Trump: My Life Hasn’t Been ‘Easy,’ My Dad Gave Me ‘Small’ $1M Loan

Start your day with TPM.
Sign up for the Morning Memo newsletter

While trying to explain how he defied his father’s expectations, Donald Trump on Monday morning said that his life has not been “easy,” adding that his father gave him a “small” million dollar loan when Trump decided to start building in Manhattan.

During a town hall with NBC’s “Today,” an attendee asked Trump if he’s ever been told “no.”

“My whole life really has been a ‘no.’ And I fought through it,” he responded.

“It has not been easy for me,” he continued. “I started off in Brooklyn. My father gave me a small loan of a million dollars. I came into Manhattan, and I had to pay him back. And I had to pay him back with interest. But I came into Manhattan. I started buying up properties, and I did great.”

Trump said that his father doubted him and felt his foray into Manhattan wouldn’t work out.

“All my life I was told ‘no,'” Trump said.

Town hall moderator Matt Lauer jumped in and said, “Let’s just put this in perspective. You said it hasn’t been easy for you, but ‘My dad gave me a million dollar loan.’ That probably is going to seem pretty easy to a lot of people.”

“You’re right,” Trump replied. “But a million dollars isn’t very much compared to what I’ve built.”

Watch Trump’s comments below:

Latest Livewire

Notable Replies

  1. You know, a million dollars in 1971 would be worth almost six million today, adjusted for inflation.

  2. facepalm

    A man “of the people (the 1 %)”

  3. A true man of the people, that guy! Right up with Mitt Romney’s advice to young people to ask their parents for that loan to start their own business. Oh, and work hard. That’s how we did it.

  4. Only a million dollars from his father. Man, that’s a rough start in life.

    Typical Republican – born on third base, Dad hits a sacrifice fly, Trump jogs to home plate, think’s he’s hit a home run.

  5. My own life isn’t so easy right now—my coffee got cold, and my throat’s been scratchy for the past couple of days. But I laughed out loud at this one, I really did. Thank you Donald, from me personally, and from every Democrat-leaning voter in the land, thank you for these remarks.

Continue the discussion at forums.talkingpointsmemo.com

70 more replies

Participants

Avatar for bp Avatar for alliebean Avatar for anniew Avatar for fgs Avatar for barkingdogs3 Avatar for mattinpa Avatar for clunkertruck Avatar for imkmu3 Avatar for avattoir Avatar for nellieh Avatar for squirreltown Avatar for teenlaqueefa Avatar for tomdibble Avatar for carlosfiance Avatar for mantan Avatar for whiteboar Avatar for tecmage Avatar for ottnott Avatar for khaaannn Avatar for darrtown Avatar for mainemomma Avatar for professorpoopypants Avatar for jalus Avatar for bplewis24

Continue Discussion
Masthead Masthead
Founder & Editor-in-Chief:
Executive Editor:
Managing Editor:
Deputy Editor:
Editor at Large:
General Counsel:
Publisher:
Head of Product:
Director of Technology:
Associate Publisher:
Front End Developer:
Senior Designer: