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.
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