Donald Trump’s Major Address on the Economy Earning High Marks!

On Monday, Donald Trump delivered an important address on America’s economic future. You can see the story and Mr. Trump’s full speech, here.

Thus far the early returns on GOP presidential candidate Donald Trump’s economy-focused speech from Detroit, Michigan seems to be earning the candidate some high marks.

During the speech Mr. Trump painted his opponent, Hillary Clinton, as a candidate from the past whose ideas are better left in history’s dustbin. He also defended several conservative economic approaches while promising to reinvigorate the American economy. Mr. Trump reminded the nation that many of Clinton’s ideas are the very same policies that have gotten us into so much trouble.

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CNBC’s John Harwood said the speech wasn’t about taxes, but that it was a “vision” speech. Highlighting the enormous difference in the two major candidates economic vision for America.


The Wall Street Journal’s Dan Henninger thought that the speech was “excellent,” and that Mr. Trump’s task was to now “stay on message.”

I thought on balance it was an excellent speech. Look at the two things that people have most on their minds. The primary exit polls showed that people have most anxiety –on the Democrat and Republican sides– about the economy. Another thing that has come out of the polls is that between 60-70% of the American people think the country is on the wrong track. As a political matter, Trump’s speech addressed both of those issues, by linking Hillary Clinton to Barack Obama and the economic policies of the past, making people feel anxious. And then proposing a fairly detailed agenda going foward, and as he says, that one great phrase: Make America Great Again.

Instinctively that is a lot of what voters want to do, he has finally given them a path forward to that goal…

I think this was the first important step in a big uphill comeback for Donald Trump. The question now is whether he will stay on message, whether he can go around the country basically repeating this message, giving people some hope and some details of his economic plan… These are things that will appeal to families, to small businessmen and to corporate types.


Her are a few of the relevant portions of Mr. Trump’s speech (you can see the full speech here):

On the failed policies of the Obama/Clinton economic schemes.

The Obama-Clinton agenda of tax, spend and regulate has created a silent nation of jobless Americans. Home ownership is at its lowest rate in 51 years. Nearly 12 million have been added to the food stamp rolls since President Obama took office. Another nearly 7 million Americans were added to the ranks of those in poverty. We have the lowest labor force participation rates in four decades. 58 percent of African-American youth are either outside the labor force or not employed. 1 in 5 American households do not have a single member in the labor force. These are the real unemployment numbers – the five percent figure is one of the biggest hoaxes in modern American politics.


On “Jumpstarting” the American Economy.


On putting new American metal into the “spine of this nation.”

Detroit – the Motor City – will come roaring back. We will offer a new future, not the same old failed policies of the past. Our party has chosen to make new history by selecting a nominee from outside the rigged and corrupt system. The other party has reached backwards into the past to choose a nominee from yesterday – who offers only the rhetoric of yesterday, and the policies of yesterday. There will be no change under Hillary Clinton – only four more years of Obama. But we are going to look boldly into the future. We will build the next generation of roads, bridges, railways, tunnels, sea ports and airports that our country deserves. American cars will travel the roads, American planes will connect our cities, and American ships will patrol the seas. American steel will send new skyscrapers soaring. We will put new American metal into the spine of this nation. It will be American hands that rebuild this country, and it will be American energy – mined from American sources – that powers this country. It will be American workers who are hired to do the job. Americanism, not globalism, will be our new credo. Our country will reach amazing new heights. All we have to do is stop relying on the tired voices of the past. We can’t fix a rigged system by relying on the people who rigged it in the first place.

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