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I don’t pretend to understand a lot of this. It seems the thrust is that deregulation frees up business which allows it to expand and hire more people. Something very good for the economy.
And that President Trump is directly behind the effort to deregulate.
In its conclusion, the CEA sums up the issue nicely:
Since 2017, consumers and small businesses have been able to live and work with more choice and less Federal government interference [DRH note: in the areas the CEA analyzed.] They can purchase health insurance in groups or as individuals without paying for categories of coverage that they do not want or need. Small businesses can design compensation packages that meet the needs of their employees, enter into a genuine franchise relationship with a larger corporation, or seek confidential professional advice on the organization of their workplaces. Consumers have a variety of choices as to less expensive wireless and wired Internet access. Small banks are no longer treated as “too big to fail” (they never were) and be subject to the costly regulatory scrutiny that goes with that designation.
As President Obama said three days after taking office in 2009, “Elections have consequences.” One consequence of President Trump’s election, which came as a welcome surprise to those of us who saw nothing in his past to suggest he was a deregulator, is a series of deregulatory measures and a slowing of regulation.
Just as the power to regulate is the power to destroy, the power to engage in judicious deregulation is the power to allow creation.
More @ Trump's Deregulatory Successes