Economic Achievements - The administration has achieved significant milestones in its first year, including closing the border and stopping illegal immigration, as well as passing a major tax reform bill that includes pro-growth supply-side tax cuts and deregulation [1][2] - Over 200 executive orders have been signed, with notable actions including the repeal of the Green New Deal and deregulation efforts that have bolstered economic sectors [2] Economic Outlook - There is an optimistic economic outlook predicted for the coming year, driven by tax cuts and 100% cost expensing, which are expected to lead to factory construction, increased hiring, and higher wages [5] - The administration's energy policies, particularly "drill, baby, drill," have led to a significant drop in oil and gasoline prices, which is anticipated to lower inflation rates and interest rates, potentially resulting in a GDP growth of 5% with minimal inflation [6] Housing Market - Home prices and shelter costs are moderating, and mortgage rates are decreasing, indicating a positive trend in the housing market [7] Global Investment - The vision for American capitalism is to attract trillions of dollars in global investment, positioning the U.S. as a leading economic hub [7]
LARRY KUDLOW: Share your economic optimism, Mr. President
Fox Business·2025-12-18 00:53