Jimmy Kimmel slyly notes Trump's father didn't lose money in the '80s. Samantha Bee gets proof from Ivanka.

Jimmy Kimmel and Sam Bee mock Trump's financial acumen
(Image credit: Screenshots/YouTube/Jimmy Kimmel Live, Full Frontal)

The New York Times reported Tuesday that Donald Trump lost nearly $1.2 billion from 1985 to 1994, his prime deal-making years. "So not only isn't he a great businessman, as he claims, he isn't even a bad businessman," Jimmy Kimmel said on Wednesday's Kimmel Live. "He is the worst businessman in America for years — the worst!"

"The president, of course, lashed back at this report," Kimmel said, reading Trump's tweeted defense. "That's right, he says it was smart to lose money back then and that it's 'fake news.' ... But here's the thing: Trump's father, Fred Trump, was also a real estate developer, and he made lots of money those years. So which one's the idiot and which one is smart?" Kimmel had his pick.

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Peter Weber, The Week US

Peter has worked as a news and culture writer and editor at The Week since the site's launch in 2008. He covers politics, world affairs, religion and cultural currents. His journalism career began as a copy editor at a financial newswire and has included editorial positions at The New York Times Magazine, Facts on File, and Oregon State University.