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Trump's Remarks During a Roundtable with Governors on the Reopening of America's Small Businesses
REMARKS
Remarks by President Trump During a Roundtable with Governors on the Reopening of Americas Small Businesses
ECONOMY & JOBS
Issued on: June 18, 2020
State Dining Room
3:32 P.M. EDT
THE PRESIDENT: Okay, thank you very much. Its an honor to see you all today on this beautiful afternoon White House.
Were here today to discuss our efforts to support our nations small businesses working very hard and safely reopen America. And thats whats happening. Were doing record numbers. Were doing numbers like nobody has ever seen before, actually.
Im thrilled to be joined by two good friends of mine: Governor Pete Ricketts of Nebraska Pete, thank you very much; and a man that Im going to see a little bit over the weekend and this was a really by coincidence that you happened to be here today because it was for a different reason that has to do with small business Governor Kevin Stitt of Oklahoma.
And were going to be in Oklahoma. And its a crowd like, I guess, nobodys seen before. We have tremendous, tremendous requests for tickets like, I think, probably has never happened politically before. And one of the reasons we chose your state, as you know, Kevin, was that youve done so so well with the COVID. Youve handled it incredibly well. We appreciate you both have, actually. You both have. So, congratulations.
{snip}
After I was elected President, our country added more than 7 million jobs, 12,000 factories, and trillions of dollars of wealth. We created nearly 9,000 Opportunity Zones. And African American, Asian American, and Hispanic American unemployment and poverty reached all-time lows.
We had the greatest employment numbers weve ever had, and then we had to turn it off. We saved millions of people by doing it. We did the right thing. And now were turning it back on, and the numbers are going up much, much faster than anybody would have thought. And thats a great honor to see it.
And these two governors, by the way, are doing a have done a fantastic job. Two very extraordinary men. Nebraska and Oklahoma.
We built the strongest economy the world has ever seen before the virus, and together were doing it again. So we did it before the virus. We had to turn it off. And now were doing it again, and thats whats happening.
So now Id like to maybe well start off with Governor Ricketts and then well get to my friend over here. Ill be seeing so much of you in the next couple of days, Ill take you second. (Laughter.) Okay?
Thank you very much. Please.
GOVERNOR RICKETTS: Well, thank you very much, Mr. President. And to all of your team here: We really appreciate your effort, your leadership, and that of your teams to be able to help us through this pandemic, and really give us the tools to be able to manage it. The PPP program you mentioned has been tremendously successful in Nebraska.
{snip}
Larry, how are we doing today?
MR. KUDLOW: Well, un- weekly unemployment claims fell for the 11th straight week. Thats a good sign.
Were going to have job numbers in June, and I think well be very strong. I agree with Steven; I think the rescue plan worked. I think the PPP was superhuman. It probably saved 55 million jobs. And we saw that with the 3 million dol- 3 million job increase in the May numbers.
I compiled my list of green shoots, sir. Weve got Apple mobility for traveling almost back to its pandemic pre-pandemic high; homebuilder demand and confidence is very, very strong; automobiles car sales are moving from 8.6 million to 12.2 million as the factories reopen; as you noted, the retail sales number was a spectacular 18 percent; Michigan Consumer Expectations, very strong today; NFIB Optimism Index, expect economy to improve a record jump expect economy to improve a record jump; and manufacturing, the Philly Fed and the New York Fed Future Activity Indexes are off the charts.
If I play reference to the Congressional Budget Office, if we get a 20 percent increase in Q3, which I think is quite possible; 20 percent increase in Q4; and a 5 percent increase in Q1, 2021; we will be back to where we were in 2019. We will have made up for the lost ground.
THE PRESIDENT: Amazing.
MR. KUDLOW: Its not going to take five years.
THE PRESIDENT: Thats amazing.
MR. KUDLOW: We will have made it up with some decent numbers by the first quarter of 2021.
THE PRESIDENT: Thats called a Super V, right?
MR. KUDLOW: Super V. I like the I scenario.
THE PRESIDENT: Its called a V- its called a V- plus. Well, thats where were headed.
But we were headed to great things, and then we got hit by the Chinese plague. So, you know, that happens too. And things happen that you dont expect sometimes. So but were we built it once. Were now building it again. And its going to be even more successful in my opinion.
Kayleigh, please.
MS. MCENANY: Yes, Mr. President. I would just note that the V is indeed an I, and youve described this economy like a rocket ship previously. And I think the numbers you laid out are worth reemphasizing, because its exactly that: 2.5 million jobs added, blowing past expect expectations. You had the experts off by about 10 million jobs. Thats quite an extraordinary number to be off by. Also the Dow above 26,000 points. You mentioned the NASDAQ setting the record. Seven million jobs. Nine thousand Opportunity Zones.
Youre the jobs President. You did this once. You brought 7 million jobs. And quite clearly, what the markets are saying is they have faith that you are the jobs President that will do this again.
THE PRESIDENT: So, most people have never built a positive economy. Were going to do it twice, and the second time is going to be better than the first, I think, Steve. We have a shot at it. Right? Okay, please. Go ahead.
{snip}
MS. BURSON:
{snip}
President Trump, Americas restaurant industry is grateful for your leadership in guiding us through this pandemic. Thank you again for inviting me to meet with you. And thank you, for Governor Stitt, for your leadership in getting Oklahomans back to work.
{snip}
MR. PATEL: Thank you, Mr. President. Honored to represent the lo- lodging industry before Americas first hotelier President. Grateful to Governor Stitt for his leadership and for the invitation to join today.
My name is Pete Patel, first-generation American. My family and I immigrated to the United States in 1979 in search of the American Dream. We found that American Dream in Tulsa, Oklahoma a small hotelier small business and hoteliers.
Our company owns and operates 12 hotels in eastern Oklahoma. The current crisis lodging was the first to suffer because of shelter-in-place, and we will be the last to recover. It may take up to two years.
Before COVID, our industry had record occupancies, profitability, and new development hotels, thanks to the exceptional strong economy under your leadership, Mr. President.
{snip}
In conclusion, Mr. President, Americas hoteliers are grateful for your leadership. Appreciate we appreciate and you know what its like to own and operate hotels. Were looking forward to working with you towards a swift and strong recovery.
{snip}
MS. ROLLINS:
{snip}
And thank you, Mr. President, for your leadership.
THE PRESIDENT: Thank you for doing a great job. Youre doing great.
MS. ROLLINS: Thank you.
THE PRESIDENT: Thank you very much. Okay, thank you all very much. Thank you. Thank you very much.
END
4:03 P.M. EDT
Remarks by President Trump During a Roundtable with Governors on the Reopening of Americas Small Businesses
ECONOMY & JOBS
Issued on: June 18, 2020
State Dining Room
3:32 P.M. EDT
THE PRESIDENT: Okay, thank you very much. Its an honor to see you all today on this beautiful afternoon White House.
Were here today to discuss our efforts to support our nations small businesses working very hard and safely reopen America. And thats whats happening. Were doing record numbers. Were doing numbers like nobody has ever seen before, actually.
Im thrilled to be joined by two good friends of mine: Governor Pete Ricketts of Nebraska Pete, thank you very much; and a man that Im going to see a little bit over the weekend and this was a really by coincidence that you happened to be here today because it was for a different reason that has to do with small business Governor Kevin Stitt of Oklahoma.
And were going to be in Oklahoma. And its a crowd like, I guess, nobodys seen before. We have tremendous, tremendous requests for tickets like, I think, probably has never happened politically before. And one of the reasons we chose your state, as you know, Kevin, was that youve done so so well with the COVID. Youve handled it incredibly well. We appreciate you both have, actually. You both have. So, congratulations.
{snip}
After I was elected President, our country added more than 7 million jobs, 12,000 factories, and trillions of dollars of wealth. We created nearly 9,000 Opportunity Zones. And African American, Asian American, and Hispanic American unemployment and poverty reached all-time lows.
We had the greatest employment numbers weve ever had, and then we had to turn it off. We saved millions of people by doing it. We did the right thing. And now were turning it back on, and the numbers are going up much, much faster than anybody would have thought. And thats a great honor to see it.
And these two governors, by the way, are doing a have done a fantastic job. Two very extraordinary men. Nebraska and Oklahoma.
We built the strongest economy the world has ever seen before the virus, and together were doing it again. So we did it before the virus. We had to turn it off. And now were doing it again, and thats whats happening.
So now Id like to maybe well start off with Governor Ricketts and then well get to my friend over here. Ill be seeing so much of you in the next couple of days, Ill take you second. (Laughter.) Okay?
Thank you very much. Please.
GOVERNOR RICKETTS: Well, thank you very much, Mr. President. And to all of your team here: We really appreciate your effort, your leadership, and that of your teams to be able to help us through this pandemic, and really give us the tools to be able to manage it. The PPP program you mentioned has been tremendously successful in Nebraska.
{snip}
Larry, how are we doing today?
MR. KUDLOW: Well, un- weekly unemployment claims fell for the 11th straight week. Thats a good sign.
Were going to have job numbers in June, and I think well be very strong. I agree with Steven; I think the rescue plan worked. I think the PPP was superhuman. It probably saved 55 million jobs. And we saw that with the 3 million dol- 3 million job increase in the May numbers.
I compiled my list of green shoots, sir. Weve got Apple mobility for traveling almost back to its pandemic pre-pandemic high; homebuilder demand and confidence is very, very strong; automobiles car sales are moving from 8.6 million to 12.2 million as the factories reopen; as you noted, the retail sales number was a spectacular 18 percent; Michigan Consumer Expectations, very strong today; NFIB Optimism Index, expect economy to improve a record jump expect economy to improve a record jump; and manufacturing, the Philly Fed and the New York Fed Future Activity Indexes are off the charts.
If I play reference to the Congressional Budget Office, if we get a 20 percent increase in Q3, which I think is quite possible; 20 percent increase in Q4; and a 5 percent increase in Q1, 2021; we will be back to where we were in 2019. We will have made up for the lost ground.
THE PRESIDENT: Amazing.
MR. KUDLOW: Its not going to take five years.
THE PRESIDENT: Thats amazing.
MR. KUDLOW: We will have made it up with some decent numbers by the first quarter of 2021.
THE PRESIDENT: Thats called a Super V, right?
MR. KUDLOW: Super V. I like the I scenario.
THE PRESIDENT: Its called a V- its called a V- plus. Well, thats where were headed.
But we were headed to great things, and then we got hit by the Chinese plague. So, you know, that happens too. And things happen that you dont expect sometimes. So but were we built it once. Were now building it again. And its going to be even more successful in my opinion.
Kayleigh, please.
MS. MCENANY: Yes, Mr. President. I would just note that the V is indeed an I, and youve described this economy like a rocket ship previously. And I think the numbers you laid out are worth reemphasizing, because its exactly that: 2.5 million jobs added, blowing past expect expectations. You had the experts off by about 10 million jobs. Thats quite an extraordinary number to be off by. Also the Dow above 26,000 points. You mentioned the NASDAQ setting the record. Seven million jobs. Nine thousand Opportunity Zones.
Youre the jobs President. You did this once. You brought 7 million jobs. And quite clearly, what the markets are saying is they have faith that you are the jobs President that will do this again.
THE PRESIDENT: So, most people have never built a positive economy. Were going to do it twice, and the second time is going to be better than the first, I think, Steve. We have a shot at it. Right? Okay, please. Go ahead.
{snip}
MS. BURSON:
{snip}
President Trump, Americas restaurant industry is grateful for your leadership in guiding us through this pandemic. Thank you again for inviting me to meet with you. And thank you, for Governor Stitt, for your leadership in getting Oklahomans back to work.
{snip}
MR. PATEL: Thank you, Mr. President. Honored to represent the lo- lodging industry before Americas first hotelier President. Grateful to Governor Stitt for his leadership and for the invitation to join today.
My name is Pete Patel, first-generation American. My family and I immigrated to the United States in 1979 in search of the American Dream. We found that American Dream in Tulsa, Oklahoma a small hotelier small business and hoteliers.
Our company owns and operates 12 hotels in eastern Oklahoma. The current crisis lodging was the first to suffer because of shelter-in-place, and we will be the last to recover. It may take up to two years.
Before COVID, our industry had record occupancies, profitability, and new development hotels, thanks to the exceptional strong economy under your leadership, Mr. President.
{snip}
In conclusion, Mr. President, Americas hoteliers are grateful for your leadership. Appreciate we appreciate and you know what its like to own and operate hotels. Were looking forward to working with you towards a swift and strong recovery.
{snip}
MS. ROLLINS:
{snip}
And thank you, Mr. President, for your leadership.
THE PRESIDENT: Thank you for doing a great job. Youre doing great.
MS. ROLLINS: Thank you.
THE PRESIDENT: Thank you very much. Okay, thank you all very much. Thank you. Thank you very much.
END
4:03 P.M. EDT
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Trump's Remarks During a Roundtable with Governors on the Reopening of America's Small Businesses (Original Post)
mahatmakanejeeves
Jun 2020
OP
How many times did someone thank or praise President Obama "for your leadership"?
LastLiberal in PalmSprings
Jun 2020
#2
captain queeg
(10,242 posts)1. So much ass kissing. It's really disgusting.
Tremendous ticket sales, like no one has ever seen before. Nothing against the city of Tulsa, but I really doubt the ticket sales are like no one has ever seen before.
LastLiberal in PalmSprings
(12,592 posts)2. How many times did someone thank or praise President Obama "for your leadership"?
Whenever I hear about one of Trump's "Praise Me!" fests, I am reminded of this scene from "Bedazzled" (the 1967 version, with Raquel Welch playing Lust). In it Lucifer (Peter Cook) is explaining to Stanley (Dudley Moore) why he was thrown out of Heaven.
Substitute Fat Donnie for Lucifer's impersonation of God and Stanley standing in for the governors and cabinet members, and you've got the picture. The only difference is that the sycophants never tire of being effusive.