Promise Exceeded: Donald Trump’s Regulation Cutting Record

07.25.2019 | News | Daily Surge |

Surge Summary: The President has exceeded his campaign promise to be an aggressive cutter of business regulation — a roaring economy is the result.

The Patriot Post’s Nate Jackson forlornly writes:

The national debt will continue to rise under the new deal struck by President Donald Trump and congressional leaders Monday. No one in Washington cares about the debt, and too many voters are in the same boat.

Translation: It’s not just our elected “public servants” who are to blame – but the people who either want them to conduct themselves the way they do, or who compliantly look the other way and bite their lip when they disappoint.

But, according to Jackson, there’s comforting economic news as well:

[T]he U.S. economy is still growing in spite of this massive burden, and one big reason for that is another part of Trump’s agenda: deregulation.

Sure enough, the Republican tax cuts — remember, every single Democrat opposed them and “the resistance” has been mischaracterizing those cuts for two years — have spurred exuberant economic growth. There was nothing like it during the tepid Barack Obama presidency.

Regulation is a form of taxation, adding hidden costs to nearly everything Americans produce, buy, and do. Thus, when Trump cuts regulations, he is again cutting taxes, and that helps the economy.

Get this morsel:

Better yet, he’s been doing it even faster than he promised he would. On the campaign trail, Trump pledged to cut two Obama-era regulations for every new one imposed.

Donald Trump’s Deputy Director of the Office of Management and Budget Russ Vought drills down on the specifics. “We’ve hit 13 to 1.”

The Chief Exec’s regulation-slashing has saved American taxpayers $33 billion and jump-started a projected rise in household income of over three-thousand dollars over the next few years.

Note: to Leftist naysayers: that would be real money for most regular Americans.

The chilling prospect is that every Democrat presidential candidate promises to reverse those gains.

Says Mick Mulvaney, acting White House chief of staff, it’s the president’s “real-world experience” in business that has shaped his anti-regulation temper. Trump actually has had to deal with working in the private sector where burdensome government rules, red-tape and hoop-jumping have lurked — and been multiplying – for a long time.

“The president has it because he had to go and pull a permit to build a building and deal with bureaucracy and doesn’t like that and knows why that impedes growth and impedes development, impedes creativity,” said Mulvaney. “It’s an extraordinarily commonsense approach.”

Common sense is a quality abysmally lacking too often from Washington, D.C.’s handiwork. It’s heartening to see it operating in this aspect of the Trump Administration.

Man, made in God’s image, in the Creator’s image, (Genesis 1:27) has a bent and capacity to create, invent, produce. Make it easier for people to work and make money – and they’ll do more working and making money.

Pretty much everyone benefits from that.

Image: Image by Clker-Free-Vector-Images from Pixabay