Meanwhile, Dems in the #impeachmentfarce look like pygmies on parade!
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| President Donald J. Trump delivers the opening remarks at the 50th Annual World Economic Forum meeting Tuesday, Jan. 21, 2020, at the Davos Congress Centre in Davos, Switzerland. |
In his
remarks President Trump gave other leaders the roadmap for prosperity that he used to create the U.S. economic miracle:
PRESIDENT TRUMP: I knew that if we unleashed the potential of our people, if we cut taxes, slashed regulations — and we did that at a level that’s never been done before in the history of our country, in a short period of time — fixed broken trade deals and fully tapped American energy, that prosperity would come thundering back at a record speed. And that is exactly what we did, and that is exactly what happened.
...
For the first time in decades, we are no longer simply concentrating wealth in the hands of a few. We’re concentrating and creating the most inclusive economy ever to exist. We are lifting up Americans of every race, color, religion, and creed.
Unemployment rates among African Americans, Hispanic Americans, and Asian Americans have all reached record lows. African American youth unemployment has reached the lowest it’s ever been in the history of our country. African American poverty has plummeted to the lowest rate ever recorded. The unemployment rate for women reached the lowest level since 1953. And women now comprise a majority of the American workforce; that’s for the first time.
The unemployment rate for veterans has dropped to a record low. The unemployment rate for disabled Americans has reached an all-time record low. Workers without a high school diploma have achieved the lowest unemployment rate recorded in U.S. history. Wages are rising across the board. And those at the bottom of the income ladder are enjoying the percentage, by far, largest gains.
Workers’ wages are now growing faster than management wages. Earnings growth for the bottom 10 percent is outpacing the top 10 percent — something that has not happened. Paychecks for high school graduates are rising faster than for college graduates.
Young Americans just entering the workforce are also sharing in America’s extraordinary prosperity. Since I took office, more than 2 million millennials have gotten jobs, and their wages have grown by nearly 5 percent annually — a number that was unthinkable. Nobody would have ever thought it was possible three years ago. A record number of Americans between the ages of 25 and 34 are now working.
In the eight years before I took office, over 300,000 working-age people left the workforce. In just three years in my administration, 3.5 million people have joined the workforce. Ten million people have been lifted off welfare in less than three years. Celebrating the dignity of work is a fundamental pillar of our agenda.
This is a blue-collar boom. Since my election, the net worth of the bottom half of wage earners has increased by plus-47 percent — three times faster than the increase for the top 1 percent. Real median household income is at the highest level ever recorded.
The American Dream is back — bigger, better, and stronger than ever before. No one is benefitting more than America’s middle class.
We have created 1.2 million manufacturing and construction jobs — a number also unthinkable. After losing 60,000 factories under the previous two administrations — hard to believe when you hear “60,000 factories” — America has now gained, in a very short period of time, 12,000 new factories under my administration. And the number is going up rapidly. We’ll be beating the 60,000 number that we lost, except these will be bigger, newer, and the latest.
Years of economic stagnation have given way to a roaring geyser of opportunity. U.S. stock markets have soared by more than 50 percent since my election, adding more than $19 trillion to household wealth, and boosting 401(k)s, pensions, and college savings accounts for millions of hardworking families.
And these great numbers are many things, and it’s despite the fact that the Fed has raised rates too fast and lowered them too slowly. And even now, as the United States is by far the strongest economic power in the world, it’s not even close. It was going to be close, but a lot of good things happened to us, and some not-so-good things happened to certain other places.
Trump also addressed climate change alarmism:
Dems are trying to impeach the President who created millions of new jobs for African Americans and helped lower income workers get a huge boost in their income. I'd say we should impeach THEM!
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