Larry Kudlow explains at Investor’s Business Daily why he believes President Trump’s trip to the Davos economic summit ended in success.

Quote: “America is open for business, and we are competitive once again.” End quote. That was just one of the key lines in President Trump’s highly successful Davos speech this week.

Of course, in going to Davos, Trump entered the lion’s den. A year ago such a visit would have been a poor idea. Back then, elitist heads of state, the EU bureaucrats, and the international CEOs were uniformly against Donald Trump.

But Trump’s 2018 Davos strategy was a brilliant stroke.

A year later he could make the fact-based argument that, in his words, “The world is witnessing the resurgence of a strong and prosperous America.” And the core of his message was this: “There has never been a better time to hire, to build, to invest, and to grow in the United States.”

He’s right.

Trump’s polices, in just one year, have begun to restructure the American economy. We’ve moved from “secular stagnation” (i.e., high taxes, massive regulation, huge government spending, and a disdain for business and investors) to a new private-sector incentive system that rewards success.