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Sat May 13, 2017, 07:30 AM

He is not a "self-made businessman"

I know it, you know, everybody knows it--except may Jack Kingston, CNN's mealy-mouthed conservative spokesmodel. Donald Trump is not "self-made"; he inherited a multi-million dollar business from his father, who as far as I know *was* a self-made businessman.

The AP estimates that Trump's fortune grew about 300% between 1988 and 2015. During that same time period, the S&P 500 has grown 1,336%. If Donald Trump had simply invested his inheritance in an index fund, he would be much richer than he is today. I might argue, in fact, that not only is he not self-made, he's a pretty bad businessman. In a sense, he has lost money over the years.

http://fortune.com/2015/08/20/donald-trump-index-funds/..

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Reply He is not a "self-made businessman" (Original post)
cyclonefence May 2017 OP
sharedvalues May 2017 #1
sharedvalues May 2017 #2
socialist_n_TN May 2017 #3
CincyDem May 2017 #4

Response to cyclonefence (Original post)

Sat May 13, 2017, 07:51 AM

1. If you take out the Russian laundered money

What do you get? Would the president be in the red without dirty money from abroad? (My bet: yes.)

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Response to cyclonefence (Original post)

Sat May 13, 2017, 07:52 AM

2. Also: bad headline. "I am not a crook" format is used

See Lakoff.

Better headline "He's a bad businessman who inherited wealth".

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Response to cyclonefence (Original post)

Sat May 13, 2017, 08:48 AM

3. Actually Diddy Trump inherited a good bit of money from...........

Granddiddy Trump, who you could say actually WAS a self-made businessman. I believe it was in the "hospitality" industry in the west and Alaska. Restaurants that were suspected brothels.

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Response to cyclonefence (Original post)

Sat May 13, 2017, 09:22 AM

4. DJT was born on third base and thinks he hit a triple. n/t

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