Transcript
Donald Trump (0:04)
A fantastic job. He didn't need this. He didn't need it. And we find out government's a little nasty on occasion. Hello, Peter. Hello, President Trump. Government's a little bit nasty. Peter, you haven't noticed that? You have. You've had a charmed life, right? You tell me. Very charmed. I think you've had a charmed life. I think what I'll do. You don't mind. Numbers have just come out which are rather extraordinary. And I thought I'd play a tape of one of the people who I've respected over the years from, you know, Joe Kiernan and Rick Santelli. This just came out and we'll just play that for a second. Personal income is up 8, 10, up 8, 10 of a percent. That is almost triple the expectations. The income, the income numbers really, for the first four months of the year, they're stellar. They're really stellar. I mean, I could go back and look at the first four months of many different years. Really very strong numbers. And you're right, this administration is criticized for just about everything under the sun. I've never ever in my lifetime had glimpses into the politics of an administration in the form of transparency like this one. Why don't we be, you know, give credit where credit is due. Income really shooting up. I also thought everybody was going to get one last order of imports that were going to be tariffs and they were loading up on things. How the hell did that? How the hell. They already fixed the trade or not fix it, but to cut it in half. That's crazy. So there wasn't a lot of front loading of things that they needed before the tariffs hit. Yeah. I'll tell you what, it really does call into question some of the conventional wisdoms and, you know, it's going to be interesting to see what happens next month. We get this number or we. We see some of the other numbers like current account, see how they fare. Because I don't know, I've been watching these numbers a long time. I don't think I've ever seen the trade deficit cut in half in one month. Not bad, right? Not bad. Come on, guys. Yeah, see, Howard and Scott are here, so. So it's great. You guys want to stand over here? You might as well. You're the ones that help produce those numbers. And it'll only get better. The tariffs are so important and that's why we were so happy with the decision yesterday, where the tariffs continue, because without the tariffs, our nation would be imperiled. We would really be Imperiled. I think I can say that with great surety, Scott and Howard. And so we were very happy to get that decision, that big decision yesterday and today. It's about a man named Elon, and he's one of the greatest business leaders and innovators the world has ever produced. He stepped forward to put his very great talents into the service of our nation, and we appreciate it. And I just want to say that Elon has worked tirelessly, helping lead the most sweeping and consequential government reform program in generations. And, you know, the kinds of things that he's. He's found and his people have found. He's brought a group of very smart people in, and they found things that are pretty unbelievable. I have to say that the numbers that we're talking about are substantial, but they're going to be very much more substantial with time because many of the things that we're working on right now, we're going to have to remember Elon as we find him. But the. The numbers could double and triple because many, many things. We don't want to go out with them until we're sure, but we've found things that are unbelievably stupid and unbelievably bad. With the Department of Government Efficiency, Elon delivered a colossal change in the old ways of doing business in Washington. Doge has installed geniuses with an engineering mindset and unbelievably talented people and computers. I actually asked Elon one time what's. What's their primary thing? And they have a lot of primary things, all having to do with being smart. But he said the thing that they're really the best at is working with computers so that they can't be outsmarted by somebody that's not so honest. That happens to also be good with computers, but not as good as these people. But the mindset and the senior ranks of every federal department, it's really changed. And with Elon's guidance, they're helping to detect fraud, waste, and modernized broken and outdated systems. So, as you know, we're talking about various systems and changing systems, and, you know, sadly, it takes a long time to do that. You'll change, let's say, a system at IRS and computerize it properly, where the job can be done in one tenth the time. But it takes. It takes sometimes years to rebuild those systems. But we've started. In many cases, we've started. I will say that this has less to do with Elon, but the air traffic control systems we're bidding out to the best companies in the world. Those systems right now they were, the previous administration was horrible what they did. They spent billions and billions of dollars and in the end it didn't even come close to working. They tried to hook up wire to copper and it can't be done. And they just spent billions of dollars and just wasted money actually made the system much worse. So we're going to get a brand new modern system. Congress is working with us on that and we're going to get it done as quickly as we can. But it's, it's in the works and once it's done, it'll be good for 30 years. But we have a system that's 48 years old and would have a modern computer hooked into a very outdated computer. And they don't hook up. I mean they didn't hook up. So after spending billions of dollars they turned on the system and it in never any cases from local to countrywide, they never worked. More than 75,000 bureaucrats have voluntarily left their taxpayer funded jobs to come out and really do the do the job. Countless wasteful and unnecessary contracts have been terminated. And you know that we have terminated many, many contracts and many contracts, Elon, are right now being looked at. And it may be six months, it may be almost a year in some cases. We're going through procedures, we're going through courts. And we'll remember you as we announce billions of dollars of extra waste, fraud and abuse. Just as an example, Doge canceled $101 million for DEI contracts at the Department of Education. 101 million. And that was just a small section of the Department of Education. $59 million for illegal alien hotel rooms in New York City. And the landlord never made the kind of money that he made in the last short period of time. $59 million to a hotel in New York City. $45 million for diversity, equity and inclusion scholarships in Burma. In Burma. Does Anyone know about $42 million for social and behavioral change in Uganda? $40 million to improve the social and economic inclusion of sedentary migrants. I can say it's $2 billion to Stacey Abrams and her environmental movement. There was $100 in the account and all of a sudden they found $2 billion in the account. And I assume that's being looked at. I don't know, I'm not sure, but I assume that's being looked at. Think of that $2 billion and then Lee will tell you there's another one over there. For $20 billion being spent on another environmental. 20 billion, not 20 million. A lot. Not 200,000, which is a lot. So think of it. In her case, you have $100, and now all of a sudden, she gets hit with an infusion of $2 billion just before I take office. $20 million for Arab Sesame street in the Middle East. Nobody knows what that's all about. Nobody has been able to find it. $8 million for making mice transgender. So they spent $8 million on making mice transgender. And those are better than many of the others. I could sit here all day and read things just like that. But we have other things to do. So it's much, much more than just that. We are totally committed to making the Doge cuts permanent and stopping much more of the waste in the months to come. We want to get our great big beautiful bill finished and done. After that, we're going to be. We put some of this into the bill, but most of it's going to come later. We're going to have it characterized by Congress, affirmed by Congress. In some cases, we'll make cuts. In some cases, we'll just use it in a different layer to save the money. But it's hundreds of billions of dollars. Doge has also fully modernized the federal retirement process and continues to work very hard on the IRS modernization. But we're taking that over with Doge. Many of the Doge people, Elon, are staying behind, too. So they're not leaving. And Elon's really not leaving. He's going to be back in of front forth, I think. I have a feeling it's his baby, and I think he's going to be doing a lot of things. But Elon's service to America has been without comparison in modern history. He's already running one of the most innovative car companies in the world. You look at his factories and compare them with some of the old factories we have, and it's a big difference. And the most successful space company, and I guess in history, you would have to say the largest free speech platform on the Internet, et cetera. Yet Elon willingly, with all of the success, he willingly accepted the outrageous abuse and slander and lies and attacks because he does love our country. I know that very much. He loves our country, comes from another country, a country that's going through trials and tribulations, I would say. But he's all about the usa, and Americans owe him a great debt of gratitude. So I just want to thank Elon for his time as special government employee. Can you imagine? They called him an employee, but it's a Special government employee and for coming and helping us. And he really has changed the mindset of a lot of people. A lot of people thought, you know, maybe we'll cut 1% or 2% or 3%. Then they said, wow, we can cut a lot more than that. And we're going to do it very surgically. We're going to continue on the march. We're making America great again. When I was in Saudi Arabia, and we were in, as you know, three really great countries, predominantly the three. Qatar was great. UAE was great. Saudi Arabia, incredible. What, like, such an incredible experience to be in those three countries. But the crown prince of Saudi Arabia and I must tell you, the leaders, the great leaders of the other two that we just mentioned, they all said the same thing, that the United States is the hottest country right now anywhere in the world. And six months ago, we thought it was dead. It was like a dead country. And it would have been a dead country if we didn't have the right result on November 5th. It would have been a horrible, horrible situation. Was going on with the borders with transgender for everyone, men playing in women's sports, and so much more. But they were saying, the hottest country anywhere in the world. And then I played that little clip because there was one person who was respected, but there were two people, because Joe was in that one, too. Joe is a good man. But that was one group of people saying something about the success of what we've done over the last four months. They cannot believe it. In the one case, they said they've never seen anything like it as long as they've been doing what they've been doing. They've been doing it for a long time. So I just. I want to thank Elon for helping. And again, you know, the United States right now is the hottest country anywhere in the world. No country is hot. And we're doing really well. We're. We came. When I left, we had no wars. We had no problems. We defeated isis, we rebuilt our military, and we had no inflation. And when I came back, we had a lot of inflation. We had wars all over the place. We had the embarrassment in Afghanistan where we gave up billions and billions of dollars of military equipment. The most embarrassing moment in the history of our country. I believe. I believe that strongly. We have Russia with Ukraine. We had the attack on Israel in Iraq. October, the horrible attack. October 7th. Horrible, horrible attack. Nobody has ever seen anything like it. And now we have something where we're really healing a lot of that. We stopped India and Pakistan from fighting. I believe that could have turned out into a nuclear disaster. And I want to thank the leaders of India, the leaders of Pakistan, and I want to thank my people also. We talk trade and we said we can't trade with people that are shooting at each other and potentially using nuclear weapons. And they're great leaders in those countries, and they understood and they agreed. And that all stopped. And we're stopping others from fighting also, because ultimately we can fight better than anybody. We have the greatest military in the world. We have the greatest leaders in the world. We put one of them in charge of the Joint Chiefs of Staff. As you know, General Raisin came and we wiped out isis, completely wiped out ISIS in three weeks. They said it would take five years, and we did it in three weeks. And that's the way it is. But we don't want to have to use our military. We want to be peace through strength when we can. And that's the way we're going to have it. So I just want to thank Elon and all of his people. Most of those people are staying, almost all of them staying. And they're going to be with us. And you're going to see the results coming long into the future, even a year and two years later, you're going to see a lot of the results. And those hundreds of billions of dollars are going to be adding up and they're going to continue to add. It'll be interesting, really interesting to see what the final number is going to be. But again, Elon gave an incredible service. Nobody like him. And he had to go through the slings and the arrows, which is a shame because he's an incredible patriot. The good news is that 90% of the country knows that and they appreciate it and they really appreciate what he did. And they gave him a little special something we have here.