The Art of the Deal: on Jobs


Donald Trump: First Atlantic City casino ever finished on-time & on-budget

[When constructing the Holiday Inn casino], one way we saved money was from something known as value engineering. For example, instead of placing the cooling towers for our air conditioners on the roof, we installed them on a lower section of the roof, six months earlier.

The second way we saved money was by producing very complete plans, so that contractors could bid on every aspect of the job.

The final thing that helped us keep costs down the state of the construction industry in Atlantic City in the spring of 1982. Thousands of local construction workers were either out of work or about to be. That gave us a lot of leverage with contractors. I wasn't looking to force these guys to make such bad deals that they'd lose money. On the other hand, I was in a position to negotiate very reasonable prices.

I got the building finished right on schedule. It represented the first casino-hotel in Atlantic City ever built on time and on budget.

Source: The Art of the Deal, by Donald Trump, p.216-7 Jul 6, 1993

  • The above quotations are from Trump: The Art of the Deal, by Donald Trump.
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2020 Presidential contenders on Jobs:
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V.P.Mike Pence(IN)
Pres.Donald Trump(NY)
Gov.Bill Weld(MA)
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2020 Third Party Candidates:
Gov.Gary Johnson(L-NM)
Gov.John Kasich (R-OH)
V.P.Mike Pence (R-IN)
Howard Schultz(I-WA)
Pres.Donald Trump (R-NY)
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Page last updated: May 20, 2019