Trump — debt creator and bailout-backer

Published January 28, 2016 5:01am ET



The Tea Party movement began as a response to federal bailouts of Wall Street and auto makers in 2008 and 2009. These unprecedented government interventions in the economy padded the wallets of special interests by privatizing profits and socializing losses.


Where was Donald Trump on this? As it happens, he appeared on television more than once to discuss what was happening. And when he did, he came in favor of the bailouts that soured conservative voters, especially Tea Partiers, on both George W. Bush and Barack Obama.

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