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Trump's Struggle to Avoid Poverty was Difficult for Him

Posted: Wed Oct 28, 2015 5:34 pm
by Joe Guy

Re: Trump's Struggle to Avoid Poverty was Difficult for Him

Posted: Wed Oct 28, 2015 5:44 pm
by Lord Jim
Yeah, whatever else you want to say about him, he's a real "up by the bootstraps" kinda guy...

A truly inspiring personal story...

Re: Trump's Struggle to Avoid Poverty was Difficult for Him

Posted: Wed Oct 28, 2015 6:13 pm
by Lord Jim
But before you cry too many tears for him:
assuming Trump received his million dollar loan sometime around his graduation in 1968, the loan would be worth about $6.8 million in today's dollars, according to the U.S. Department of Labor's Labor Statistics CPI Inflation Calculator.
http://www.huffingtonpost.ca/2015/10/27 ... 97274.html

And of course he also had access to all of his father's business contacts, and:
he was born into a successful, wealthy family, inheriting part of his father's more than $200 million net worth.
http://www.cnn.com/2015/10/26/politics/ ... town-hall/