00:01Well thank you very much Larry it's great to be back in beautiful Davos Switzerland and to address so many
00:10respected business leaders so many friends few enemies and all of the distinguished guests it's a who's who I will
00:21say 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
00:38economy is booming growth is exploding productivity is surging investment is soaring incomes are rising inflation has been defeated our
00:51previously 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
01:07under the Biden administration America was plagued by the nightmare of stagflation meaning low growth and high inflation a recipe
01:18for misery failure and decline
01:20but now after just one year of my policies we are witnessing the exact opposite virtually no inflation and extraordinarily
01:30high economic growth growth like I believe you'll see very shortly a country has never seen before perhaps no country
01:40has ever seen before
01:41we are seeing a country's history under the past
01:41we are seeing a country in particular
01:42we are seeing a country in a pandemic inき Elsie communities.
01:42Why are you saving a country for the US Pelosi?
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