January 3, 2026
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4:38Now PlayingDonald Trump claims that filing for bankruptcy for his own personal businesses was a smart move (just like when he admitted not paying taxes,) but his penchant for causing bankruptcies is no longer limited to his own companies. Thanks to his trade war, bankruptcies for American businesses have now hit their highest levels in 15 years, putting us back at the levels we saw during the Great Recession. Businesses are closing their doors left and right, even as Republicans keep telling us that they care so deeply about small business owners. Those people are suffering, and Trump and his Republicans remain completely silent. Farron Cousins explains what's happening.
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