Trump Celebrates His Economic Policies During A Pennsylvania Rally: ’They Can’t Believe It’

2 days ago

During Friday’s rally in West Mifflin, PA, President Trump spoke about the effects of his economic policies.

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Transcript

00:00Since my election, we've created nearly half a million new jobs, including 10,000 manufacturing

00:12jobs, and those numbers are going through the roof. We're going to have close to $11 trillion

00:19invested in new investments in the United States, and you can look at other years. There's never

00:25been anything like that. And by the way, that's essentially in two months, not four months,

00:30because it took me a little time to get acclimated. But over the last two, two and a half months,

00:36we're over $11 trillion is going to be coming. Apple is spending $500 billion to invest in America,

00:44not in China. NVIDIA, $500 billion. TSMC, if you look at this one, TSMC, and this is a company

00:55the biggest in the world for chips, $200 billion at least. Amazon, $4 billion. Johnson and Johnson,

01:03$55 billion. Merck, Stellantis, General Motors are putting in billions and billions of dollars.

01:11We have it all done. It's going to be all with very little inflation. In fact, it was 2.1% in April,

01:18way down. You went through inflation that was probably the greatest inflation in the history

01:25of our country over the last four years. And now we have it down to around 2%. Grocery prices are down.

01:32Mortgage rates are down. Energy prices are down. And gasoline prices over Memorial Day weekend were

01:39the lowest they have been since 2003. Think of that. In fact, in a couple of states, gasoline,

01:49$1.98 a gallon. When have you heard that number lately? Income soared in April, up 0.8%, almost triple

01:59expectations. And we achieved the largest drop in consumer prices and the largest increase in consumer

02:06confidence since the pandemic and actually probably about 20 years before the pandemic. Last month,

02:14we also cut the trade deficit in half. And that's the story of today. They can't believe it. The numbers

02:20just came. We cut, before we even get started, actually, we cut it in half, the trade deficit.

Trump Celebrates His Economic Policies During A Pennsylvania Rally: ’They Can’t Believe It’

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