Examining the Government Bailout for the Trump Organization

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Added on  2022/12/13

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This report examines the arguments against the government bailout for the Trump Organization, focusing on the economic and social impacts of the COVID-19 pandemic. It highlights the financial difficulties faced by the organization, including employee layoffs and revenue decline, due to the pandemic. The report argues that government funds should be allocated to essential services and small businesses rather than large organizations like the Trump Organization. It also considers the environmental factors, such as climate disasters, that have contributed to the company's challenges and the impact on its employees. The analysis references relevant sources to support its claims, providing a comprehensive overview of the issue.
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Arguing against government bailout for the Trump
Organization
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TABLE OF CONTENTS
Argument.....................................................................................................................................3
REFERENCES................................................................................................................................4
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Argument
Due to Covid-19, most of the Trump’s organization were shut down and as per the other
hotel’s Trump’s have been forced to lay off most workers and its revenue is falling quickly. As, I
am completely against with the government bailout to Trump Organization because it is
necessary to provide grant to needy companies, though political situation of the country is not
stable, but government must use fund for others (Trump organization, written out of US Bailout,
Taps Europe aid, 2020). Further, due to lockdown, the entire economy of a country is sinking
and thus, everyone need financial supports but government bailout should be used for hospitals
and other people instead of Trump organizations. There are many hotels locked during lockdown
and similarly, Golf resort and many more were shut down in order to follow the rules. However,
it is not right to have a government bailout to such 3 to 5 star hotels, rather than provide bailout
to small firm and hotels in order to get back those into track after pandemic (Antonio and
Bonanno, 2019).
Question: Does environmental factor affect the employees of Trump organization during
government bailout?
Answer: Due to this pandemic, employees of the company suffered the most, also the
environment of US is changes and there were 15 weather and climate disaster that become a
reason for employees lay off or losses their jobs (Walter, 2021). Similarly, in the case of
pandemic, there were many employees who losses their job and that is why, Trump wants
government bailout which in turn provide funds and support to them. Thus, I can say that
environment factor affect employees of many organizations
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REFERENCES
Books and Journals
Antonio, R. J. and Bonanno, A., 2019. From Fordism to Brexit and Trump. The Wiley Blackwell
Companion to Sociology, p.477.
Walter, S., 2021. The Backlash against Globalization. Annual Review of Political Science. 33.
Online
Trump organization, written out of US Bailout, Taps Europe aid. 2020. [Online]. Available
through: <https://www.bloomberg.com/news/articles/2020-04-22/trump-organization-
written-out-of-u-s-bailout-taps-europe-aid>.
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