US witnessing economic boom never seen before: Trump at Davos

Davos: Addressing the World Economic Forum (WEF) summit here, US President Donald Trump said on Tuesday that America is in the midst of an economic boom that has never been seen before anywhere in the world.

According to President Trump, 11 million jobs have been gained by America since his election and the average unemployment rate is the lowest for the tenure of any US President in history.

“The American dream is back and it’s better than ever and there is no one better than the American middle class today,” Trump told the gathering.

Since Trump last addressed Davos two years ago, the US has enjoyed the “great American comeback” that he had predicted.

“Today I am proud to declare that the United States is in the midst of an economic boom the like of which has never been seen before,” said the President.

Trump also boasted about US trade with China under new negotiated terms and hoped to have a mutually beneficial deal with the UK under its recently-elected Prime Minister Boris Johnson.

Trump tweeted earlier: “Heading to Davos, Switzerland, to meet with World and Business Leaders and bring Good Policy and additional Hundreds of Billions of Dollars back to the United States of America! We are now NUMBER ONE in the Universe, by FAR!!” Two years ago here in Davos, Trump had said, “I will always put America First … But America First does not mean America alone.”

Trump also slammed the “perennial prophets of doom” during his address.

Taking an oblique dig at 17-year-old environmental activist Greta Thunberg who was sitting among the audience, Trump in his keynote address said, “This is a time for optimism, and we must reject the perennial prophets of doom and their predictions of apocalypse… they predicted overpopulation and the end of oil. We will never let radical socialists destroy our economy.”

The US, however, will join the one trillion trees initiative, he said. Trump also pointed out that the US now has the cleanest drinking water in the last 40 years.

Just ahead of Trump’s speech, the WEF played a video on climate change, refugees and Middle East peace – all issues on which the US President has courted several controversies.

Facing an impeachment trial over allegations of seeking Ukrainian influence in the 2020 presidential election back home, the US President bragged, “This is a blue collar boom, the American dream is back bigger, better and stronger than ever before. Women now comprised a majority of the US workforce and workers’ wages are rising more than managers.” 12,000 new factories have opened and big businesses have come back to the US, he added.

Image courtesy of IANS

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