I think you hit the nail on the head.

The president is a con man who larps as the richest person on the planet and his biggest accomplishment last term was a giant tax cut for the rich. The "actual" president is the richest man on earth and has a vested interest in destroying anything that can tax him or hold him / his businessess accountable in any way.

Awfully convenient that the richest people in the world think that the proper way to balance the budget isn't by raising taxes, but by burning the whole government to the ground. They have the resources to live in a walled garden for the rest of their lives and they don't care who else gets hurt.