" ... the Republican definition includes everyplace that has universal health coverage. But the magic of the marketplace can get you into plenty of trouble, too. For a good example of when the system doesn’t work, just look at Trump’s relationship with Deutsche Bank, which has given him about $2 billion in loans over the years. Two billion dollars to a guy whose major financial talent seems to be defaulting... he got famous for not paying back loans. But the Deutschebankers said yes. Maybe they had read “The Art of the Deal” without noticing that it was clearly written by somebody else. How had the bank come to be his top underwriter?" They "really, really liked doing business with famous people and was prepared to overlook pretty much everything else.Is that a great economic model or what? Eat your heart out, socialist countries. We’ve got Donald Trump."
At www.nytimes.com
