Trump’s ‘focus on glitz, glamor’ helped him profit as middle class hollowed out: author

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Published 2024-06-16
Tom McGrath, author of “Triumph of the Yuppies”, has followed the “young urban professionals” of America for years. He joins Alex Witt to discuss their impacts on American economic policies in the 1980’s and Donald Trump’s rise to fame.

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#Trump #Politics #2024Election

All Comments (21)
  • @DavidJ222
    In 1996, the Association to Benefit Children, a charity, held a ribbon-cutting at a nursery school serving children with AIDS in Manhattan. Bigwigs who had donated a lot of money, like then-Mayor Rudy Giuliani, former mayor David Dinkins, and Frank and Kathie Lee Gifford were in attendance. But there was another dude who showed up—despite not being a donor at all. Guess who?7

    "Nobody knew he was coming," another donor in attendance told the Washington Post. "There's this kind of ruckus at the door, and I don't know what was going on, and in comes Donald Trump. He just gets up on the podium and sits down." 

    According to the charity's executive director, Trump had never given a single dollar to the charity or the nursery school. But you know who did? The dude whose seat was stolen by Trump.

    Steven Fisher, a developer, had given a lot to the charity to build the nursery school. While the people sitting around Trump were concerned about him just showing up and jacking the Fisher's seat, the ceremony had already started and there wasn't much they could do by that point.

    As photographers took pictures, a children's choir sang "This Little Light of Mine," all while Trump sat nearby, looking like he was actually an honored donor. Trump even did the Macarena with some of the children and stars onstage. 

    After the event though, Trump left without explaining his uninvited attendance—and he exited without even donating anything either. 

    The next day, the charity's executive director had to email Fisher to apologize. "I immediately said 'no,' but Rudy Giuliani said 'yes' and I felt I had to accede to him," the executive director explained. "I am just heartsick. I hope you can forgive me," the executive director pleaded.

    Trump never apologized.
  • During Trump's presidency, the U.S. economy contracted at the fastest rate since 1946. The U.S. national debt increased by 40.43%. 1960, that's the last time a Republican administration had a balanced budget. Republican-led state budgets have an average dependency of 34.7% on federal dollars. Republican-led states receive 20% to 40% more in federal spending than they contribute. Wars declared by Republicans involving the Gulf, Afghanistan and Iraq cost the American people over 4.3 trillion dollars.
  • @Kmurphyvcom50
    A decade of promoting greed over responsibility contributed to a decline in jobs that originally allowed the middle class to grow for individuals with a high school diploma.

    They drained pension funds, dismantled businesses for profit, and promoted questionable investment practices.
  • @javtimestwo
    Never trust a former president who wears Jim Bakker’s haircut and Tammy Faye’s makeup.
  • How can two overpaid media employees discuss “yuppies” like they are some set of people they have no contact with?
  • Interesting the family name was changed from Drumpf to Trump. Trump is another word for defeating, vanquishing, besting, etc. Seems like an offensive and/or intimidating choice. Sick.
  • this whole takeover by trump was laid out in the 1980's, Reagan, and the gop.
    more specifically, it was spearheaded by Newt Gingrich and his "Contract with America" and his alliance with Jerry Falwell to earnestly start the war on women via attempts to undo roe v wade.
    in particular, Reagan undid the FCC requirement for fair and balance presentation of both sides of issues at the same time. this gave immediate rise to the glen becks, rush Limbaughs, and alex jones saying anything that they wanted, right, wrong, or just flat out lies.
    trump is a 40+ year long effort to install a dictator by the gop.
  • Yuppies we're about Wall Street and real estate with a lot of coke up their noses. Most of it in New York & Cali
  • I was a Democrat but since Obama came along, I see our enemies are laughing and using our degenerate ways to help us to the cliff.
  • Those of us younger boomers who came of age during the Reagan years know how true this is.
  • “American Psycho” was prophetic. We now have a convicted criminal running for president.
  • @LS-kg6my
    The Yuppies we’re the SPAWN of Reganomics