Stora tråden om amerikansk inrikespolitik

In an Aug. 16 television interview on NBC’s “Meet the Press,” he described the school as “probably the hardest there is to get into.” He added, “Some of the great business minds in the world have gone to Wharton.”

But in a 1985 biography of Trump, Jerome Tuccille wrote that he was not an honor student and “spent a lot of time on outside business activities.” Another biographer, Gwenda Blair, wrote in 2001 that Trump was admitted to Wharton on a special favor from a “friendly” admissions officer. The officer had known Trump’s older brother, Freddy.

Lost contracts, bankruptcies, defaults, deceptions and indifference to investors—Trump’s business career is a long, long list of such troubles, according to regulatory, corporate and court records, as well as sworn testimony and government investigative reports. Call it the art of the bad deal, one created by the arrogance and recklessness of a businessman whose main talent is self-promotion.

He is also pretty good at self-deception, and plain old deception. Trump is willing to claim success even when it is not there, according to his own statements. “I’m just telling you, you wouldn’t say that you're failing,” he said in a 2007 deposition when asked to explain why he would give an upbeat assessment of his business even if it was in trouble. “If somebody said, ‘How you doing?’ you're going to say you're doing good.” Perhaps such dissembling is fine in polite cocktail party conversation, but in the business world it’s called lying