Hey, Conservatives, Trump Empire Was Built On Government Subsidies

Posted by | September 19, 2015 09:57 | Filed under: Politics

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Donald Trump’s appeal to conservatives wouldn’t be as potent were he not rich, and he would not be rich had it not been for government largess, as the New York Times profiles.

It’s hard to make a living constructing large buildings in New York if you can’t stomach public involvement in private enterprise. The government was often a valued partner in the deals of “The Art of the Deal” — providing zoning variances, offering generous tax abatements and in one case buying a piece of land in which Mr. Trump had an interest in order to build a convention center. And in the book, Mr. Trump repeatedly showed off his superior skill in government relations — as when he obtained an Atlantic City casino license that even Hilton Hotels couldn’t get.

“There is no real estate without government,” says Julia Vitullo-Martin, a senior fellow at the Regional Plan Association, an urban planning research organization in New York. “Donald Trump and his dad built their fortunes on government.”

Fred Trump, Donald’s father, made his money building modest apartments for lower- and middle-income people in Brooklyn and Queens with subsidized loans from the Federal Housing Administration. But, as the younger Mr. Trump wrote in “The Art of the Deal,” nobody was doing that by the 1980s because “it’s not profitable and government subsidies have been eliminated.” So the younger Mr. Trump shifted toward higher-profile projects in Manhattan, which also depended on government assistance in the form of tax abatements.

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Copyright 2015 Liberaland
By: Alan

Alan Colmes is the publisher of Liberaland.

17 responses to Hey, Conservatives, Trump Empire Was Built On Government Subsidies

  1. Larry Schmitt September 19th, 2015 at 10:11

    Now we know what President Obama meant by “You didn’t build that.”

    • eyelashviper September 19th, 2015 at 10:19

      Bingo, yet the welfare queens like Trump are the biggest proponents of bootstraps for everyone else.

    • erineclifton September 19th, 2015 at 10:57

      my associate’s stride close relative makes $98 an hour on the portable workstation……….Afterg an average of 19952 Dollars monthly,I’m finally getting 97 Dollars an hour,just working 4-5 hours daily online.….. Weekly paycheck… Bonus opportunities…earn upto $16k to $19k /a month… Just few hours of your free time, any kind of computer, elementary understanding of web and stable connection is what is required…….HERE I STARTED…look over here
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    • alpacadaddy September 19th, 2015 at 14:36

      Yup… ya know the Repukes & Tealinquents seized upon that statement in righteous indignation of capitalism, but of course O was exactly correct. Not to diminish personal business accomplishment, but only a fool or an idiot would argue that our country’s various infrastructures are not a critical component of a successful business.

  2. Hirightnow September 19th, 2015 at 10:47

    His loyal followers will just say “Well, The Donald was just taking advantage of a government program. What we REALLY need to concentrate on is moochers on Food Stamps!”

  3. Tommie September 19th, 2015 at 11:10

    Republicans are always yelling they don’t like something but are using the very thing they are against!

  4. Hirightnow September 19th, 2015 at 11:15

    And again, how was my comment deleted for being spam?

    • Larry Schmitt September 19th, 2015 at 12:10

      It’s back.

    • rg9rts September 20th, 2015 at 09:15

      You???? Never

      • Hirightnow September 20th, 2015 at 10:59

        Kanye, I was doubtful, too until my cousin’s sister’s boyfriend’s live-in feng shue expert cashed her first check for $376, 450.86! ╪╪╪╪╪╪╥╥You can find out how at http://www.totallymadeupwebsite.net

  5. Kristy jason September 19th, 2015 at 12:55

    $110/HOURLY SPECIAL REPORT!!!!……….After earning an average of 35214 Dollars monthly,I’m finally getting 98 Dollars an hour,just working 5-7 hours daily online….It’s time to take some action and you can join it too.It is simple,dedicated and easy way to get rich.Three weeks from now you will wishyou have started today – I promise!….HERE I STARTED-TAKE A LOOK IN MY PROF!LE

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  6. rg9rts September 20th, 2015 at 09:13

    The conservatives would be the first to say that, that was a smart move…..why turn down free aid???

  7. William Turner September 20th, 2015 at 18:31

    Guys, please proofread. You look illiterate when you don’t: http://dictionary.reference.com/browse/largesse

    • whatthe46 September 20th, 2015 at 18:53

      the article is accurate. when people like you complain about the dumb shit, it means you can’t argue about its substance.

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