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How Is President Trump’s Business Doing? Check the Electoral College - The New York Times

posted onSeptember 11, 2017
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Article snippet: MOORESVILLE, N.C. — Business is booming here at the Trump National Golf Club. The real estate office is selling million-dollar homes, the membership roster is nearly maxed out, and the private club is booking a record number of events, including a sold-out “Bag-Lady Luncheon,” where luxury leather handbags were auctioned for a charity that supports military veterans. “How do we get busier?” asked Jennifer Minton, the club’s controller, during a recent tour of the grounds. “We only have so many weekends.” It is a very different story in Los Angeles. The Trump National Golf Club there, a public course, has seen a double-digit drop in revenue from golf in the first six months of 2017 compared with a year earlier, according to documents obtained through a public records request. A large crowd assembled this spring, but they were protesters spelling out “RESIST!” with their bodies. The divergent fortunes of the North Carolina and Los Angeles clubs reflect a broader pattern across President Trump’s business empire: The red-blue political divide is not only informing the president’s policies, it is influencing his family-owned company’s bottom line. Mr. Trump’s most recent financial disclosure statement, a 98-page report in June, showed that the Trump Organization brought in at least $597 million in revenue during his 2016 campaign and the first few months of his presidency, down about 3 percent compared with his previous filing in May 2016. But an analysis by The New Y... Link to the full article to read more

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