. It is now the best,” he also wrote. The Trump Shuttle went bankrupt in 1992.
Trump brought this same brio to his presidential run. “If I’m president, there won’t be stupid deals anymore,” he said during one of the Republican debates in early 2016. “We will win on everything we do.”
You only really succeed at things by working hard and focusing on details, however, and as the Wall Street Journal’s Michael Bender noted Friday in a meticulously reported account, Trump and his team neither prioritized building a border wall nor assigned someone to be the White House’s point person on the project for most of the president’s first two years in office. Bender’s reporting pulls the legs out from one section of the White House victory proclamation issued Friday, which noted that Trump “was elected partly on his promise to secure the Southern Border with a barrier and, since his first day in office, he has been following through on that promise.”
It was only after Trump recognized in January that he was being consumed by a government shutdown he set in motion -- and that he had been politically emasculated by a woman to his left (House Speaker Nancy Pelosi) and to his right (pundit and firebrand Ann Coulter) -- that he fully embraced a border wall as his last stand. Now that he’s declared in a Rose Garden speech that building such a thing actually might not be due to an emergency (“I didn’t need to do this, but I’d rather do it much faster,” he said) but that he’s wiser in the ways of the world (“I never did politics before, now I do politics,” he said), what can we expect next?
Trump is cornered and outmaneuvered, so we’re likely to get more of the same as he continues to test the constitution and the boundaries of presidential authority: constant spinning about winning, even when the losses are apparent.
Timothy L. O’Brien
Timothy L. O’Brien is the executive editor of Bloomberg Opinion. -- Ed.
(Bloomberg)