hit the skids

They have argued, among other things, that prosecutors bowed to political pressure to indict him after a plea agreement hit the skids in court and was publicly pilloried by Republicans, including Trump, as a “sweetheart deal.”

But in the course of Neumann’s management, WeWork hit the skids, Neumann found himself pushed out, and the company’s value had slumped to a paltry $9 billion by the time it went public.

Prosecutors had been ready to strike a plea deal in the case, but Lowell argued they bowed to “political pressure” after the agreement hit the skids in court and was publicly pilloried by Republicans, including former President Donald Trump, as a “sweetheart deal.”

But several of those projects have recently hit the skids after executives miscalculated the impact that the pandemic and rising interest rates would have on supply chains.

“It wasn’t an empty gesture. The governor is doing the debate and Ron DeSantis only agreed to it a year later because his campaign hit the skids.”