I am a millionaire though and i started out with nothing, trump started with a 200 million dollar inheritance.
He could have put that money in the bank and been a billionaire by now off of interest.

Interest is 5% a year. Please explain that math to me

He employs 30000 people as well. Dont you value that at all?

5% of 200,000,000 is 10 million, that times 48= 480 million.
When you consider that the base number that interest is applied to goes up every year its easily a billion dollars.

His employees are not relevant to the discussion.

he doesn’t. literally bases his position on giving all of ones money to rich corporations and doing nothing rather than employing tens of thousands and building businesses

he also says the rich and corporations are to blame for all the problems in the world yet he claims he made his millions working for a corporation

This post was edited by excellence on Oct 4 2019 08:44pm

I made my money through investing well, where i took my salary from is not relevant.
I retired last week, full time dad now.
I also do not say the rich and corporations are to blame for all the problems in the world, they are however to blame for many problems that are easy to fix that affect many lives detrimentally.

This post was edited by Plaguefear on Oct 4 2019 08:47pm

Well when I get my 1st $100,000 check from you, I'll assume you are "helping others" with your money. :/

This is inaccurate on a number of things.
Donald Trump's father's company was worth an estimated $200m in the 70s.
His father didn't die in the early 70s. He died in 1999
His father didn't give him everything. It was split up between numerous siblings and other family members. He had an unknown amount before then.
Merely putting the money in a bank doesn't accrue 5% APY.

There is also no reasonable way to expect him to instantly liquidate all of the assets and all of that net worth at full value and immediately invest them all in permanent 5% APY accounts.


Also, even if he managed to impossibly have the 200M at 5% APY for 48 years it comes out to around 2 Billion, which is lower than Trump's current and former net worth.

This post was edited by cambovenzi on Oct 4 2019 09:42pm

I mostly help people i know and respect, i do give to cancer charities though so i guess some will flow back to you eventually when this site gets some.

My point is that it's easy to campaign for socialism, than it is to practice it. Not that it even works, mind you.

The socialism i advocate works fine, in fact it is far superior to the garbage fire that is the usa.
I practice it just fine by the way, i pay the 7.5% medicare levy that gives free healthcare to everyone in my country.

This post was edited by Plaguefear on Oct 4 2019 09:59pm