Trump left his creditors high and dry – but he can’t do that to US
■ DONALD TRUMP has plans to reduce the tax rates of US corporations and wealthy individuals.
This policy was a major plank in his campaign for the presidency of the United States.
This would be fine, in fact wonderful news, except that Mr Trump has yet to explain how these cuts would be financed without leading the US into an even larger federal deficit, which he also pledged to reduce.
Without doubt, Mr Trump is certainly a few sandwiches short of a picnic, but his advisers should still try to explain to him that he cannot put his country into a Chapter 11 bankruptcy to escape its creditors in the same way that he used to do to countless of his companies, leaving his creditors high and dry.
Since Trump’s UN speech, it has become even more evident that no one can control him; not his secretaries of state nor his chief(s) of staff.
He is a time bomb waiting to explode.
Nothing he says, or tweets, has any semblance of reason. His raison d’être is himself. His closest advisers are – absurdly – his own daughter and her husband. No one outside can have any faith in him.
I am at a loss to understand how he has not yet been impeached, although, with Congressional elections upcoming, his exit might just happen sooner than he expects. George Dalzell Stillorgan, Co Dublin