No fewer than 717 companies filed for Chapter 7 or Chapter 11 bankruptcy between January and November, according to S&P data reviewed by The Washington Post. This marks a 14 percent increase from the same period in 2024 and the highest rate since 2010, when the country was recovering from the Great Recession.
Firms that went bust pointed to inflation, interest rates and Trump’s trade policies — which have hampered supply chains and increased costs — as drivers of their financial troubles.
Business experts and economists told the Post that the Republican president’s broad tariffs have strained import-dependent companies. While inflation recently came in lower than expected — it was up 2.7% year-over-year in November — experts said many firms continue to shoulder added expenses to avoid raising prices for consumers.
Not even COVID killed off this many businesses. Well done Trump! He fucks children and businesses!
He’s been doing that since the 80’s. Only Trump could find a way to bankrupt casinos 6 times in a row.
I think reality television has done a lot to completely fuck up this country - in ways most people still don’t acknowledge.
The reason that so many people still think this stupid asshole was Bigly Important and Gud At Bidness ™ is almost solely due to that idiotic game show he was handed. Try telling these brainstems that he was terrible at business and you get blank stares or red faces of rage.