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Trump At Davos Says His Ability To Build Things And Make Money Prepared Him To Be President

The president was pleased with the size of the crowds at Davos, who pushed and shoved to get into this speech.

Posted on January 26, 2018, at 6:23 a.m. ET

Nicholas Kamm / AFP / Getty Images

Let's set the scene:

President Donald Trump delivered a standard "America First" teleprompter speech to global elites gathered at the World Economic Forum at Davos on Friday, but lit up when asked in a later question-and-answer session what in his background prepared him to become president of the United States.

Trump's address was highly anticipated not just for his message, but because hours earlier it was reported that he previously tried to fire the special counsel investigating whether his presidential campaign colluded with Russia. (The counsel, Robert Mueller, was ultimately not fired.)

Before his speech, Trump called the report, “Fake news. Fake news. Typical New York Times. Fake stories.”

After weeks of behind-the-back trash talking from global elites, the crowd had a see-saw reaction to Trump. They lined up to gain access to his speech as if he were a rock star, with one woman, who was nearly trampled as people pushed and shoved to get in, saying “I can’t believe this is all for Trump."

“It’s like trying to get into a Rolling Stones concert,” said one German journalist waiting in the massive, sweaty crowd.

But World Economic Forum leader Klaus Schwab, while introducing Trump, was booed at his own event for saying, "I’m aware that your strong leadership is open to misconceptions and biased interpretations."

And when Schwab said, "Mr President, you cannot imagine how much we are looking forward to your speech,” there were laughs around the room.

Still, despite many rumors of a planned walkout, nothing happened. Trump ended his speech to applause.

The most interesting part:

In an impromptu question-and-answer session after the speech, Schwab asked Trump, "What experience from your past have been most useful in preparing you for the presidency?"Trump appeared much more relaxed than when he was reading his speech. He rolled off four main points:* Being a businessman: "Well, being a businessman has been a great experience for me. I've loved it. I've always loved business. I've always been good at building things. I've always been very successful at making money. I'd buy things that would fail and be failures and I’d turn them around and get them for the right price, turn around and make them successful. And I've been good at it. That takes a certain ability. You know, historically I guess there's never really been a businessman or business person elected president. It’s always been a general or a politician. Throughout history it’s always been, you had to be a general, but mostly it was politicians. You never had a businessman." He added that regulations were "choking our country to death," before he took office. "I was able to see that, Klaus, as a business person."* Media attention: "The other thing is I've always been able to get disproportionate amount of press or media. Throughout my whole life —somebody will explain one day why, but I’ve always gotten a lot. And as business man I was always treated really well by the press. The numbers speak and things happen. I've always really had a very good press. It wasn't until I became a politician that I realized how nasty, how mean, how vicious and how fake the press can be, as the cameras start going off in the background." Many members of the audience booed and hissed at this last line.
Nicholas Kamm / AFP / Getty Images

In an impromptu question-and-answer session after the speech, Schwab asked Trump, "What experience from your past have been most useful in preparing you for the presidency?"

Trump appeared much more relaxed than when he was reading his speech. He rolled off four main points:

* Being a businessman: "Well, being a businessman has been a great experience for me. I've loved it. I've always loved business. I've always been good at building things. I've always been very successful at making money. I'd buy things that would fail and be failures and I’d turn them around and get them for the right price, turn around and make them successful. And I've been good at it. That takes a certain ability. You know, historically I guess there's never really been a businessman or business person elected president. It’s always been a general or a politician. Throughout history it’s always been, you had to be a general, but mostly it was politicians. You never had a businessman."

He added that regulations were "choking our country to death," before he took office. "I was able to see that, Klaus, as a business person."

* Media attention: "The other thing is I've always been able to get disproportionate amount of press or media. Throughout my whole life —somebody will explain one day why, but I’ve always gotten a lot. And as business man I was always treated really well by the press. The numbers speak and things happen. I've always really had a very good press. It wasn't until I became a politician that I realized how nasty, how mean, how vicious and how fake the press can be, as the cameras start going off in the background."

Many members of the audience booed and hissed at this last line.

Then there was this strange moment:

Trump's cabinet reacting to this line: "I would like to do thank Steven, Wilbur, Gary...even my general and my vari… https://t.co/wT0ENSv0wN

Question: "I would like to acknowledge the strong presence of the people that tremendously contributed to the discussions."

Trump: "I would like to do that. Steven, Wilbur, Gary, Robert, even my general and my various other generals, you know. We're making our military protection a little better for us, too. So thank you very much. Does everybody understand? I think so."

Trump loves referring to *his* generals.

You can watch the full speech and Q and A here.

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Another weird thing:

Trump also boasted about...what else...crowd size. Standing next to Schwab during an earlier event on Friday morning, Trump said his appearance at Davos had coincided with an unprecedentedly large crowd."Klaus actually told me this is a crowd like they have never had before in Davos, including all of you people [journalists], like they’ve never had before, so that’s good," Trump said. "I assume they’re here because of Klaus."Trump has obviously been obsessed with crowd size since he overestimated the number of people who attended his inauguration. Also, in an interview with British broadcaster Piers Morgan, Trump said he was prepared to apologize for retweeting three racist videos from far-right group Britain First last year.
Bloomberg / Getty Images

Trump also boasted about...what else...crowd size.

Standing next to Schwab during an earlier event on Friday morning, Trump said his appearance at Davos had coincided with an unprecedentedly large crowd.

"Klaus actually told me this is a crowd like they have never had before in Davos, including all of you people [journalists], like they’ve never had before, so that’s good," Trump said. "I assume they’re here because of Klaus."

Trump has obviously been obsessed with crowd size since he overestimated the number of people who attended his inauguration.

Also, in an interview with British broadcaster Piers Morgan, Trump said he was prepared to apologize for retweeting three racist videos from far-right group Britain First last year.

And finally, here's some key parts from Trump's speech:

On regulation and bureaucrats:

This is especially true because we have undertaken the most extensively regulatory reduction ever conceived. Regulation is stealth taxation. The U.S. Like many other countries unelected bureaucrats, we have, believe me, we have them all over the place, and they have imposed crushing and anti-business and anti-worker regulations on our citizens with no vote, no legislative debate, and no real accountability. In America those days are over.

Mentions of terrorism and immigration policy overhaul in the same breath:

When it comes to terrorism we will do whatever is necessary to protect our nation. We will defend our citizens and our borders. We are also securing our immigration system as a matter of both national and economic security. America is a cutting-edge economy but our immigration system is stuck in the past.

We must replace our current system of extended family chain migration with a merit-based system of admissions that selects new arrivals based on their ability to contribute to our economy, to support themselves financially, and to strengthen our country.

On "America first":

I believe in America. As president of the United States I will always put America first just like the leaders of other countries should put their country first also. But America first does not mean America alone. When the United States grows, so does the world. American prosperity has created countless jobs all around the globe and the drive for excellence, creativity, and innovation in the U.S. Has led to important discoveries that help people everywhere live more prosperous and far healthier lives.

On trade:

As the United States pursues domestic reforms to unleash jobs and growth, we are also working to reform the international trading system so that it promotes broadly-shared prosperity and rewards to those who pray -- play by the rules. We cannot have free and open trade if some countries exploit the system at the expense of others. We support free trade but it needs to be fair and it needs to be reciprocal because in the end unfair trade undermines us all. The United States will no longer turn a blind eye to unfair economic practices including massive intellectual property theft, industrial subsidies, and pervasive state-led economic planning.

These and other predatory behaviors are distorting the global markets and harming businesses and workers not just in the U.S. But around the globe.

Editor-in-Chief Ben Smith and World editor Miriam Elder are reporting from Davos. Hazel Shearing and Matt Champion reported from London. Tom Namako reported from New York.

Read more about Trump’s trip to Davos:

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