*Administration of Donald J. Trump, 2017 *

**The President's Weekly Address **

*August 4, 2017 *

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 alltime high. Never ever has it been so high. In May, the unemployment rate hit a 16-year low, and last quarter, real GDP growth increased to 2.6 percent. 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 their 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're 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 5 years when you come into our country. You can't just come in—like in past weeks, years, and decades, you come in—immediately start picking up welfare. For 5 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. We're really moving along. We're bringing back our jobs. We're making America great again. Thank you.

NOTE: The address was recorded at approximately 9:45 a.m. on August 3 in the Diplomatic Reception Room at the White House.

*Categories:* Addresses and Remarks : Weekly addresses*.*

*Locations: *Washington, DC.

*Subjects:* Business and industry : Domestic investment, promotion efforts; Commerce, international : Free and fair trade; Economy, national : Improvement; Employment and unemployment : Unemployment rate; Energy : Domestic production, promotion efforts; Government organization and employees : Federal regulations, review; Immigration and naturalization : Reform; Taxation : Tax Code, reform.

*DCPD Number:* DCPD201700562.