So, last night Donald Trump gave a superb speech as he announced his candidacy for the presidency in 2024. It was a speech about issues, it was a high content speech, it was a visionary speech. It was actually a speech from circa 2016, when he ran for president on key issues then like the economy, tax cuts, deregulation, hooting over China. It was a speech aimed at the blue collar and minority groups that Trump brought into the Republican Party.
He spoke of “national greatness”. “Make the nation great and glorious again”. Fostering bold dreams, big ideas, bold ambitions. It was a speech about freedom, values, individual responsibility and common sense. It was an America First speech in support of the American worker.
He pledged to return to low taxes, low regulation and fair trade. He singled out what he termed the “socialist disaster” known as the Green New Deal e raised a very interesting point about the bleak Green New Deal. The radical climate change central planning policies of the Bidens who want to wipe out oil and gas and somehow replace them with windmills and solar would never have the power to ignite our large factories and plants.
Here’s a quote. They say, “the ocean will rise an eighth of an inch in the next 200 to 300 years, but never worry about nuclear weapons that could wipe out entire countries with one shot!” There is something wrong with that thought.
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He talked about unleashing oil and gas to recreate energy independence and dominance and how that would bring inflation back to where it left off at the 1% level. Indeed, she has devoted much time to his economic success. Not once, but twice, the economy has roared. Before the pandemic and then the V-shaped recovery as the pandemic gradually wore off.
He put an end to the ISIS Caliphate. He nailed al-Baghdadi. He negotiated the historic Abraham Accords. He has also negotiated tough reciprocal trade deals with Japan, South Korea, USMCA and the Phase One deal with China. Of course, he criticized Biden at every turn, promised to end Biden’s American decline and get us out of the bind. “Biden is the face of failure and corruption on the left,” Trump said.
In addition to restoring economic incentives, he intends to close the border again, restore the “Stay in Mexico” program, stop the “catch and release” program, stop the invasion of the drug fentanyl, restore parental rights in schools, rebuild the system of missile defense, tout the principles of hard work and merit. No more critical race theory, she said.
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Here’s what wasn’t in the speech: No small talk, no grievances, no 2020 election denials. It was moderate speech. It was a well thought out speech and to that extent we saw a new Donald Trump, hopefully discarding some baggage and going back to his successful 2016 campaign, who outlined a clear America First agenda which he implemented in his four-year term. Perhaps most importantly, the speech was chock full of optimism and you know I love optimism. He spoke of a “national greatness” agenda.
Let me quote this: ‘And together we will make America powerful again. We will make America rich again. We will make America strong again. We will make America proud again. We will make America safe again. We will make America glorious again. And we’ll make America strong again.” Anyway, I’d just say, good stuff, Mr. President. Please keep it up.
This article is adapted from Larry Kudlow’s opening comment on the November 16, 2022 edition of “Kudlow.”