I would hire someone economically successful to be a economic secretary if I were POTUS. I don't see the problem.
If you were POTUS, you'd have declared bankruptcy five times.
*sigh*
The point is that Republicans are excusing in Trump behavior they would condemn in a worker. Bankruptcy, I've been taught, is a sign of a moral failing in the working class. It takes on spiritual overtones when conservatives speak of it - in the context of laborers.
In my view, you excuse it because Trump didn't acquire his wealth in an individualistic fashion. He didn't work for it, as I and others of my class have. He's old money pretending to be new money.
Who on earth taught you the bolded part? It is one of the most out to lunch things that I have read in some time. What is a moral failing is credit card companies preying on such folks to run up credit card debt at a 25% interest rate. In fact, in my book, that is just plain evil.