America entering golden age: Trump

Look at the stock market, every day it’s hitting a new high. We have more people working today than any time in the history of our country. 

Donald Trump

US President

Washington: President Donald Trump said the US had entered a “golden age”, citing lower oil prices, record investment and a strong labour market as signs of economic momentum.

Speaking at the dedication of the Theodore Roosevelt Presidential Library in Medora, North Dakota, Trump said falling energy prices would benefit consumers and businesses, while the US was attracting unpre­cedented investment. “We have more money being inve­sted in the United States of America by other countries and people than ever before by many, many times over.”

Trump also highlighted record stock market gains and employment. He said the administration inherited high inflation but claimed prices were easing.

“We inherited a tremendous inflation problem from Biden,” Trump said. “Those prices are all coming down.”

Calling it “just the beginning of the golden age of America”, Trump said: “I beli­eve the best is yet to come.”

The remarks came during a speech on Theodore Roose­velt’s legacy, but Trump repeatedly returned to his administration’s economic ag­e­nda, saying lower energy pri­ces, investment and job creation reflected renewed con­fidence in the US economy.

Cuba policy shift

Trump also hinted at a possible shift in US policy towards Cuba but gave no details. “Spe­aking of Cuba, after many, many decades, it’s com­ing our way, coming our way,” he said. Trump did not expl­ain the remark or announce any policy changes.

–IANS