Vince McMahon walks like that to make himself look foolish, yet cocky. He wants the fans to hate him; therefore, he walks like an egotistical tool. When people see that, they say, wow, this guy thinks he is so cool, and he looks so stupid; I hate him for that reason. That is exactly what he wants the fans to say, since he is a heel (villain).
However, Vince McMahon did not invent that walk. It was done passed his time by Buddy Rodgers, who was the future "Nature Boy" ever. It walk was called the peacock strut.
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Yes, because in most cases people aren't witty enough to have comebacks to that. B e prepared for combacks to that though. Such as: You could say: Person 1: You're an idiot. Person 2: I know you are but what am I? Person 1: I already told you, you're an idiot. or If I am, what are you?! Oh WAIT, I know! A ___ (fill in blank). or That's the best you got? A little kindergarten insult? How sad.... or I don't speak ___(word of your choice, maybe baby, or stupid, etc). Say this: Say, how old are you? 5!? Say: Are you serious right now? Then laugh and walk away, making them feel like an idiot. Thanks, that's a compliment in comparison to what you are. You could say to that: I know you are, but what am I? Oh WAIT! I know! SOmething YOUR not. Hope this helps! :)
1986
The Four Seasons
The ramp walk is another way of saying "runway walk."
Walk Like An Egyptian by The Bangles