U.S. President Donald Trump spoke on the World Economic Forum in Davos Switzerland, on Wednesday, escalating his rhetoric over vows to accumulate the Danish territory of Greenland.
In a speech that ranged from talking concerning the U.S. economy, attacking domestic political opponents to doubling down on his threats for Greenland and criticizing allies like Canada, here’s what Trump said.
DONALD TRUMP: It’s great to be back in beautiful Davos, Switzerland, and to handle so many respected business leaders, so many friends, just a few enemies. And the entire distinguished guests. It’s a who’s who, I’ll say that.
I’ve come to this 12 months’s World Economic Forum with truly phenomenal news from America. Yesterday marked the one 12 months anniversary of my inauguration, and today, after 12 months back within the White House, our economy is booming. Growth is exploding. Productivity is surging. Investment is soaring. Incomes are rising. Inflation has been defeated. Our previously open and dangerous border is closed and virtually impenetrable.
And the USA is within the midst of the fastest and most dramatic economic turnaround in our country’s history. Under the Biden administration, America was affected by the nightmare of stagflation, meaning low growth and high inflation, a recipe for misery, failure and decline.
But now, after only one 12 months of my policies, we’re witnessing the precise opposite. Virtually no inflation and extraordinarily high economic growth. Growth like, I imagine you’ll see very shortly, our country has never seen before. Perhaps no country has ever seen before.
Over the past three months, core inflation has been just 1.6 per cent. Meanwhile, fourth quarter growth is projected to be 5.4 per cent, far greater than anybody apart from myself and just a few others had predicted. For the reason that election, the stock market has set 52 all-time high records.
In order that’s in a single 12 months — 52 records, adding $9 trillion in value to retirement accounts, 401Ks and folks’s savings. Persons are doing thoroughly. They’re very blissful with me. Since my inauguration, we’ve lifted greater than 1.2 million people off of food stamps. And after 4 years, by which Biden secured lower than $1 trillion of latest investment in our country — consider that, one trillion. Substantially lower than that.
In 4 years, we’ve secured commitments for a record breaking $18 trillion. And we expect when the ultimate numbers come out, they’ll be closer to $20 trillion of investment. That’s never been done by any country at any time. Not even close.
Just over one 12 months ago, under the unconventional left Democrats, we were a dead country. Now we’re the most well liked country anywhere on the earth.
The truth is, the USA economy is on pace to grow at double the speed that was projected by the IMF just last April. And with my growth and tariff policies, it must be much higher. I actually imagine we might be much higher than that. And that is all great news and it’s great for all nations.
The USA is the economic engine on the planet. And when America booms, your complete world booms. That’s been the history. When it goes bad, it goes bad. You all follow us down and also you follow us up.
And we’re at a degree that we’ve never I don’t imagine we’ve ever been. I never thought we could do it this quickly. My biggest surprise is I assumed it will take greater than a 12 months, possibly like a 12 months and one month. Nevertheless it’s happened in a short time.
This afternoon, I need to debate how we’ve achieved this economic miracle, how we intend to lift living standards for our residents to levels never seen before, and maybe the way you too, and the places where you come from can do significantly better by following what we’re doing.
Because certain places in Europe will not be even recognizable, frankly, anymore. They’re not recognizable and we will argue about it, but there’s no argument. Friends come back from different places — I don’t need to insult anybody – and say ‘I don’t recognize it,’ and that’s not in a positive way. That’s in a really negative way.
I like Europe and I need to see Europe go good, however it’s not heading in the appropriate direction.
In recent a long time, it became conventional wisdom in Washington and European capitals that the one option to grow a contemporary Western economy was through ever increasing government spending, unchecked mass migration and infinite foreign imports.
The consensus was that so-called dirty jobs and heavy industries must be sent elsewhere, that reasonably priced energy must be replaced by the Green Latest Scam, and that countries might be propped up by importing recent and completely different populations from faraway lands.
This was the trail that Sleepy Joe Biden administration and lots of other Western governments very foolishly followed, turning their backs on every part that makes nations wealthy and powerful and powerful. And there’s a lot potential in so many countries. The result was record budget and trade deficits and a growing sovereign deficit was driven by the most important wave of mass migration in human history.
We’ve never seen anything prefer it.
Quite frankly, many parts of our world are being destroyed before our very eyes, and the leaders don’t even understand what’s happening. And those that do understand aren’t doing anything about it.
Virtually the entire so-called experts predicted my plans to finish this failed model would trigger a worldwide recession and runaway inflation, but we’ve proven them flawed. It’s actually just the alternative.
In a single 12 months, our agenda has produced a change like America has not seen in over 100 years. As a substitute of closing down energy plants, we’re opening them up. As a substitute of constructing ineffective money, losing windmills, we’re taking them down and never approving any.
As a substitute of empowering bureaucrats, we’re firing them and so they’re going out and getting jobs within the private sector for 2 and 3 times what they were making in government.
They began off hating me once we fired them. And now they love me.
As a substitute of raising taxes on domestic producers, we’re lowering them and raising tariffs on foreign nations to pay for the damage that they’ve caused.
In 12 months, we’ve removed over 270,000 bureaucrats from the federal payrolls, the most important single 12 months reduction in government employment for the reason that end of World War Two.
No person thought that was coming, but we had no alternative to make the country great. You possibly can’t have all federal jobs.
We’ve cut federal spending by $100 billion and slashed the federal budget deficit by 27 per cent in the only 12 months. It’s going to go down quite a bit more from that driving inflation way down from the record highs of the Biden administration.
Every month they went up and up and up. I promised to chop 10 old regulations for each single recent regulation, but as an alternative I’ve cut actually until this point, 129 regulations for each one recent regulation approved.
So each time they are available with a brand new regulation, we do at the least 10. But thus far it’s averaging out to 129, in the event you can imagine it.
In July, we passed the most important tax cuts in American history, including no tax on suggestions, no tax on extra time, no tax on Social Security for our great seniors. We also provided 100 per cent expensing – that’s the one they like.
And bonus appreciation for all recent equipment and capital investments to assist firms expand and shift production to America. They’re so in love with it. They construct a plant, they’re capable of deduct it immediately, the entire thing, moderately than waiting 38 to 41 years within the old days.
It is a miracle going down. No person thought it will ever be done by any country, however it’s done by us. It was what made my first term probably the most successful 4 12 months term that we’ve ever had from a financial standpoint, and now we’ve up that it is a 10 12 months program, not a one 12 months program. But you’re allowed to deduct every part in a single 12 months. Was 38 to 41 years.
With tariffs, we’ve radically reduced our ballooning trade deficit, which was the most important in world history. We were losing greater than $1 trillion each 12 months, and it was just wasted. It was going to waste.
But in a single 12 months, I slashed a monthly trade deficit by a staggering 77 per cent. And all of this with no inflation, something everyone said couldn’t be done.
There have been a few good those that actually thought I used to be doing the appropriate thing. I assumed I used to be doing the appropriate thing. Now all of them think I’m doing the appropriate thing because they will’t imagine the numbers.
American exports at the moment are up by greater than $150 billion. Domestic steel production is up by 300,000 tons a month, and it’s doubling over the subsequent 4 months. It’s doubling and tripling and we’ve steel plants being built everywhere in the country. No person thought they’d see that.
Factory construction is up by 41 per cent. And that number is basically going to skyrocket immediately, because that’s during a process that they’re putting in to get their approvals that we’ve given very, very quick, fast approvals. In the method, we’ve made historic trade deals with partners covering 40 per cent of all U.S. trade. A number of the best firms in countries on the earth.
We’ve got countries as our partners too. European nations, Japan, South Korea. They’re our partners they’ve gone into massive deals with, especially in oil and gas.
And these agreements raise growth and cause stock markets to boom, not only within the U.S., but virtually every country that got here to make a deal because, as you’ve learned, when the USA goes up, you follow. It’s really develop into a staple in America.
I’ve stopped the nation wrecking energy policies that drive up prices while sending jobs and factories to the world’s worst polluters. They’re indeed polluters. Under Sleepy Joe Biden, recent domestic oil and gas leases fell by 95 per cent. Consider that, and so they wonder why was gasoline going up so fast?
The gasoline actually topped $5 a gallon in some places, $7 a gallon and greater than 100 major power plants were violently shut down by incompetent those that had no idea what the hell they were doing.
Under my leadership, U.S. natural gas production is at an all-time high. By far. U.S. oil production is up by 730,000 barrels a day. And last week we picked up 50 million barrels from Venezuela alone.
Venezuela has been a tremendous place for thus a few years. But then they went bad with their policies 20 years ago. It was an awesome country and now it’s got problems, but we’re helping them. And people 50 million barrels, we’re going to be splitting up with them and so they’ll be making more cash than they’ve made in a protracted time.
Venezuela goes to do fantastically well. We appreciate the entire cooperation we’ve been given. We’ve been given great cooperation. Once the attack ended, the attack ended and so they said, let’s make a deal. More people should try this, but Venezuela goes to make more cash in the subsequent six months than they’ve made within the last 20 years.
Every major oil company is coming in with us. It’s amazing. It’s a gorgeous thing to say and the leadership of the country has been superb. They’ve been very, very smart. The worth of gasoline is now below $2.50 a gallon in lots of states, $2.30 a gallon in most states. Then we’ll soon be averaging lower than $2 a gallon in lots of places, it’s already down even lower – $1.95 a gallon.
Quite a few states are at $1.99. Numbers that no one has heard for years. Actually, since my last administration, we got it all the way down to around those numbers.
I’ve signed an order directing approval of many recent nuclear reactors. We’re going heavy into nuclear. I used to be not an enormous fan because I didn’t like the chance, the danger. However the progress they’ve made with nuclear is unbelievable, and the protection progress they’ve made is incredible.
We’re very much into the world of nuclear energy, and we will have it now at good prices and really, very protected.
We’re leading the world in AI by lots. We’re leading China by lots. And I feel President XI respects what we’ve done, partially because they’ve allowed these big firms constructing these massive buildings to construct their very own electric capability.
They’re constructing their very own power plants, which when added up, is greater than any country anywhere on the earth is doing. I read recently an article within the Wall Street Journal that China is creating a lot energy. They usually are, going handy it to them
But we’re creating as much or more, and we’re letting them try this. I’m very happy with it. It was my idea. They said, you possibly can’t create this much energy. We wanted greater than double the energy currently within the country simply to deal with the air plants. And he said, we will’t try this. We’ve got an old grid system. And I got here up with the thought, you recognize, you persons are good. You may have loads of money. Let’s see what you possibly can do. You possibly can construct your individual electric generating plants.
They usually checked out me. They didn’t imagine me. All the names which can be really, I feel, within the room immediately, if you ought to know the reality. They didn’t imagine it. And I said, no, no, you possibly can’t.
They got here back two weeks and so they didn’t have the plant. They said, we thought you were kidding. I said, no, not only am I not kidding, you’re going to have your approvals inside two weeks. I all the time say nuclear will take three weeks. But most aren’t going that, they’re going oil and gas. They’re even going coal in some cases.
Due to my landslide election victory, the USA avoided the catastrophic energy collapse which befell every European nation that pursued the Green Latest Scam.
Perhaps the best hoax in history, the Green Latest scam.
Windmills in every single place. Destroy your land, destroy your land. Each time that goes around, you lose $1,000. You’re purported to generate profits with energy, not lose money.
Here in Europe, we’ve seen the fate that the unconventional left tried to impose on America. They tried very hard. Germany now generates 22 per cent less electricity than it did in 2017. And it’s not the present Chancellor’s fault. He’s solving the issue. He’s going to do an awesome job. But what they did before he got there, I suppose that’s why he got there. And electricity prices are 64 per cent higher.
The UK produces only one third of the overall energy from all sources that it did in 1999. Consider that, one third. They usually’re sitting on top of the North Sea, one in all the best reserves anywhere on the earth. But they don’t use it. And that’s one reason why their energy has reached catastrophically low levels with equally high prices. High prices, very low levels, consider that. One third, and also you’re sitting on top of the North Sea.
They usually wish to say, well, you recognize, that’s depleted. It’s not depleted. It’s got 500 years. They haven’t even found the oil. The North Sea is incredible. They don’t let anybody drill environmentally. They don’t allow them to drill. They make it unattainable for the oil firms to go. They take 92 per cent of the revenues.
So the oil firms say can’t do it. They got here to see me. Is there anything you possibly can do? I need Europe to do great. I need U.K. to do great. Sitting on one in all the best energy sources on the earth, and so they don’t use it. The truth is, their electricity prices have soared 139 per cent.
There are windmills throughout Europe. There are windmills in every single place and so they are losers. One thing I’ve noticed is that the more windmills a rustic has, the more cash that country loses and the more serious that country is doing.
China makes almost the entire windmills, and yet I haven’t been capable of find any wind farms in China. Did you ever consider that? It’s an excellent way of taking a look at it. They’re smart. China may be very smart.
They make them. They sell them for a fortune. They sell them to the silly those that buy them, but they don’t use them themselves. They put up a pair of huge wind farms, but they don’t use them. They simply put them up to indicate people what they may seem like. They don’t spin, they don’t do anything.
They use a thing called coal, mostly. China goes with the coal. They go along with oil and gas. They’re starting to take a look at nuclear a bit of bit and so they’re doing just advantageous. They make a fortune selling the windmills and I feel really that’s one which they wouldn’t be surprised if it stopped.
They’re shocked that it continues to go. They were very friendly with me. They’re shocked that folks proceed to purchase those rattling things.
They killed the birds. They ruined your landscapes. Aside from that, I feel they’re fabulous. By the best way. Silly people buy them.
The implications of such destructive policies have been stark, including lower economic growth, lower standards of living, lower birth rates, more socially disruptive migration, more vulnerability to hostile foreign adversaries, and far, much smaller militaries.
The USA cares greatly concerning the people of Europe. We actually do. I mean, look, I’m derived from Europe. Scotland and Germany, 100 per cent Scotland, my mother, 100 per cent German, my father.
And we imagine deeply within the bonds we share with Europe as a civilization. I need to see it do great. That’s why issues like energy, trade, immigration and economic growth have to be central concerns to anyone who desires to see a powerful and united West, because Europe and people countries need to do their thing.
They need to get out of the culture that they’ve created over the past 10 years. It’s horrible what they’re doing to themselves. They’re destroying themselves, these beautiful, beautiful places.
We wish strong allies, not seriously weakened ones. We wish Europe to be strong. Ultimately, these are matters of national security and maybe no current issue makes the situation more clear than what’s currently occurring with Greenland.
Would you want me to say just a few words of Greenland? I used to be going to depart it out of the speech, but I assumed… I feel it will have been reviewed very negatively.
I even have tremendous respect for each the people of Greenland and the people of Denmark. Tremendous respect. But every NATO ally has an obligation to give you the option to defend their very own territory. And the very fact is, no nation or group of countries is in any position to give you the option to secure Greenland apart from the USA.
We’re an awesome power much greater than people even understand. I feel they found that out two weeks ago in Venezuela.
We saw this in World War Two when Denmark fell to Germany after just six hours of fighting and was totally unable to defend either itself or Greenland. So the USA was then compelled. We did it. We felt an obligation to do it, to send our own forces, to carry the Greenland territory and hold it we did.
At great cost and expense. They didn’t have a likelihood of getting on it, and so they tried. Denmark knows that. We literally arrange bases on Greenland for Denmark. We fought for Denmark. We weren’t fighting for anyone else. We were fighting to reserve it for Denmark.
Big, beautiful piece of ice. It’s hard to call it land. It’s an enormous piece of ice. But we saved Greenland and successfully prevented our enemies from gaining a foothold in our hemisphere. So we did it for ourselves also.
After which after the war, which we won, we won it big. Without us, immediately you’d all be speaking German and a bit of Japanese perhaps.
After the war, we gave Greenland back to Denmark. How silly were we to do this? But we did it. But we gave it back. But how ungrateful are they now?
So now our country and the world face much greater risks than it did ever before. Due to missiles, due to nuclear, due to weapons of warfare that I can’t even discuss.
Two weeks ago, they saw weapons that no one ever heard of. They weren’t capable of fire one shot at us. They said what happened? Every part was discombobulated.
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They said, we’ve got him in our sights, pressed the trigger, and nothing happened. No anti-aircraft missiles went up. There was one which went up about 30 feet and crashed down right next to the those that sent it.
They said, what the hell is happening? Those defensive systems were made by Russia and by China. In order that they’re going to return to the drawing boards, I suppose.
Greenland is an unlimited, almost entirely uninhabited and undeveloped territory that’s sitting undefended in a key strategic location between the USA, Russia and China. That’s exactly where it’s. Right smack in the center.
It wasn’t essential nearly once we gave it back. You realize, once we gave it back, it wasn’t the identical because it is now. It’s not essential for every other reason, you recognize. Everyone talks concerning the minerals. There’s so many there’s no rare earth, no such thing as rare earth. There’s rare processing. But there’s a lot rare earth.
And to get to this rare earth, you bought to undergo a whole lot of feet of ice. That’s not the rationale we’d like it. We want it for strategic national security and international security.
This enormous unsecured island is definitely a part of North America on the northern frontier of the Western Hemisphere.
That’s our territory.
It’s subsequently a core national security interest of the USA of America. And actually, it’s been our policy for a whole lot of years to stop outside threats from entering our hemisphere.
And we’ve done it very successfully. We’ve never been stronger than we at the moment are. That’s why American presidents have sought to buy Greenland for nearly two centuries. You realize, for 2 centuries they’ve been attempting to do it.
They need to have kept it after World War Two, but that they had a distinct president. That’s all right. People think in a different way. Far more obligatory now than it was at the moment.
Nevertheless in 2019, Denmark said that they might spend over $200 million to strengthen Greenland’s defences. But as you recognize, they spent lower than one per cent of that quantity. One per cent, there’s no sign of Denmark there. I say that with great respect for Denmark, whose people I like, whose leaders are superb.
It’s the USA alone that may protect this giant, massive land, this giant piece of ice, develop it and improve it and make it in order that it’s good for Europe and protected for Europe and good for us.
And that’s the rationale I’m looking for immediate negotiations to once more discuss the acquisition of Greenland by the USA, just as we’ve acquired many other territories throughout our history, as lots of the European nations have acquired.
There’s nothing flawed with it.
Lots of them, some went in reverse. Actually, in the event you look, some had great vast wealth, great vast lands everywhere in the world. They went in reverse. They stuck back where they began. That happens too. But some grow.
But this may not be a threat to NATO. This could greatly enhance the safety of your complete alliance, the NATO alliance, the USA is treated very unfairly by NATO.
I need to inform you that. And when you consider it, no one can dispute it.
We give a lot and we get so little in return. And I’ve been a critic of NATO for a few years, and yet I’ve done more to assist NATO than every other president by far, than every other person. You wouldn’t have NATO if I didn’t become involved in my first term.
The war with Ukraine is an example. We’re hundreds of miles away, separated by a large ocean. It’s a war that ought to have never began, and it wouldn’t have began if the 2020 U.S. presidential election weren’t rigged. It was a rigged election. Everybody now knows that. They came upon. People will soon be prosecuted for what they did.
It’s probably breaking news, however it must be. It’s a rigged election. Can’t have rigged elections. You would like strong borders, strong elections, and ideally, an excellent press. I all the time said strong borders, strong elections, free fair elections and a good media. The media is terrible. It’s very crooked, it’s very biased, terrible. But someday it’ll straighten out since it’s losing all credibility.
Consider it. Once I won in a landslide, a large landslide won, all seven swing states, won the favored vote, won every part and I only get negative press, that signifies that it has no credibility.
And in the event that they’re going to get credibility, they’re going to need to be fair. So you would like a good press, but you furthermore may need those other elements. And I inherited a terrible, terrible situation. In the event you look, the border was open, the inflation was raging, every part was bad with the USA once I got here into office.
But I also inherited a multitude with Ukraine and Russia, something that might have never happened. And I do know Putin thoroughly. He and I’d discuss Ukraine. It was the apple of his eye, but he wasn’t going to do anything. I said, Vladimir, you’re not doing it. He would never have done it.
It was terrible what happened. I could see it happening too. After I left, I could see it happening. Biden had given Ukraine and NATO $350 billion, staggering sum $350 billion. I got here in and similar to the southern border, similar to inflation, similar to our economy, I said, ‘wow, this place is in trouble,’ meaning our country.
All of this stuff were uncontrolled, however the border was uncontrolled. We fixed it with the strongest border anywhere on the earth. And I even have now been working on this war for one 12 months, during which era I settled eight other wars, India-Pakistan. I’ve settled other wars that were… Vladimir Putin called me… Armenia, Azerbaijan. He said, ‘I can’t imagine you settled all that one, they were occurring for 35 years.’
I settled it in sooner or later and President Putin called me. He said, ‘you recognize, I can’t imagine I’ve worked in that war for 10 years attempting to settle it. I couldn’t do it.’ I said, ‘do me a favour. Concentrate on settling your war. Don’t worry about that.’
What does the USA get out of all of this work? All of this money apart from death, destruction, and big amounts of money going to individuals who don’t appreciate what we do, they don’t appreciate what we do.
I’m talking about NATO, I’m talking about Europe. They need to work on Ukraine. We don’t. The USA may be very far-off. We’ve got an enormous, beautiful ocean separating us. We’ve got nothing to do with it.
Until I got here along, NATO was only purported to pay two per cent of GDP, but they weren’t paying. A lot of the countries weren’t paying anything. The USA was paying for virtually 100 per cent of NATO. And I got that stopped. I said, ‘that’s not fair.’ But then more importantly, I got NATO to pay five per cent and now they were paying and now they’re paying.
Something no one said was possible. They said, ‘we’ll never go up higher than two per cent’ but they went to 5 per cent and now they’re paying the five. They didn’t pay the 2 and now they’re paying the five and so they’re stronger for it. They usually have a superb by the best way, Secretary-General, who’s possibly within the room? Mark [Rutte], are you here? Yes. He’s here. Hello, Mark.
We never asked for anything, and we never got anything. We probably won’t get anything unless I resolve to make use of excessive strength and force where we could be, frankly, unstoppable.
But I won’t try this. Okay, now everyone saying, oh good. That’s probably the largest statement I made because people thought I’d use force.
I don’t need to use force. I don’t need to use force. I won’t use force. All the USA is asking for is a spot called Greenland. Where were we already had it as a trustee, but respectfully returned it back to Denmark not way back after we defeated the Germans, the Japanese, the Italians and others in World War Two. We gave it back to them.
We were a strong force then, but we’re a way more powerful force now. After I rebuilt the military in my first term and proceed to accomplish that today. We’ve got a budget of $1.5 trillion. We’re bringing back battleships. The battleship is 100 times more powerful than the good battleships you saw in World War Two. Those great big, gorgeous ships the Missouri, the Iowa, the Alabama.
I assumed possibly we could take them out of mothballs. They said, no, sir. These ships are 100, consider that, 100 times more powerful than those big, big, magnificent pieces of art that you simply saw so over and over ago that you simply still see on television. You say, ‘wow, what a force.’ 100 times, each ship, 100 times more powerful than the large battleships of the past. In order that was the tip of the more mothball story.
So what we’ve gotten out of NATO is nothing except to guard Europe from the Soviet Union and now Russia. I mean, we’ve helped them for thus a few years. We’ve never gotten anything except we pay for NATO, and we paid for a few years until I got here along, we paid for, for my part, 100 per cent of NATO because they weren’t paying their bills.
And all we’re asking for is to get Greenland, including right title and ownership, because you would like the ownership to defend it. You possibly can’t defend it on a lease. Legally, it’s not defensible that way. Totally. And number two, psychologically, who the hell desires to defend a license agreement or a lease, which is a big piece of ice in the midst of the ocean, where if there may be a war, much of the motion will happen on that piece of ice?
Consider it. Those missiles could be flying right over the centre of that piece of ice. All we wish from Denmark, for national and international security and to maintain our very energetic and dangerous potential enemies at bay, is that this land on which we’re going to construct the best golden dome ever built.
We’re constructing a golden dome that’s going to, just by its very nature, going to be defending Canada. Canada gets loads of freebies from us, by the best way. They must be grateful also. But they’re not.
I watched their prime minister yesterday. He wasn’t so grateful, they must be grateful to us. Canada, Canada lives due to the USA. Keep in mind that Mark [Carney], the subsequent time you make your statements.
What we did for Israel was amazing, but that’s nothing in comparison with what we’ve planned for the USA, Canada and the remaining of the world. We’re going to construct a dome like no other. We did it. We did it for Israel.
And by the best way, I told Bibi [Benjamin Netanyahu], ‘Bibi stop taking credit for the dome. That’s our technology. That’s our stuff.’ But that they had loads of courage and so they were good fighters, and so they did an excellent job.
And we worn out the Iran nuclear threat. Like no one can imagine. No person has ever seen anything prefer it. That Venezuela taking down Soleimani, wiping out al-Baghdadi when he tried to reinstitute ISIS. We did lots. I did loads of big things, all perfectly executed.
Each one was perfectly executed. Any individual told me that, a military expert told me, ‘sir, every part you’ve done has been perfectly executed.’ I said, ‘I do know.’
Other presidents have spent, whether foolishly or not, trillions and trillions of dollars on NATO and gotten absolutely nothing in return. We’ve never asked for anything. It’s all the time a one-way street.
Now they need us to assist them with Ukraine, and let me say, we’re going to. I’m really helping… not even them. I need to see… last week.. in the event you saw it was 10,000 soldiers… but last month it was 31,000 soldiers died. 31,000. That’s this room times… the number of individuals on this room times 30. Consider it: 30,000 soldiers died in a single month.
The month before it was 27,000. The month before that, it was 28,000. The month before that it was 25,000. It’s a bloodbath over there. And that’s what I need to stop. Doesn’t help the USA, but these are souls. These are young, young people. Appear like you, seem like a few of you right within the front row.
They go to war. Their parents are so happy with their heroes. Come back two weeks later, they get to call, your son’s head’s been blown off. I need to stop it. It’s a horrible war. It’s the worst since World War Two. They keep going. They’ll exceed World War Two. The numbers are staggering. How many individuals they’ve lost, they don’t need to discuss it. Ukraine and Russia lost just tremendous amounts.
And I’m coping with President Putin and he desires to make a deal. I imagine I’m coping with President Zelensky, and I feel he desires to make a deal. I’m meeting him today. He could be within the audience immediately, but they got to get that war stopped because too many persons are dying needlessly. Dying. Too many souls are being lost. That’s the one reason I’m taken with doing it.
But in doing it, I’m helping Europe, I’m helping NATO, and until the previous few days, once I told them about Iceland, they loved me. They called me daddy right last time. Very smart man said he’s our daddy. He’s running it. I used to be like running it. I went from running it to being a terrible human being.
But now what I’m asking for is a chunk of ice, cold and poorly positioned that may play a significant role in world peace and world protection.
It’s a really small ask in comparison with what we’ve given them for a lot of, many a long time. But the issue with NATO is that we’ll be there for them 100 per cent. But I’m undecided that they’d be there for us if we gave them the decision: ‘Gentlemen, we’re being attacked. We’re under attack by such and such nation.’
I do know all of them thoroughly. I’m undecided that they’d be there. I do know we’d be there for them. I don’t know that they’d be there for us. With the entire money we expend, with the entire blood, sweat and tears, I don’t know that they’d be there for us.
They’re not there for us on Iceland, that I can inform you. I mean, our stock market took the primary dip yesterday due to Iceland. So Iceland’s already costs loads of money. But that dip is peanuts in comparison with what it’s gone up. And we’ve an unbelievable future.
And that’s that stock market goes to be doubled. We’re going to hit 50,000 and that stock market’s going to double. And a relative short time frame due to every part that’s happening.
But there’s an excellent example. After giving NATO and European nations trillions and trillions of dollars in defence, they buy our weapons, we make the best weapons on the earth. But now we’re going to make them faster, much faster. You saw that? I put a cap on the salaries and I put no buy backs, no stock buybacks, no various other things that they were doing.
I mean, they were making $50 million, however it would take them three years to provide you a Patriot missile. I said, that’s not good. My chauffeur can do a greater job than that. And he makes barely lower than 50. They make big salaries. In the event that they’re going to make those big salaries, they’re going to have to supply lots faster. The excellent news is we’ve the best equipment on the earth. Now we’re going to begin making it lots faster. They’re going to construct additional plants.
And the entire money that goes into stock buybacks goes to enter constructing plants. We’re not allowing stock buybacks by defence firms any longer. They’re going to construct recent plants to make Tomahawks. Patriots. We’ve got the most effective equipment. F-35s at 47. The brand new one just coming out. They are saying it’s probably the most devastating plane fighter jet ever. Who knows?
They called it 47. If I don’t prefer it, I’m going to take the 47 off it. I’m wondering why they called it 47, what they give thought to that. But when I don’t prefer it, I’m going to take that 47 off.
Nevertheless it’s purported to be the stage six. It’s purported to be the primary stage six plane, undetectable like our B-2 bombers were undetectable. They flew right over Iran. They were undetectable, and so they did their job and so they got the hell out of there.
So we wish a chunk of ice for world protection, and so they won’t give it. We’ve never asked for anything. And we could have kept that piece of land and we didn’t sell.
They’ve a alternative. You possibly can say yes, and we might be very appreciative. Or you possibly can say no and we’ll remember.
A powerful and secure America means a powerful NATO. And that’s one reason why I’m working day by day to make sure our military may be very powerful. Our borders are very strong, and above all, our economy is powerful because national security requires economic security and economic prosperity. And we’ve the best that we’ve ever had.
Biden and his allies destroyed our economy and gave us perhaps the worst inflation in American history. They are saying 48 years. I say eternally, but I feel 48 years is the similar to eternally. Whether it’s 48 years or ever, it’s terrible. Costing the everyday family $33,000. What they did to this country should never, ever be forgotten.
It’s early, but he must be rated because the worst president we’ve ever had by far.
The auto pen did much of the damage, he was the auto pen president because I don’t imagine a sane president would have ever signed the sort of things that he signed.
But now grocery prices, energy prices, airfares, mortgage rates, rent and automobile payments are all coming down and so they’re coming down fast. We inherited a multitude, but we’ve done a hell of a job in 12 months.
Under my most favoured nation policy for drug prices, the price of prescribed drugs is coming down by as much as 90 per cent, depending on the best way you calculate. You could possibly also say five, six, seven, 800 per cent. There are two ways of figuring that.
But we’ve a favoured nations policy that each president wanted. No president was capable of get it. I got it, and other nations approved it, and I had to make use of tariffs in an effort to get it because they said, no way.
In other words, a pill that cost 10 per cent in London costs $130. It cost $10, in London, costs $130 in Latest York or in Los Angeles. And I’d say, ‘boy, that’s bad.’ Friends of mine would say, ‘you recognize, we go to London, you possibly can buy these items and nothing. We go everywhere in the world. We could buy it for nothing.’
Because mainly America was subsidizing every nation on the earth because presidents allowed them to get away with it. It became very tough. So once I called up Emmanuel Macron – I watched him yesterday along with his beautiful sunglasses. What the hell happened?
But I watched him type of be tough. But he was at $10 for a pill. And I said, Emmanuel and I even have the all the large pharmaceutical firms are in total agreement. It wasn’t a simple by the best way. They’re tough, smart. They’ve been getting away with this scam for a very long time. But they gave it up. But they said you’ll never get the countries to approve it. I said, why is that? Because they won’t.
They all the time said we’re not paying anymore. Get the remaining of the USA. Over time they stayed the identical. We just went up, up, up. And I mean, we might pay 13, 14, 15 times greater than certain countries.
So I said, no, they’ll approve it 100 per cent. So that you’ll never get them to approve it. I said, I guarantee you. But I actually sided with Emmanuel, who probably is within the room to him and I like him. I actually like him. Hard to imagine, isn’t it?
And I said, Emmanuel, you’re going to need to lift the value of that pill to $20, possibly $30. Consider that. Meaning it’s a doubling. A doubling of prescribed drugs could be a tripling, could be a quadrupling. It’s challenging.
‘No, no, no, Donald, I is not going to try this.’ I said, ‘yes, you’ll 100 per cent.’ He said ‘no, no, no, you’re asking me to double.’ I said, ‘Emmanuel, you’ve been profiting from the USA for 30 years with prescribed drugs. You actually should do it and you may do it. I even have little doubt. The truth is, I’m 100 per cent sure you’re going to.’
‘No, no, no, I is not going to do it.’ Because yes, in all fairness to him, he has to double or triple since the world being a much bigger place in the USA, it’s not that you simply meet in the center, you simply need to go up some. And we come down lots. They go up a bit of, we come down lots.
So we’re at $130, they’re at 10, so that they could have to go to twenty or 30. Not more than that. I said, Emmanuel, you’re going to be doubling or tripling.
No, no, no, he said. Here’s the story, Emmanuel. The reply is you’re going to do it. You’re going to do it fast. And in the event you don’t, I’m putting a 25 per cent tariff on every part that you simply sell into the USA.
And a 100 per cent tariff in your wines and champagnes. And that’s about 10 times greater than what I’m requesting. And also you’re going to do it. I don’t need to go public with it. But you could make me try this.
‘No, no, Donald, I’ll do it. I’ll do it.’ It took me, on average, three minutes a rustic. Saying the identical thing – you’ll do it. All of them said, ‘no, no, no, I is not going to do it. You’re asking me to double the price of prescription?’
I said, that’s right. Since you’ve been screwing us for 30 years. They usually say we is not going to do it. I said, that’s all right. On Monday morning we’re putting a 25, 30, 50 — I gave different numbers for various countries.
This can also be national security we’re talking about. Not fair. We’re not going to subsidize the entire world. And each one in all those countries have agreed to do it. So one in all the largest things that I’ve done is the proven fact that we’ve now most favoured nation.
We’ll pay regardless of the lowest prices in your complete world. So our drug prices are going to be coming down by a staggering 90 per cent. Again, you might say 1,000 per cent, 20 per cent is dependent upon the best way you ought to figure it. But we’ll go along with the best way the fake news likes it higher since it sounds.
Are you able to imagine? A 90 per cent reduction sounds much worse, but drug prices are going to be coming down tremendously in all of the nations, and I appreciate them doing it. But they did it. In all fairness, without tariffs, I wouldn’t have been capable of get it done.
After declining $3,000 under Biden, real incomes are up in the USA by 2003 thousand and even $5,000 and more homeownership has all the time been an emblem of health and vigour of American society. But that goal fell out of reach for tens of millions and tens of millions of individuals within the Biden 12 months because rates of interest went up so high.
Today, I’m taking motion to bring back this bedrock of the American dream. In recent times, Wall Street giants and institutional investment firms – a lot of you’re here, a lot of you’re good friends of mine, a lot of you’re supporters — sorry to do that to you, I’m so sorry — but you’ve driven up housing prices by purchasing a whole lot of hundreds of single family homes, and it’s been an awesome investment.
But often as much as 10 per cent of homes available on the market. You realize, the crazy thing is, an individual can’t get depreciation on a house, but when a company buys it, they get depreciation, okay. It’s something we’re going to need to take into consideration too. I don’t know if too many individuals take into consideration that.
You purchase a company, they buy 500 houses, they buy a whole lot of hundreds, buy 500 houses, they will take depreciation. An individual sweats and works and buys one house.
But homes are built for people, not for companies and America is not going to develop into a nation of renters. We’re not going to do this. That’s why I even have signed an executive order banning large institutional investors from buying single family homes. It’s just not fair to the general public. They’re not going to give you the option to purchase a house.
And I’m calling on Congress to pass that ban into everlasting law. And I feel they’ll. One in all the largest barriers to saving for a down payment has been surging bank card debt. The profit margin for bank card firms now exceeds 50 per cent. One in all the largest. They usually charge Americans rates of interest of 28 per cent, 30 per cent, 31 per cent, 32 per cent.
Whatever happened to usury? So to assist our residents get better from the Biden disaster, well, brought on by this horrible, just horrible president, I’m asking Congress to cap bank card rates of interest at 10 per cent for one 12 months, and it will help tens of millions of Americans save for a house.
They don’t know they’re paying 28 per cent. They go on the market a bit of late of their payment, and so they find yourself losing their house. It’s terrible.
To unleash innovation and savings and financing I’m also working to make sure America stays the crypto capital of the world. And to that end, last 12 months I signed a landmark Genius Act into law.
Now, Congress is working very hard on crypto market structure, laws on Bitcoin, all of them, which I hope to sign very soon. Unlocking recent pathways for Americans to succeed in financial freedom.
And I did it for 2 reasons. Primary, I assumed it was politically good. And it was I got tremendous political report support, but more importantly, China wanted that market too, similar to they need AI. And we’ve got that market, I feel, pretty much locked up.
If I didn’t do it, you recognize, Biden was totally against it until before the election after they realized that, you recognize, there have been tens of millions of individuals voting against him over crypto and swiftly they loved it very much. Nevertheless it was too late. They blew it.
Nevertheless it is politically popular. Nevertheless it’s way more importantly, we’ve to make it in order that China doesn’t get the hold of it. And once they’ve that hold, we’re not going to give you the option to get it back. So I’m honoured to have done it. Finally, I’ve instructed government-backed institutions to buy as much as $200 billion in mortgage bonds to bring down rates of interest.
And I’ll be announcing a brand new Fed chairman within the not-too-distant future. I feel he’ll do a superb job. See, I gave away a few of it – he. I did give that away.
So we’ve something. You get something. But someone that’s very respected, they’re all respected. They’re all great. Everyone that I interviewed is great. Everyone could do, I feel a unbelievable job.
Problem is they modify once they get the job, they do. You realize, they’re saying every part I need to listen to. After which they get the job, they’re locked in for six years. They get the job and swiftly, ‘let’s raise rates a bit of bit.’ I call them: ‘Sir, we’d moderately not discuss this.’
It’s amazing how people change once they’ve the job. It’s too bad. It’s type of disloyalty. But they’ve got to do what they think is correct. We’ve got a terrible chairman immediately, Jerome ‘Too late’ Powell. He’s all the time too late. And, he’s very late with rates of interest, except before the election. He was just advantageous for the opposite side.
So we, we’re going to have someone that’s great. And we hope he does the appropriate job. Last week, the typical 30-year mortgage rate dropped below six per cent for the primary time in a few years.
One other major consider driving up housing costs was the mass invasion of our borders. And I even have to say one thing about housing, because no one ever says this. I’m very protective of those that already own a house, of which we’ve tens of millions and tens of millions and tens of millions and since we’ve had a such an excellent run, the home values have gone up tremendously and these people have develop into wealthy. They weren’t wealthy.
They develop into wealthy due to their house. And each time you make it increasingly and cheaper for someone to purchase a house cheaply, you’re actually hurting the worth of their houses.
Obviously, since the one thing works in tandem with the opposite, and I don’t need to do anything that’s going to harm the worth of those that own a house, who, for the primary time of their lives, are walking across the streets of whatever city they’re in, very proud that their home is value 500, 600, $700,000.
Now, if I need to essentially crush the housing market, I could try this so fast that folks could buy houses, but you’d destroy loads of those that have already got houses in some cases, and so they’ve mortgaged their house and the mortgage could be very low.
And swiftly the mortgage with none changes becomes very high and so they find yourself losing the home.
I’m not going to harm. And I speak with Scott, who’s doing a unbelievable job, and Howard is doing a unbelievable job and all of my people and I all the time say, look, you recognize, I can crush the hell out of the market. We are able to drop rates of interest to a level.
And that’s one thing we do want to do this’s natural, that’s good for everyone.
You realize, the dropping of the rates of interest … we must be paying a much lower rate of interest than we’re. We must be paying the bottom rate of interest of any country on the earth, because without the USA, you don’t have a rustic.
I mean, I had a case with Switzerland. We happened to be in Switzerland. Possibly I’ll provide you with a fast story, but they were paying nothing.
They make beautiful watches, great watches, Rolex, all of them. They were paying nothing to the USA after they sent their product out.
And we had a $41 billion deficit: 41 billion. With this beautiful place. Flew over it, isn’t it nice?
So I said, let’s put a 30 per cent tariff on them in order that we get back a few of it, not all of it in any respect. We still have a deficit, big deficit at 40, 41 million. That’s an enormous deficit. And I said, let’s put a tariff on. Different tariffs, different places.
You’re all party to them. In some cases, victims to them. But ultimately that’s a good thing. And most of you realize that. But we put a 30 per cent tariff on Switzerland and all hell broke loose.
They were calling, I mean such as you wouldn’t imagine. And I do know so many individuals from Switzerland. Incredible place, incredible good place. But I then realized that they’re only good due to us.
And there’s so many other examples. I mean, us probably other places, but a majority of the cash they make is due to us, because we never charged them anything. In order that they are available, they sell their watches, no tariffs, no nothing. They walk away. They make $41 billion on just us. So I said, ‘no, we will’t try this.’
So I’m going to bring it up.
But still would have a deficit pretty substantial. But I brought it as much as 30 per cent.
And the I suppose prime minister — I don’t think president — I feel prime minister called. A girl. And she or he was very repetitive.
She said, ‘no, no, no, you can’t try this, 30 per cent. You can’t try this. We’re a small, small country.’ I said, ‘yeah, but you could have an enormous, big deficit. You might be small, but you could have an enormous deficit than big countries.’
She said, ‘no, no, no, please, you can’t do it.’ Kept saying the identical thing time and again. ‘We’re a small country,’ she said, but you’re an enormous country when it comes to… and she or he just rubbed me the flawed way, I’ll be honest with you.
And I said, ‘all right, thanks, ma’am. Appreciate it.’
‘Don’t do that.’
‘Thanks very much.’ And I made it 39 per cent.
After which all hell really broke out. And I used to be paid visits by everybody. Rolex got here to see me. All of them got here to see me. But I spotted and I reduced it because I don’t need to hurt people, I don’t need to hurt them.
And we brought it all the way down to them, you recognize, lower level doesn’t mean it’s not going up, but we brought it all the way down to a lower level. But they pay now, the tariff.
But I spotted that we’ve many places like that where they’re making a fortune due to the USA. Without the USA, they wouldn’t be making anything. Consider it. Switzerland made $41 billion on us.
And as she said, it’s a small place and I spotted with that, I don’t know, I used to be so… because she was so aggressive. And I spotted in that conversation that the USA is keeping the entire world afloat. Many places I could provide you with six or seven places just within the people on this little area.
I do know every one in all them. They’re type of they’re looking down. They don’t need to see me, and so they don’t need to stare me within the eyes, but they’re taken advantage of. Everybody took advantage of the USA. But I’ve been particularly reasonable, and I gave them a tariff and it was advantageous. But I spotted that without us, it’s not Switzerland anymore.
Without us, it’s not any of the countries which can be represented here. And we wish to work with the countries, we wish to work with them. We’re not seeking to destroy them. I could have said 39, 40 per cent, I could have, I could have said, I need a 70 per cent tariff, then we generate profits with Switzerland. But Switzerland would have been probably destroyed, financially destroyed.
I don’t want to do this, but we must be paying the bottom rate of interest of everybody. I hope Scott’s listening to this, because we must be paying the bottom rate of interest of everybody without us. Without us, a lot of the countries don’t even work.
After which you could have the protection factor. Without our military, which is the best on the earth by far, without our military, you could have threats that you simply would never… you wouldn’t imagine. You wouldn’t imagine.
You don’t have threats due to us, and that’s due to NATO. And one other thing, and I even have to say it’s so importantly, within the old days… and I’m I used to say I’m the youngest within the room. Now I’m among the many older, I hate to say it, I don’t feel old, but I’m among the many older.
But I remember not way back, 20, 25 years ago when excellent news got here out about, let’s say, the USA. The USA had an awesome quarter, the USA had an awesome month. All of the stocks went up. And that’s the best way it’s purported to be.
Now, after they say the USA had a record quarter, it’s unbelieve about how well it’s doing, all of the stocks crash because they are saying, oh, no, inflation, inflation. They’re going to lift rates of interest and so they do that. A few of these silly people like Powell, they raise rates of interest.
And what they do is that they stop you from being successful. It was once we had an awesome quarter, an awesome month, great earnings, great anything, any excellent news, the stock market went up. That’s the best way it’s going to be. We got to do this again because that’s the best way it must be. Now when we’ve an awesome month, they need to kill it. Like we did over five per cent.
We people were surprised we should always do 20 per cent. We could do 25 per cent, once we announced good numbers. And the rationale is that they’re so afraid of inflation and growth doesn’t mean inflation
We’ve had tremendous growth with very low inflation. The truth is, growth can fight inflation, proper growth. So we wish to get back to the times once we announced great numbers because we’re going to be announcing… phenomenal, you recognize, all these factories which can be being built at record.
1000’s of companies are being built immediately. Remember $18 trillion is invested I feel the second number is three. And that was China a few years ago. Investments within the country from outside 18 trillion never no one’s ever seen.
And that’s money coming in and constructing things. Factories hundreds of companies are being built. 1000’s, a whole lot of huge factories, automobile plants are moving back to the USA. They’re coming in from Canada. They’re coming in from Mexico, from Japan. Japan’s coming in and constructing plants here in an effort to avoid tariffs. They’re coming in from China. They’re coming in from everywhere in the world.
We’ve got more plants being built now, automobile plants, than we’ve ever had built. Even within the heyday from the Forties and 50s. They usually’re greater. They don’t use renovations anymore.
Once they take an old, they rip it down. They construct a brand recent plant, super modern plant. Nevertheless it’s happening at levels that no one’s ever seen.
In 2024, the U.S. built lower than two million recent homes, but Biden admitted greater than eight million recent migrants. And people days are over. In 2025, for the primary time in 50 years, the USA had reverse migration. That was nice.
And these were criminals that were being taken out of our country because they allowed people to return into our country from jails, from gangs, drug dealers, murderers, 11,888 murderers. We’ve gotten most of them out.
After which ICE gets beat up by silly people from leadership in Minnesota. We actually are helping Minnesota a lot, but they don’t appreciate it. Most places do.
You realize, Washington, D.C. is the safest place now in the USA. It was a really dangerous place to walk. And now you possibly can walk along with your wife or your kids all the way through the center of town. Straight away, Washington, D.C. is as protected because it gets. It was probably the most unsafe, I hate to confess.
We sent within the military, the National Guard. Inside two months, it was great. Inside three months, it’s prefer it’s similar to a extremely good spot and a protected place and a gorgeous place.
It’s even been cleaned up. The graffiti is gone. Fences are gone. We don’t need to worry about fences anymore. All the places… the grasses are cut and replaced with recent grass in lots of cases, all it’s all going to occur within the spring. But Washington and D.C. is gorgeous again and it’s protected.
Latest restaurants are opening up. They were all closing. Now you possibly can’t get right into a restaurant. Restaurants in Washington, D.C. are all opening. Memphis. Also Memphis, Tennessee, Latest Orleans, Louisiana. We’re there for 3 weeks. It’s cut. We’ve cut the crime all the way down to … by 64 per cent inside one other month.
We’ve got virtually no crime there. We are able to do that every one over. We’re going to assist the people in California. We wish to haven’t any crime. I do know Gavin was here. I used to get along so great with Gavin once I was president. Gavin’s an excellent guy and we’re going to … if he needed it, I’d do it in a heartbeat. I’d like to see. We did help them lots in Los Angeles, lots with the early, early in my term after they had some problems. But we might like to do it.
I’d say this, if I were Democrat governor or whatever, I’d call up Trump. I’d say, come on in and make us look good, because we’re cutting crime all the way down to nothing. And we’re taking people out, profession criminals who’re only going to do bad things and we’re bringing it back to their countries. But where we’ve done, it has been amazing. And we’ve a capability to do it at much greater levels.
We’re cutting illegal aliens off welfare and other government advantages, and I even have directed that starting immediately, there might be no more payments to sanctuary cities because they’re really just sanctuaries for criminals. They’re really protecting criminals. And people are those we’ve to get in a foreign country.
Murderers, drug dealers, the mentally insane. They empty their mental institutions into the USA. And despite that, we’ve the bottom crime numbers that we’ve ever had within the history of the country, just got here out.
But equally importantly, we’re cracking down on greater than $19 billion in fraud that was stolen by Somalian bandits. Can you think that? Somalia. They turned out to be higher IQ than we thought. I all the time say these are low IQ people. How do they go into Minnesota and steal all that cash?
And we’ve … you recognize, they’re pirates. They’re good pirates. But we shoot them out of the water. Identical to we shoot the drug boats out.
They’re not pirating too many boats currently. Do you notice after they exit into those boats, they need to take over a billion and a half dollar tanker loaded up with oil, and so they say we’re going to explode your boat. They’ve powerful weapons. You hit the side of the boat, you blow the entire thing up.
The insurance firms are petrified. In order that they say, just give them the boat, we’ll give them money as an alternative. And I don’t try this. We blow them right the hell out of the water.
We see them going out, we blow them out of the water. We don’t have any pirates a lot anymore. We do. They won’t be there long.
We’ve cut down with the hitting of the boats which can be loaded up with drugs, including submarines. Can you think they really buy… they’re called mini subs… very fast.
They’re meant for drugs. We’ve knocked out two of them. The Democrats say they were fishing. You may have ruined someone’s fishing weekend.
I’d say a submarine is just not a fishing boat. You realize, fish… But we’ve knocked down drugs by water, the oceans, the ocean by 97.2 per cent. Consider that. And I actually say, who the hell are the three per cent? Because I’d not need to be piloting one in all those boats. We knocked them down and now we’re going to begin on land. We’re going to knock all of it up.
The land is the simple part. What we did on sea is incredible, and that’s our great military.
The situation in Minnesota reminds us that the West cannot mass import foreign cultures, which have did not ever construct a successful society of their very own. I mean, we’re taking people from Somalia, and Somalia is a failed… It’s not a nation.
Got no government, got no police, got no military … It got no nothing.
After which we’ve this fake Congressperson who they only reported is value $30 million. You suspect this? Ilhan Omar talking concerning the Structure provides me … She comes from a rustic that’s not a rustic. And she or he’s telling us how you can run America … not going to get away with it for much longer, let me inform you.
The explosion of prosperity and conclusion and progress that built the West didn’t come from our tax codes. It ultimately got here from our very special culture. That is the dear inheritance that America and Europe have in common.
We share it, we share it. But we’ve to maintain it strong. We’ve got to develop into stronger, more successful and more prosperous than ever.
We’ve got to defend that culture and rediscover the spirit that lifted the West from the depths of the Dark Ages to the head of human achievement.
We live in a incredible changing period. It’s an unbelievable time, but we’ve to reap the benefits of the time that we’re in, in our hands, our technologies that our ancestors could scarcely have … I mean, they couldn’t have even dreamt among the things that we see today. And so rapidly they’re produced.
I mean AI, two years ago, no one ever heard of the term and now everybody’s talking about it. It could actually have some superb purpose. It could even have some dangerous purpose.
And for that we’ve to observe out. But some tremendous things are happening due to it. And we’re leading by a lot. We’re doing so well. But opportunities which can be greater and grander than ever before in human history are right before us.
It’s the pioneers on this room, a lot of you on this room are true pioneers. You truly good, good people. Just your ability to get a ticket is good, because you could have about 50 people for each seat. I don’t know what that’s Larry … Every part Larry touches turns to gold. He made this very successful.
But you’re on this room, and a few of you’re the best leaders anywhere on the earth. You’re the best brains anywhere on the earth. And the longer term is unlimited. And to a big part, due to you. And we’ve to guard you, and we’ve to cherish you.
I all the time say we’ve to cherish our good people because there aren’t a lot of them.
So along with confidence, boldness and persistence, allow us to lift up our people, grow our economies, defend our shared destiny, and construct a future for our residents that’s more ambitious, more exciting, more inspiring, and greater than the world has ever seen.
We’re ready to do things that no one else has ever even considered before, and lots of the people on this room are those which can be doing it.
And I need to congratulate you and I’m with you all the best way. You possibly can do things that no one else may even take into consideration. So I congratulate you and your tremendous success. And, the USA is back greater, stronger, higher than ever before.
And I’ll see you around. Thanks all very much. Thanks very much.