New York Times Editorial Board:
“I built what I built myself.”
This boast has long been at the core of the mythology of Donald Trump, Self-Made Billionaire. As the oft-told story goes, young Mr. Trump accepted a modest $1 million loan from his father, Fred, a moderately successful real estate developer from Queens, and — through smarts, hard work and sheer force of will — parlayed that loan into a multibillion-dollar global empire.
It’s a classic American tale of ambition and self-determination. Not Horatio Alger, exactly, but appealing, and impressive, nonetheless.
Except that, like so much of what Mr. Trump has been selling the American public in recent years, this origin story was a sham — a version of reality so elaborately embellished that it qualifies as fan fiction more than biography.
Fantastic read from the paper of record.
In his 1987 memoir “The Art of the Deal,” Mr. Trump famously offered his take on the origins of his success: “I play to people’s fantasies. People may not always think big themselves, but they can still get very excited by those who do. That’s why a little hyperbole never hurts. People want to believe that something is the biggest and the greatest and the most spectacular. I call it truthful hyperbole. It’s an innocent form of exaggeration — and a very effective form of promotion.”
But increasingly, Mr. Trump’s willingness to bend the truth — and the rules — in the service of his myth looks less like innocent exaggeration than malicious deception, with a dollop of corruption tossed in for good measure. It’s not the golden, glittering success story he has been peddling. It’s shaping up to be something far darker.