00:00Well thank you very much Larry it's great to be back in beautiful Davos Switzerland and to address so many respected business leaders so many friends few enemies and all of the distinguished guests it's a who's who I will say that I've come to this year's world economic forum with truly phenomenal news from America
00:30yesterday marked the one year anniversary of my inauguration and today after 12 months back in the White House our economy is booming growth is exploding productivity is surging investment is soaring incomes are rising inflation has been defeated our previously open and dangerous border is closed and virtually impenetrable
00:58and the United States is in the midst of the fastest and most dramatic economic turnaround in our country's history under the Biden administration America was plagued by the nightmare of stagflation meaning low growth and high inflation a recipe for misery failure and decline
01:28inflation and extraordinarily high economic growth growth like I believe you'll see very shortly our country has never seen before perhaps no country has ever seen before
