Trump's Remarks to the World Economic Forum. Issued on: January 26, 2018

[mahatmakanejeeves]

REMARKS

Remarks by President Trump to the World Economic Forum
FOREIGN POLICY

Issued on: January 26, 2018

World Economic Forum Congress Centre
Davos, Switzerland

2:02 P.M. CET

PRESIDENT TRUMP: Thank you, Klaus, very much. It’s a privilege to be here at this forum where leaders in business, science, art, diplomacy, and world affairs have gathered for many, many years to discuss how we can advance prosperity, security, and peace.

{snip}

The tax cut bill is expected to raise the average American’s household income by more than $4,000. The world’s largest company, Apple, announced plans to bring $245 billion 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.

{snip}

And we really though February 1st it was going to kick in and everybody was going to be — well, we haven’t even gotten there yet and it’s kicked in. And it’s had an incredible impact on the stock market and the stock prices. We’ve set 84 records since my election — record stock market prices, meaning we hit new highs 84 different times out of a one-year period. And that’s a great thing. And in all fairness, that was done before we passed the tax cuts and tax reform.

So what happened is really something special. Then, as you know, and as I just said, Apple came in with $350 billion. And I tell you, I spoke with Tim Cook; I said, Tim, I will never consider this whole great run that we’ve made complete until you start building plants in the U.S. And I will tell you, this moved up very substantially. But when I heard 350, I thought he was talking — I thought they were talking $350 million. And, by the way, that’s a nice-sized plant. Not the greatest, but not bad. And they said, “No, sir. It’s $350 billion.” I said, that is something.

Well, we have tremendous amounts of money, including my newfound friends from last night — great companies. They’re all investing. When one of the gentlemen said he’s putting in $2 billion because of the tax cuts, I said to myself, “Wow, he’s actually the cheap one in the group” — because they’re putting in massive numbers of billions of dollars.

{snip}

END

2:30 P.M. CET

I'll believe it when I see it.

[bluedye33139]

1. Was everyone interested in the tax cut nonsense? I doubt it.

Does he even know where he is?

[secondwind]

2. He is ALWAYS talking about money. So crass, so embarrassing!!

[mahatmakanejeeves]

3. In his defense (not really), it is the World Economic Forum. NT

[Marcuse]

4. He believes in trickle down and not in climate change.

[Moral Compass]

5. Simplistic nonsense

The first part is complete bullshit.

The part on the stock market sounds great to the fantastically wealthy. They can make serious money with their huge investments.

If your investment in stocks is in your 401K (or your 409K according to the orange maggot) you’re probably like me...little of this market run up is getting to it.

One of my accounts is close to flatlining and the other is going up and down in a narrow range. In both cases, the gains are modest and sometimes ephemeral.

I’m up, but not by all that much.

My big gains were during the Obama years.

[marble falls]

6. Don't anybody hold their breath.

[KPN]

7. He sounds like a MORON. Nothing's changed or new. nt

[mahatmakanejeeves]

8. By the way, it really does say "Issued on: January 26, 2018."

I guess they just cut and pasted the boilerplate from the article about Trump's previous trip to Davos.

[kimbutgar]

9. He is such an embarrassment to our country

I am ashamed everyday he is president.