President Donald Trump delivers weekly address 8/4/17 [video and transcript]

President Donald Trump delivers his weekly address during which he talks about low unemployment, stock market highs, renewed gains in GDP and his reversal of globalist policies and a return to America First.

“For too long, the dreams of many Americans have been put out of reach by Washington,” the president said. “Washington funded one global project after another while allowing other countries to drain our jobs and drain the wealth of the United States of America.”

Full transcript:

My Fellow Americans,

As we celebrate American Dream Week at the White House, we continue to see incredible results.

This week, the Dow jones industrial average reached an ALL-TIME high. Never ever has it been so high. It made the unemployment rate hit a 16-year low and last quarter real GDP growth increased to 2.6%.

Prosperity is coming back to our shores because we are putting American workers and families first.

The American dream has always been about doing what we love and doing it for the people we love. Whether serving in the Armed Forces, manufacturing goods, or starting a small business, our citizens pursue their aspirations and improve the lives of millions in countless, countless ways.

Yet for too long, the dreams of many Americans have been put out of reach by Washington. Washington funded one global project after another while allowing other countries to drain our jobs and drain the wealth of the United States of America.Then Washington taxed and regulated our own workers and industries, taking away their ability to earn a living.

But those days are over. My Administration is working tirelessly on behalf of the American People.

We have removed regulations and targeted unfair trade practices that are hurting Americans all over the world. We are ending the War on Coal and unleashing American energy. We are introducing a tax plan to grow our economy and create more jobs. Factories and plants are coming back into Michigan and Ohio and Pennsylvania, and many other states. They are coming back instead of leaving like they have been for decades. And just this week, we announced a historic immigration bill to create a merit-based Green Card system that ends the abuse of our welfare system, stops chain migration, and protects our workers and our economy. As an example, you cannot get welfare for five years when you come into our country. You cannot just come in like in past weeks, years, and decades, you come in immediately and start picking up welfare. For five years, you have to say you will not be asking or using our welfare systems.

As I said in my address to Congress, the time for dreaming big, bold, and daring things for our country has begun. When Americans are free to pursue their dreams, there is no limit to what we can achieve.

This is truly an exciting time in our country every day, we are accomplishing great things for our people.

Thank you, God bless you, God bless the United States. Were really moving along, we are bringing back our jobs, we are Making America Great Again.

Thank you.