Posted on 08/23/2019 7:34:00 PM PDT by Tolerance Sucks Rocks
President Donald Trump promised he’d get rid of bad rules.
“Remove the anchor dragging us down!” he said when campaigning for president. “We’re going to cancel every needless job-killing regulation!”
Trump was a developer, so he knew that the thicket of rules government imposes often makes it impossible to get things done.
But would he keep his deregulation promise? I was skeptical.
Republicans often talk deregulation but then add rules. People called President George W. Bush an “anti-regulator.” But once he was president, he hired 90,000 new regulators!
Trump has been different.
When he took office, he hired regulation skeptics. He told government agencies: Get rid of two regulations for every new one you add.
I think his anti-regulation attitude is why stock prices rose and unemployment dropped. Trump sent a message to business: Government will no longer try to crush you. Businesses then started hiring.
Of course, the media wasn’t happy. Reporters love regulation.
They call Trump’s moves “an attack on the environment” and on “workers’ health.” The New York Times ran the headline “Donald Trump Is Trying to Kill You!”
What the media don’t get is that regulations have unintended side effects that often outweigh the good they’re intended to do.
Cars built smaller to comply with President Barack Obama’s rules that require doubling of gas mileage cause increased deaths because smaller cars provide less protection.
“Should the government tell you what kind of car to buy?” asks Grover Norquist of Americans for Tax Reform in my new video about Trump.
Norquist says that Trump has largely kept his deregulation promise, and that’s been great for America.
For example, Trump repealed the Obama-era plan to classify franchise businesses like McDonald’s as one single business. Why?
(Excerpt) Read more at dailysignal.com ...
PING!
Yet another data point proving George bush sucked as president.
“Yet another data point proving George bush sucked as president.”
Like we needed another one.
L
I have always liked John Stossel.
He always struck me as an honest guy who did his due diligence in research.
I couldn’t agree more. He’s never struck me as a paid shill for anyone. His type is rare in the industry these days.
Almost extinct I’m afraid.
He should be looking to create as many new regulations as possible, so we’ll have to revoke twice as many.
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