President Donald Trump touted his administration’s economic record Tuesday, in an address at the opening of the World Economic Forum in Davos, Switzerland.
Hailing a growing economy he described as a boom for blue-collar workers, Trump declared that the “American dream is back, bigger and better than before.”
“We’ve gained 7 million jobs since I took over,” Trump said, citing increased job market participation rates for minority groups and women.
“Sixty-thousand factories were lost under the last administration, and we’ve gained 12,000 on my watch.”
“Tremendous wealth is pouring into areas that for 100 years saw nothing. There is no better place on earth than the United States.”
“I hold up the American model as an example to the world,” Trump continued, calling his administration “pro-worker, pro-citizen, and pro-family,” noting the doubling of the child tax credit under his tenure.
Trump said the economy had performed well during his three years in office “despite” the actions of the US Federal Reserve Bank, which he chided for raising “rates too fast”.