It was a shot heard around the world when President Trump told the group of international elites at their annual meeting in Switzerland how things would be with him back in charge. It will be an “America First” agenda, a drastic departure from the days of ex-President Joe Biden, who Trump said let the other countries of the world “rip us off.”
Appearing through a video feed, Trump addressed the World Economic Forum, a group of global leaders from business, government, academia, and civil society that has gathered each year since 1971 to assert themselves over global issues. According to their detractors, the main focus of the elitists is to continue the immense gravy train of money flowing to them from the American taxpayers.
As opposed to Biden, who coddled the organization, Trump dropped jaws when he told them: “My administration is acting with unprecedented speed to fix the disasters we’ve inherited from a totally inept group of people and to solve every single crisis facing our country.”
He opened by reminding the forum of the breadth of his November victory, winning the popular vote and the Electoral College in a historic landslide. “What the world has witnessed in the past 72 hours is nothing less than a revolution of common sense,” he said. “Our country will soon be stronger, wealthier, and more united than ever before, and the entire planet will be more peaceful and prosperous as a result of this incredible momentum and what we’re doing and going to do.”
This begins, Trump continued, by confronting the economic chaos caused by the failed policies of the last administration. “Over the past four years, our government racked up $8 trillion in wasteful deficit spending and inflicted nation-wrecking energy restrictions, crippling regulations, and hidden taxes like never before. The result is the worst inflation crisis in modern history and sky-high interest rates for our citizens and even throughout the world. Food prices and the price of almost every other thing known to mankind went through the roof.”
According to Trump, Biden lost control of what was going on in the country, particularly with the high-inflation economy and the border. “Because of these ruinous policies, total government spending this year is $1.5 trillion higher than was projected to occur when I left office just four years ago. Likewise, the cost of servicing the debt is more than 230% higher than was projected in 2020.”
The inflation rate Trump inherited remains 50 percent higher than the historic target, probably the highest in the country's history. “That’s why, from the moment I took office, I’ve taken rapid action to reverse each and every one of these radical left policies that created this calamity—in particular, with immigration, crime, and inflation.” On day one, Trump imposed freezes on federal hiring, regulations, and foreign aid, and created a new Department of Government Efficiency to wring savings from the Washington bureaucracy.
The 47th President boasted of terminating the “ridiculous and incredibly wasteful” Green New Deal, which he calls the “Green New Scam.” He blew international minds when he informed them of America’s withdrawal from the “one-sided” Paris Climate Accord and ended the “insane and costly” electric vehicle mandate. He declared a national energy emergency to “unlock the liquid gold under our feet and pave the way for rapid approvals of new energy infrastructure.” He reiterated that the United States has the largest oil and gas reserves of any country on Earth, “and we’re going to use it.” This, he promised, will not only reduce the cost of virtually all goods and services, it will make the United States a manufacturing superpower and the world capital of artificial intelligence and crypto.
The President calculated that the Biden administration imposed $50,000 in additional regulatory costs on the average American household over the last four years and promised to eliminate 10 old regulations for every new one, “which will soon put many thousands of dollars back in the pockets of American families.” He also promised to pass the largest tax cut in American history, including massive tax cuts for workers and families and big tax cuts for domestic producers and manufacturers.
“My message to every business in the world is very simple: Come make your product in America, and we will give you among the lowest taxes of any nation on Earth,” Trump declared. “We’re bringing them down very substantially, even from the original Trump tax cuts. But if you don’t make your product in America, which is your prerogative, then, very simply, you will have to pay a tariff.” This will direct hundreds of billions of dollars and even trillions of dollars into the U.S. Treasury to strengthen the economy and pay down debt, he predicted.
Trump bragged that after his election, small-business optimism skyrocketed by 41 points in a single month, the highest ever. He announced an investment in the U.S. economy of up to $200 billion by SoftBank, a $500 billion Stargate deal by the bank with Oracle and OpenAI, and a $600 billion pledge by Saudi Arabia that he asked the Crown Prince to round up to an even $1 trillion. He’s also pushing the Saudis and OPEC to reduce the price of oil to spur economic growth.
According to Trump, the Russia-Ukraine war would end immediately if the price of oil dropped. “Right now, the price is high enough so that the war will continue. You bring down the oil price; you’re going to end the war. They should have done it long ago. They’re very responsible, actually, to a certain extent, for what’s taking place—millions of lives are being lost.” With oil prices going down, Trump demanded that interest rates also drop.
To stem the flow of illegal immigrants into the country, Trump declared a national emergency and has begun deporting aliens, starting with those who have criminal records. He deployed active-duty U.S. military and National Guard troops to the border to assist in repelling the invasion. “We will not allow our territory to be violated,” he declared. “After four long years, the United States is strong and sovereign and a beautiful nation once again.”
Trump stressed that America is a free nation. “On day one, I signed an executive order to stop all government censorship. No longer will our government label the speech of our own citizens as misinformation or disinformation, which are the favorite words of censors and those who wish to stop the free exchange of ideas and, frankly, progress. We have saved free speech in America.”
On a subject close to his heart, Trump referenced a historic Executive Order ending the weaponization of law enforcement against the American people and, “frankly, against politicians, and restored the fair, equal, and impartial rule of law.” He took action to abolish all discriminatory diversity, equity, and inclusion rules, policies that were “absolute nonsense,” throughout the government and the private sector. With the recent Supreme Court decision, he said America will once again become a merit-based country. “You have to hear that word: merit-based country,” he exhorted the Davos crowd.
Adding icing to his anti-woke cake, Trump announced that the official policy of the United States recognizes only two genders, male and female, prohibits men in women’s sports and girls’ bathrooms, and bans transgender operations.
In another game-changing announcement, Trump said he will ask all NATO nations to increase defense spending from 2% of their GDP to 5%, “which is what it should have been years ago. I insisted that they pay, and they did, because the United States was really paying the difference at that time, and it was unfair to the United States.”
Before even taking office, Trump revealed that his team negotiated a ceasefire agreement in the Middle East, “which wouldn’t have happened without us, as I think most of the people in the room know.“ He noted that efforts to secure a peace settlement between Russia and Ukraine are underway, adding, “It’s so important to get that done. That is an absolute killing field. It’s time to end it.”