Posted on 07/01/2023 8:32:00 AM PDT by delta7
University of Chicago professor Casey Mulligan recently compared regulatory records from the Obama Administration to now. Mulligan found that Biden has imposed the most costly regulations in recent history at a rate of $617 billion annually. Her research concluded that the average American household now pays $9,600 more under Biden.
This uptick in spending found in this study is solely due to regulation. If we were to factor in inflation, which Biden poured gasoline on (no pun intended), the figure would be even higher. The Build Back Better agenda comes at a cost to the people. Auto fuel and emissions standards compose one-third of total regulatory costs alone.
Trump attempted deregulation and saved the average American household $11,000 during his four-year term. Trump’s main regulatory initiative that was a costly mistake was Operation Warp Speed, which cost over $300 billion. “President Trump showed that regulatory costs can be subtracted rather than perpetually added,” the report states. “Four years of President Trump reduced regulatory costs by about $11,000 per household. Eight years would have saved a total of more than $21,000, which is a gap of $61,000 to $80,000 from the Biden trajectory.”
Biden had the audacity to tote “Bidenomics” at a recent speaking engagement. Clearly, his economic policies have put America in a dire situation. Biden plans to continue implementing costly regulations. Mulligan’s estimates also do not account for the coming war his administration is thrusting us into without just cause. The nation simply cannot afford to keep him in power. Too bad we don’t have the ability to determine our own elections.
Carry on war cheerleaders, you are soon to “ feel” your involvement in senile Joe’s Ukie war. The “ Awakening “ will be glorious.
Yeah, but it is a small price to pay to eliminate mean tweets
But, but, my Senator is a RINO, so I sit out his elections and let the Democrats win.
That way, I teach the GOP an Lesson and feel GREAT for doing that!!!!!
After all, teaching the GOP a lesson is more important to me than going broke and losing my freedom.
(calm down, this is sarcasm, but it does some up much of what I hear here)
Hoo boy!
I betcha Professor Casey Mulligan is in for a real close IRS investigation of her taxes over the next few years. Maybe even the Stasi (FBI) investigating her for subversive views and anti government statements.
I hear the economy is booming, so I guess we can all afford to pay an extra $10K.
So, the Democrat Party. The party of the people. The party of the working man.
That party decides to eliminate the mortgage interest and property tax deduction for tax year 2022.
One thing that the middle class can really use and they take it away.
All about the middle class those Democrats.
Wonder if anyone has asked KJP or him about it.
Can’t afford that additional $10K when that represents about half your annual pay to begin with. I heard the economy is booming also, but...the one I heard it from is better known as an habitual liar.
RegRodeo.com
RegRodeo is the place to see the weekly updates and the trend since the middle of the Bush years.
Comparing Trump years to Obama and Biden is a major reason for so many Trump supporters who disagree with Trump on other issues are still in the Trump coalition.
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