- Sep 19, 2011
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“… what has the administration achieved on the regulatory front in 2017? … President Trump issued Executive Order 13771 directing federal agencies to remove two regulations for every new one they issued, and to cap the total cost of new regulations at zero. … An Office of Management and Budget report … finds that during the first eight months of the administration (through September 30th), executive agencies issued 67 deregulatory actions and only 3 significant regulatory actions. … More meaningful is the report’s estimate that these actions will save Americans more than $570 million per year on net. …
Well, as the New York Times has just reported, less red tape is good for the economy.
“A wave of optimism has swept over American business leaders, and it is beginning to translate into the sort of investment in new plants, equipment and factory upgrades that bolsters economic growth, spurs job creation — and may finally raise wages significantly. … the newfound confidence was initially inspired by the Trump administration’s regulatory pullback, not so much because deregulation is saving companies money but because the administration has instilled a faith in business executives that new regulations are not coming.”
Regulatory Onslaught of Bush and Obama Years Has Finally Abated
Now compare Trump's pro-economic growth positions with what Obama actually said during his 8 years!
What a difference!
Well, as the New York Times has just reported, less red tape is good for the economy.
“A wave of optimism has swept over American business leaders, and it is beginning to translate into the sort of investment in new plants, equipment and factory upgrades that bolsters economic growth, spurs job creation — and may finally raise wages significantly. … the newfound confidence was initially inspired by the Trump administration’s regulatory pullback, not so much because deregulation is saving companies money but because the administration has instilled a faith in business executives that new regulations are not coming.”
Regulatory Onslaught of Bush and Obama Years Has Finally Abated
Now compare Trump's pro-economic growth positions with what Obama actually said during his 8 years!
What a difference!
