berg80
Diamond Member
- Oct 28, 2017
- 17,204
- 14,367
- 2,320
How Trump's Apprentice earnings helped rescue his failing empire
When Donald Trump signed a deal to star in The Apprentice in 2004, the New York Times’ latest bombshell report on his tax returns shows, he was among the worst businessmen in the United States.
![Workers adjust signage as preparations take place for the first Presidential debate in the Sheila and Eric Samson Pavilion, Monday, Sept. 28, 2020, in Cleveland. The first debate between President Donald Trump and Democratic presidential candidate, former Vice President Joe Biden is scheduled to take place Tuesday, Sept. 29. (AP Photo/Patrick Semansky) Workers adjust signage as preparations take place for the first Presidential debate in the Sheila and Eric Samson Pavilion, Monday, Sept. 28, 2020, in Cleveland. The first debate between President Donald Trump and Democratic presidential candidate, former Vice President Joe Biden is scheduled to take place Tuesday, Sept. 29. (AP Photo/Patrick Semansky)](https://i.guim.co.uk/img/media/3dbeee3c7031c624409749c4c9988a54d3bb8518/0_107_3604_2163/master/3604.jpg?width=460&quality=85&auto=format&fit=max&s=8102b3590e88490d95b5a207c3da832b)
Debate offers Trump chance to yank stubbornly stable 2020 race his way
Read more
Tax documents obtained by the paper show how Trump squandered a $413m inheritance in a series of losing plays in real estate and casinos. On his tax return in 2004, he declared $89.9m in net losses from core businesses the previous year.
The story of how The Apprentice made Trump a household name, burnishing his personal myth as a successful businessman and ultimately paving his way to the White House, is well documented. But on Tuesday, the Times exposed just how false that myth was, and how far into the red Trump had sunk when he was approached by Mark Burnett, a British-born reality TV producer known for the genre’s first mega-hit, Survivor.
The New York Times report also exploded the image of Trump as a businessman with a reality TV career on the side. Taken together, the documents “demonstrate that he was far more successful playing a business mogul than being one in real life”, the Times said.
![www.theguardian.com](https://i.guim.co.uk/img/media/5aa31d104f3a444b4b081044be49d81e6054ffb7/0_24_2000_1201/master/2000.jpg?width=1200&height=630&quality=85&auto=format&fit=crop&overlay-align=bottom%2Cleft&overlay-width=100p&overlay-base64=L2ltZy9zdGF0aWMvb3ZlcmxheXMvdGctYWdlLTIwMjAucG5n&enable=upscale&s=6f2cd3b0cac5927d18b8dc0f2716fd58)
How Trump's Apprentice earnings helped rescue his failing empire
Documents show president earned $427m from NBC reality show – which he used to cover his vast real estate and casino losses
I still see his supporters make references to his business acumen as a qualification for the presidency. But like most things involving the Orange Fraud, that belief is a fiction. Just as the character he played on the Apprentice bore no relationship to his career as a failed real estate developer.
He is the man behind the curtain. Adept at creating illusions with smoke, mirrors, and bombast while in reality being a clownish buffoon.