A few days ago, Investor's Business Daily published an informative article on the beneficial impacts of Trump's ongoing deregulation. Here's an excerpt:
Here's a related article from Investor's Business Daily:
Trump's Deregulation Binge Is Lightening The Economy's Load | Investor's Business Daily
And here's a good article from USA Today:
Face facts, America, Donald Trump is a success. Let's count the ways.
While the media-driven scandals du jour roll on, President Trump quietly goes about reshaping the U.S. economy. Case in point: Last week, Trump directed the EPA to cut even more red tape for manufacturers. And he's not done yet.
The idea is not to get rid of air quality standards, but to make sure that the science behind them is transparent and reliable — and not just part of someone's political agenda, as has often been the case in the past.
The White House says that U.S. National Ambient Air Quality Standards constitute "outdated and unnecessary barriers to growth." Under the new standards, EPA will process state-submitted plans within 18 months, for instance, giving regulated industries a clearer idea of what they can and can't do, quickly. And the permitting process for individual projects will eventually be limited to a year. . . .
Trump, more than any president since Ronald Reagan, understands that excessive regulation is poison for economic growth. Comparing deregulation to tax cuts, Trump said on Thursday that "the cutting of regulations could have had the same or even a bigger impact on our economy." That's no exaggeration. In Obama's last year, the number of factory jobs shrank by 16,000. Since Trump entered office and began cutting taxes and slashing regulations, 281,000 new manufacturing jobs have been created.
Already, Trump's deregulation binge has borne fruit. The National Association of Manufacturers quarterly survey found that the small manufacturers' optimism index reached 94.5% in March, its highest level since the survey began 20 years ago. And the index for sales growth rose to its second-highest reading ever. (Trump's Deregulation Binge Shows No Signs Of Ending | Investor's Business Daily)
The idea is not to get rid of air quality standards, but to make sure that the science behind them is transparent and reliable — and not just part of someone's political agenda, as has often been the case in the past.
The White House says that U.S. National Ambient Air Quality Standards constitute "outdated and unnecessary barriers to growth." Under the new standards, EPA will process state-submitted plans within 18 months, for instance, giving regulated industries a clearer idea of what they can and can't do, quickly. And the permitting process for individual projects will eventually be limited to a year. . . .
Trump, more than any president since Ronald Reagan, understands that excessive regulation is poison for economic growth. Comparing deregulation to tax cuts, Trump said on Thursday that "the cutting of regulations could have had the same or even a bigger impact on our economy." That's no exaggeration. In Obama's last year, the number of factory jobs shrank by 16,000. Since Trump entered office and began cutting taxes and slashing regulations, 281,000 new manufacturing jobs have been created.
Already, Trump's deregulation binge has borne fruit. The National Association of Manufacturers quarterly survey found that the small manufacturers' optimism index reached 94.5% in March, its highest level since the survey began 20 years ago. And the index for sales growth rose to its second-highest reading ever. (Trump's Deregulation Binge Shows No Signs Of Ending | Investor's Business Daily)
Here's a related article from Investor's Business Daily:
Trump's Deregulation Binge Is Lightening The Economy's Load | Investor's Business Daily
And here's a good article from USA Today:
Face facts, America, Donald Trump is a success. Let's count the ways.
