Trumponomics Oops: Trump's Cost Estimate for New Embassy Off by 10,000 Percent
Trump is nothing but a low level crook!!
Trumponomics
Oops: Trump’s Cost Estimate for New Embassy Off by 10,000 Percent
And you thought your contractor was bad.
https://www.vanityfair.com/news/2018/07/trumps-cost-estimate-for-israeli-embassy-off-by-10000-percent?mbid=social_twitter
Bess Levin
July 18, 2018 12:04 pm
One of Donald Trump’s favorite stories to tell on the campaign trail recalled the time he swooped in to rescue Wollman Rink, an ice-skating rink in Central Park that the city of New York had struggled to refurbish for years. Even once he’d been elected he couldn’t shut up about it, using the story as evidence that he was totally capable of rebuilding America’s infrastructure: “When I did the Wollman Rink, it was seven years, they couldn’t get it built,” he said at a White House event in February. “I got involved, and we did it in a few months, and we did it for a tiny fraction, a tiny fraction of the cost.” As with most of Trump’s favorite talking points, that’s not exactly the whole story—the project was mostly finished by the time he took over. But he’s continued to brag about his canny ability to do things on the cheap, most recently in the case of the U.S.’s new embassy in Jerusalem, which he famously claimed would cost only a couple hundred thousand dollars.
“We’re going to have it built very quickly and inexpensively,” he told reporters during a March meeting with Israeli Prime Minister Benjamin Netanyahu. “We’re actually doing it for about $250,000.” He repeated that claim during a 10-minute aside at a rally in Indiana in May, telling the crowd the U.S. would only spend in the range of “$200,000 to $300,000” on the move. As it turns out—much like the border wall he was going to build “very inexpensively” that will actually cost billions should it ever get done—not so much! According to Business Insider, documents made public this month show the State Department awarded a $21.2 million contract for “building additions and compound security upgrades” at the new embassy to Maryland-based venture Desbuild Limak D&K. For those keeping track at home, that’s a price increase of roughly $20 million. (A State Department spokesperson confirmed to CNN that Trump’s initial cost estimate for upgrading the complex was $400,000, and that the price tag for construction plans has since come in at around $21 million.)
In fact, on the whole, Trump’s promise to bring his singular business acumen to the White House has resulted in a rather, shall we say, lackluster showing—.............
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complete with anti-terrorist 'surveillance.'
Big, beautiful army surplus tents! They're cheap and they lend a feeling of impermanence. There, solved it for it you, you obtuse intestinal obstruction. 