Seth Meyers: Trump’s $1 Billion Loss Shows He’s Benefitted from ‘Rigged System’ His Entire Life


NBC Late Night host Seth Meyers mocked President Donald Trump in a Closer Look segment on Wednesday night, skewering the businessman’s massive financial failures after a New York Times exposé uncovered tax documents from 1985 to 1994 that showed Trump’s businesses sustained immense losses totaling $1.17 billion during that period.

Meyers noted that these tax returns come from an era when Trump was building his personal brand as a business superstar and authoring bestsellers based on that myth like The Art of the Deal. In reality, however, the Times found that during this decade, “Trump appears to have lost more money than nearly any other individual American taxpayer.”

The Times bombshell, Meyers joked, shows that “Trump was never a successful businessman, he just played one on TV. Expecting Donald Trump to exhibit business acumen is like expecting George Clooney to do an arterial bypass.”

But at the end of his segment, Meyers took a more serious tone, pointing out the inherent hypocrisy in Trump’s phony, rich-guy persona and how he leveraged it in his populist appeals to “drain the swamp” in Washington, D.C.

“This isn’t just a story about Trump. We already knew he was a con artist,” Meyers said. “It’s also a story about the thing Trump, cynically, claimed to fix, the thing that he actually benefitted from his entire life: the rigged system. Most regular people are one layoff or medical emergency away from a financial crisis. But this guy lost a billion dollars over 10 years and he ended up fine.”

Watch above, via NBC

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