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Trump and Ivanka's Remarks at the American Workforce Policy Advisory Board Meeting; June 26, 2020
Last edited Sun Jun 28, 2020, 06:01 AM - Edit history (3)
REMARKS
Remarks by President Trump at the American Workforce Policy Advisory Board Meeting
ECONOMY & JOBS
Issued on: June 26, 2020
East Room
2:55 P.M. EDT
THE PRESIDENT: Nice to see you. Thank you very much. Busy time.
MS. TRUMP: Absolutely.
THE PRESIDENT: We’re making a lot of progress with the whole situation that came in from a place called China, as you probably know. You probably see. But we have a little work to do, and we’ll get it done. We’re having some very good numbers coming out in terms of the comeback — the comeback of our nation. And I think it’s going very rapidly and it’s going to be very good. But right now, we’re in that process of building.
And it’s an honor that you’re with us today. We very much appreciate it. I’m delighted to welcome members of the Workforce Policy Advisory Board. And I want to thank Ivanka; she works very hard on this board. She works very hard to get jobs. And it’s “Made in the USA” and jobs in the USA.
{snip}
Together we built the greatest economy in history — and, literally, in the history of the world. Greatest we’ve ever had. The greatest the world has ever seen. And now we have to bring it back because we had to close in order to save millions of lives. We added 2.5 million jobs last month, which was incredible. A number — the largest monthly increase in history and more than double the previous record.
So we’re bringing it back. We had the greatest ever and we had to close it, and now we bring it back. And we start off with 2.5 million jobs in one month; I would say that’s pretty good, Marillyn. Right? That’s the highest ever done.
And then likewise, retail sales surged by nearly 18 percent last month. That was the biggest jump ever recorded. So that’s great.
The stock market is seeing you go back a week — one week. It’s the — saw the best 50 days in its history — best 50-day increase in the history of the stock markets.
{snip}
Thank you very much. Ivanka.
MS. TRUMP: Thank you, Mr. President. It’s an honor to have you here. We just convened our sixth meeting of our Workforce Advisory Board, and we got an update on the team’s response to your bold call to action.
{snip}
So, thank you for today. And it’s a pleasure to have you join us.
THE PRESIDENT: Great. Thank you very much, honey. Great job. It really has been. It’s been a labor of love.
MS. TRUMP: That’s true.
THE PRESIDENT: And Ivanka loves helping people. That’s a wonderful thing.
{snip}
MR. THRUN: It’s a great honor to meet you. And I want to thank you for keeping us safe and moving us forward. This has been, of course, a vital time for all of us with over 30 million unemployed. It’s our chance to really redefine how education looks like and move into a world where people learn lifelong, have lifelong access, and unfold their livelihoods.
Ivanka was, of course, the visionary behind all of this. And thank you for doing this. I mentioned Tony Boswell — a truck driver who was driving trucks for 10 years, and then his truck broke down, and he couldn’t finance the new engine that he needed. He was unemployed, had no income, no education, and came across, by randomness, a Google scholarship that Udacity launched. And then, in 10 months’ time, was able to become a software engineer.
{snip}
MS. ROMETTY: Yes. Well, first, Mr. President, thank you for your leadership during this time.
THE PRESIDENT: Thank you. Thank you very much.
{snip}
GOVERNOR HOLCOMB: Well, I’ll just add my appreciation. I mean, what you’re doing today is leveling the playing field. And there’s been a lot of people, a lot of have-nots that will have an opportunity to join the haves. And to — to do it during a time of such challenge, but to recognize the opportunity that’s here, and to do it now — there couldn’t be a more important time.
So appreciate everyone’s effort around this table and your leadership on this front.
THE PRESIDENT: And Indiana is doing very well. I’m hearing good things.
{snip}
GOVERNOR REYNOLDS: Well, thank you, Mr. President. And what I so appreciate about your administration is it’s really an administration of action. You identified barriers and gaps, and then you helped bring the right people together to find the solutions and enact those. So thank you very much.
It’s been an honor to be a part of this advisory board. I appreciate how, with the leadership of Ivanka and Secretary Ross, we really have identified the various elements, connected those elements — whether it’s been consistent data, definition, goals, and messaging. And I look forward to really amplifying that in the state of Iowa.
{snip}
THE PRESIDENT: It’s going to be an amazing year.
Larry, would you like to say something?
MR. KUDLOW: Yeah. Thanks, sir. I spoke just before you came, but I’ll just repeat the “V” shaped recovery. Virtually every number is showing a “V” shaped recovery now — private surveys, government statistics, restaurants, home builders, truckers, durable goods makers, Apple mobility and travel, gasoline demand.
As you said, the jobs went up really about 3 million in May. We had tremendous retail sales. Actually, today, in the income report, we had tremendous consumer spending: 8 percent at an annual rate for one month. It’s a great story.
THE PRESIDENT: That’s a great number. Yeah.
MR. KUDLOW: And I still think we’ll get 20 percent in the second half of the year. And if we get another 5 percent in the first quarter of next year, we will be right back to the peak in 2019, where you got us the first time with the growth policies.
And I just want to say: Ivanka, I gave you a big pitch, gave you — did the best I could. Private sector reskilling and retraining — and not only will people come back to the labor force when they’re reskilled; they’ll come back with higher wages, and they’ll come back with more confidence, and it’ll make a huge difference as it already has.
And so I’ve added you to the four pillars of growth. The President —
THE PRESIDENT: Good.
MR. KUDLOW: Tax cuts —
THE PRESIDENT: Good taste.
MR. KUDLOW: — deregulation, energy unleashing, fair trade deals, and private-sector-led reskilling. How’s that, sir?
{snip}
THE PRESIDENT: Wilbur, would you like to say something?
SECRETARY ROSS: Yes, Mr. President. Thank you for the opportunity to help Ivanka and the others on this group.
{snip}
THE PRESIDENT: Thank you very much. Thank you.
Gene, please.
SECRETARY SCALIA: Thank you, Mr. President. And you mentioned the three and a half percent unemployment rate just a few months ago. You did so many things for the American worker during those three years.
You know, back in the summer of 2016, the Congressional Budget Office said that we’d be at 5 percent unemployment in February. They said that, between then and February 2020, they said we’d create 1.9 million jobs; we created 7 million jobs.
So Larry touched on it. It was — it was policies of tax cuts, of deregulation that brought us there, which was just a wonderful thing for the American worker as jobs were being created and wages were rising.
But there was other work going on. And what you see today is a manifestation of other things that were being done that are now going to have their day to really help workers. We — we are coming back. Larry has mentioned some of the numbers. But we know that the training will be important, and we’re fortunate that this really, very extraordinary group — and as Secretary Ross has said, a group that really generated valuable product — they were working quietly to help train American workers.
I spoke earlier about a new apprenticeship rule that we adopted at the Labor Department that I think will be very helpful. This will be an important part of the rebound.
THE PRESIDENT: Thank you, Gene, very much. Appreciate it.
{snip}
MS. ROLLINS: Mr. President, I just want to say, as your Domestic Policy Chief, what an extraordinary today — day today is, and here’s why: It’s not just the work of this council and the leadership of Ivanka, it is the executive order that you are about to sign that completely resets the playing field.
{snip}
Congratulations and thank you for your leadership. It’s extraordinary.
THE PRESIDENT: Thank you. Thank you very much. Anybody? Jovita.
ADMINISTRATOR CARRANZA: Yes, President Trump, thank you very much for your strong leadership.
{snip}
SECRETARY DEVOS: I just appreciate your unrelenting focus on creating opportunity for all Americans, and that begins with opportunities in education. And I so appreciate your leadership there. And it’s been a privilege to be part of this, Ivanka. And, Secretary Ross, thank you for your work here.
We are privileged to carry out your vision in policy and action, as Governor Reynolds said. And thank you for your leadership.
{snip}
MR. PULSIPHER: And so it just creates much more of an equitable — equitable pathway. And WGU, as a competency-based education provider, has always been focused on how do you articulate the outcomes of achieving a degree in a skills and competency-based way so it’s much more aligned with the future of work. And so it is truly that tide that lifts all boats.
So, this is a huge step in the right direction. So, thank you very much.
THE PRESIDENT: I agree with you 100 percent, I must say. I do.
Okay? Why don’t we sign? And this is a big deal. Congratulations to everybody in the room. This means a lot.
{snip}
Well, thank you all very much. We appreciate it. This is really an important day for a lot of reasons. But this is one of them. Thank you all for being with us. We appreciate it very much. Thank you very much.
END 3:20 P.M. EDT
Remarks by President Trump at the American Workforce Policy Advisory Board Meeting
ECONOMY & JOBS
Issued on: June 26, 2020
East Room
2:55 P.M. EDT
THE PRESIDENT: Nice to see you. Thank you very much. Busy time.
MS. TRUMP: Absolutely.
THE PRESIDENT: We’re making a lot of progress with the whole situation that came in from a place called China, as you probably know. You probably see. But we have a little work to do, and we’ll get it done. We’re having some very good numbers coming out in terms of the comeback — the comeback of our nation. And I think it’s going very rapidly and it’s going to be very good. But right now, we’re in that process of building.
And it’s an honor that you’re with us today. We very much appreciate it. I’m delighted to welcome members of the Workforce Policy Advisory Board. And I want to thank Ivanka; she works very hard on this board. She works very hard to get jobs. And it’s “Made in the USA” and jobs in the USA.
{snip}
Together we built the greatest economy in history — and, literally, in the history of the world. Greatest we’ve ever had. The greatest the world has ever seen. And now we have to bring it back because we had to close in order to save millions of lives. We added 2.5 million jobs last month, which was incredible. A number — the largest monthly increase in history and more than double the previous record.
So we’re bringing it back. We had the greatest ever and we had to close it, and now we bring it back. And we start off with 2.5 million jobs in one month; I would say that’s pretty good, Marillyn. Right? That’s the highest ever done.
And then likewise, retail sales surged by nearly 18 percent last month. That was the biggest jump ever recorded. So that’s great.
The stock market is seeing you go back a week — one week. It’s the — saw the best 50 days in its history — best 50-day increase in the history of the stock markets.
{snip}
Thank you very much. Ivanka.
MS. TRUMP: Thank you, Mr. President. It’s an honor to have you here. We just convened our sixth meeting of our Workforce Advisory Board, and we got an update on the team’s response to your bold call to action.
{snip}
So, thank you for today. And it’s a pleasure to have you join us.
THE PRESIDENT: Great. Thank you very much, honey. Great job. It really has been. It’s been a labor of love.
MS. TRUMP: That’s true.
THE PRESIDENT: And Ivanka loves helping people. That’s a wonderful thing.
{snip}
MR. THRUN: It’s a great honor to meet you. And I want to thank you for keeping us safe and moving us forward. This has been, of course, a vital time for all of us with over 30 million unemployed. It’s our chance to really redefine how education looks like and move into a world where people learn lifelong, have lifelong access, and unfold their livelihoods.
Ivanka was, of course, the visionary behind all of this. And thank you for doing this. I mentioned Tony Boswell — a truck driver who was driving trucks for 10 years, and then his truck broke down, and he couldn’t finance the new engine that he needed. He was unemployed, had no income, no education, and came across, by randomness, a Google scholarship that Udacity launched. And then, in 10 months’ time, was able to become a software engineer.
{snip}
MS. ROMETTY: Yes. Well, first, Mr. President, thank you for your leadership during this time.
THE PRESIDENT: Thank you. Thank you very much.
{snip}
GOVERNOR HOLCOMB: Well, I’ll just add my appreciation. I mean, what you’re doing today is leveling the playing field. And there’s been a lot of people, a lot of have-nots that will have an opportunity to join the haves. And to — to do it during a time of such challenge, but to recognize the opportunity that’s here, and to do it now — there couldn’t be a more important time.
So appreciate everyone’s effort around this table and your leadership on this front.
THE PRESIDENT: And Indiana is doing very well. I’m hearing good things.
{snip}
GOVERNOR REYNOLDS: Well, thank you, Mr. President. And what I so appreciate about your administration is it’s really an administration of action. You identified barriers and gaps, and then you helped bring the right people together to find the solutions and enact those. So thank you very much.
It’s been an honor to be a part of this advisory board. I appreciate how, with the leadership of Ivanka and Secretary Ross, we really have identified the various elements, connected those elements — whether it’s been consistent data, definition, goals, and messaging. And I look forward to really amplifying that in the state of Iowa.
{snip}
THE PRESIDENT: It’s going to be an amazing year.
Larry, would you like to say something?
MR. KUDLOW: Yeah. Thanks, sir. I spoke just before you came, but I’ll just repeat the “V” shaped recovery. Virtually every number is showing a “V” shaped recovery now — private surveys, government statistics, restaurants, home builders, truckers, durable goods makers, Apple mobility and travel, gasoline demand.
As you said, the jobs went up really about 3 million in May. We had tremendous retail sales. Actually, today, in the income report, we had tremendous consumer spending: 8 percent at an annual rate for one month. It’s a great story.
THE PRESIDENT: That’s a great number. Yeah.
MR. KUDLOW: And I still think we’ll get 20 percent in the second half of the year. And if we get another 5 percent in the first quarter of next year, we will be right back to the peak in 2019, where you got us the first time with the growth policies.
And I just want to say: Ivanka, I gave you a big pitch, gave you — did the best I could. Private sector reskilling and retraining — and not only will people come back to the labor force when they’re reskilled; they’ll come back with higher wages, and they’ll come back with more confidence, and it’ll make a huge difference as it already has.
And so I’ve added you to the four pillars of growth. The President —
THE PRESIDENT: Good.
MR. KUDLOW: Tax cuts —
THE PRESIDENT: Good taste.
MR. KUDLOW: — deregulation, energy unleashing, fair trade deals, and private-sector-led reskilling. How’s that, sir?
{snip}
THE PRESIDENT: Wilbur, would you like to say something?
SECRETARY ROSS: Yes, Mr. President. Thank you for the opportunity to help Ivanka and the others on this group.
{snip}
THE PRESIDENT: Thank you very much. Thank you.
Gene, please.
SECRETARY SCALIA: Thank you, Mr. President. And you mentioned the three and a half percent unemployment rate just a few months ago. You did so many things for the American worker during those three years.
You know, back in the summer of 2016, the Congressional Budget Office said that we’d be at 5 percent unemployment in February. They said that, between then and February 2020, they said we’d create 1.9 million jobs; we created 7 million jobs.
So Larry touched on it. It was — it was policies of tax cuts, of deregulation that brought us there, which was just a wonderful thing for the American worker as jobs were being created and wages were rising.
But there was other work going on. And what you see today is a manifestation of other things that were being done that are now going to have their day to really help workers. We — we are coming back. Larry has mentioned some of the numbers. But we know that the training will be important, and we’re fortunate that this really, very extraordinary group — and as Secretary Ross has said, a group that really generated valuable product — they were working quietly to help train American workers.
I spoke earlier about a new apprenticeship rule that we adopted at the Labor Department that I think will be very helpful. This will be an important part of the rebound.
THE PRESIDENT: Thank you, Gene, very much. Appreciate it.
{snip}
MS. ROLLINS: Mr. President, I just want to say, as your Domestic Policy Chief, what an extraordinary today — day today is, and here’s why: It’s not just the work of this council and the leadership of Ivanka, it is the executive order that you are about to sign that completely resets the playing field.
{snip}
Congratulations and thank you for your leadership. It’s extraordinary.
THE PRESIDENT: Thank you. Thank you very much. Anybody? Jovita.
ADMINISTRATOR CARRANZA: Yes, President Trump, thank you very much for your strong leadership.
{snip}
SECRETARY DEVOS: I just appreciate your unrelenting focus on creating opportunity for all Americans, and that begins with opportunities in education. And I so appreciate your leadership there. And it’s been a privilege to be part of this, Ivanka. And, Secretary Ross, thank you for your work here.
We are privileged to carry out your vision in policy and action, as Governor Reynolds said. And thank you for your leadership.
{snip}
MR. PULSIPHER: And so it just creates much more of an equitable — equitable pathway. And WGU, as a competency-based education provider, has always been focused on how do you articulate the outcomes of achieving a degree in a skills and competency-based way so it’s much more aligned with the future of work. And so it is truly that tide that lifts all boats.
So, this is a huge step in the right direction. So, thank you very much.
THE PRESIDENT: I agree with you 100 percent, I must say. I do.
Okay? Why don’t we sign? And this is a big deal. Congratulations to everybody in the room. This means a lot.
{snip}
Well, thank you all very much. We appreciate it. This is really an important day for a lot of reasons. But this is one of them. Thank you all for being with us. We appreciate it very much. Thank you very much.
END 3:20 P.M. EDT
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Thank you Thank you Thank you Thank you Thank you (how many times this was used at this "meeting"
