The leaders of the world assembled at the World Economic Forum at Davos – Switzerland from 23-26 January 2018 with the theme “creating a shared Future in a fractured world”.
President Trump addressed the meeting representing America a prosperous nation with good job, safe home and a better living. He presented a bullish stance of the nation, quoting the economic growth and record-breaking numbers of stock exchange. Consumer Confidence, Business confidence and manufacturing confidence at the highest level compared to decades.
He claimed, since his taking up the charge of President, 2.4 million new jobs have been created, new unemployment claims at the lowest level. African American unemployment has reached to lowest level ever recorded. Small business optimism is at the all time high level.
In his speech he said:
The world is witnessing the resurgence of a strong and Prosperous America. With great affirmation he quoted ‘I am here to deliver a simple message: There has never been a better time to hire, to build, to invest and to grow in the United States. America is open for business and we are competitive once again. The American economy is by far the largest in the world and we’ve just enacted the most significant tax cuts and reform in American history. We massively cut taxes for the middle class and small businesses to let working families keep more of their hard-earned money.
He claimed corporate tax rate has been reduced from 35 percent to 21 percent. As a result, millions of workers have received tax cut bonuses from their employers in amounts as large as three thousand dollars. The tax cut bill is expected to raise the average American’s household income by more than four thousand dollars. And the world’s largest company, Apple, announced it will bring $245 billion dollars in overseas profits home to America. Their total investment into the United States economy will be more than $350 billion over the next five years.
In his speech he said, ‘Now is the perfect time to bring your business, your jobs, and your investments to the United States of America’. This is especially true because we have undertaken the most extensive regulatory reduction ever conceived. Regulation is stealth taxation. In the United States, like in many countries, unelected bureaucrats have imposed crushing anti-business and anti-worker regulations on our citizens with no vote, no legislative debate, and no real accountability.
In America, those days are over.
I pledged to eliminate two unnecessary regulations for every one new regulation. We have succeeded beyond our highest expectations. Instead of two-for-one, we have cut twenty-two burdensome regulations for every one new rule.
We are freeing our businesses and workers, so they can thrive and flourish as never before. We are creating an environment that Attracts capital, invites investment, and rewards production. America is the place to do business – so come to America where you can innovate, create and build.
I believe in America. As President of the United States, I will always put America First. Just like the leaders of other countries should put their countries first.
But America First does not mean America alone
When the United States grows, so does the world. American prosperity has created countless jobs around the globe and the drive for excellence, creativity and innovation in the United States has led to important discoveries that help people everywhere live more prosperous and healthier lives.
As the United States pursues domestic reforms to unleash jobs and growth, we are also working to reform the international trading system so that it promotes broadly-shared prosperity and rewards those who play by the rules.
We cannot have free and open trade if some countries exploit the system at the expense of others. We support free trade, but it needs to be fair and reciprocal. Because in the end, unfair trade undermines us all. We will enforce our trade laws and restore integrity to the trading system. These lines were quoted referring to China and its trade practices.
He said America is roaring back and now is the time to invest in the future of America. We have dramatically cut taxes to make America competitive. We are eliminating burdensome regulations at a record pace. We are reforming the bureaucracy to make it lean, responsive and accountable—and we are ensuring our laws are enforced fairly. We have the best colleges and universities in the world, and we have the best workers in the world. Energy is abundant and affordable. There has never been a better time to come to America.
We are also making historic investments in the American military—because we cannot have prosperity without security.
My administration is proud to have led historic efforts, at the United Nations Security Council and around the world, to unite all civilized nations in our campaign of maximum pressure to denuclearize the Korean peninsula. And we continue to call on partners to confront Iran’s support for terrorists and to block Iran’s path to a nuclear weapon. He added in his speech.
We are also working with allies and partners to destroy jihadist terrorist organizations such as ISIS. The United States is leading a broad coalition to deny terrorists control of their territory and populations, to cut off their funding, and to discredit their wicked ideology. I am pleased to report that the Coalition to Defeat ISIS has retaken almost 100 percent of the territory once held by these killers in Iraq and Syria. There is still more fighting and work to be done to consolidate our gains. And we are committed to ensuring that Afghanistan never again becomes a safe haven for terrorists who want to commit mass murder of our citizens. I want to thank those nations represented here today that have joined in these crucial efforts. You are not just securing your own citizens but saving lives and restoring hope for millions.
When it comes to terrorism, we will do what is necessary to protect our nation – we will defend our citizens, and our borders. We are also securing our immigration system, as a matter of both national and economic security. America is a cutting-edge economy, but our immigration system is stuck in the past. We must replace our current system of extended-family chain migration with a merit-based system of admissions that selects new arrivals based on their ability to contribute to our economy, to support themselves financially, and to strengthen our country.
He clarified the new immigration regime as merit-based regime to provide the competitive spirit of the nation.
Further he mentioned his speech: In rebuilding America, we are also fully committed to developing our workforce. We are lifting people from Dependence to Independent – because we know the single best anti-poverty program is a payback.
To be successful, it is not enough to invest in our economy – we must invest in our people. When people are forgotten, the world becomes fractured. Only by hearing and responding to the voices of the forgotten can we create a bright future that is truly shared by all. A nation’s greatness is more than the sum of its production – a nation’s greatness is the sum of its citizens: The values, pride, love, devotion and character of the people who call that nation home.
From my first international G-7 summit, to the G-20, to the U.N. General Assembly, to APEC, to the World Trade Organization, and today at the World Economic Forum, my administration has not only been present, but has driven our message that we are all stronger when free and sovereign Nations cooperate toward shared goals—and shared dreams.
In his speech, he presented America on the path of being the incredible nation with promising future prosperity in living conditions of his citizen and business environment.
He concluded his speech with the words ‘Thank you to our hosts, thank you to the leaders and innovators in the audience, but most importantly, thank you to all the hardworking men and women who do their duty each and every day – making this a better world for everyone. Together, let us send our love and gratitude to them—because they make our countries run. Thank you, God Bless You, and God Bless you all’.
President Donal Trump in his entire speech presented a strong and a positive stance on the America adopting growth stride. He claimed his regimes and new policies are turning the record noting progress to the nation.
After a speech on the US economic agenda, Trump sat down with WEF founder Klaus Schwab for a short discussion. During one answer, Trump entered into one of his favorite topics of media criticism.
“As a businessman I was always treated really well by the press. You know, the numbers speak and things happen, but I’ve always had really good press,” Trump said. “And it wasn’t until I became a politician that I realized how nasty, how mean, how vicious, and how fake the assembled crowd press can be.”
The crowed Booed at him when he said news media is Fake.