REASON: Trump is Destroying Regulations

[dannno]

Amazing!!


https://www.youtube.com/watch?v=TuAg-RaZ4Is

[CaptUSA]

Yep. As much as he’s anti-liberty on a whole host of issues, Trump deserves a lot of credit on this one.

The long term impact is pretty minimal because you’d really need Congress to act, but 3,000 some new regulations in a year is pretty amazing. Usually the number is way higher! And Trump has stopped or rolled backed some pretty significant regulations. The next President could put all of those right back, but there will be a political cost to do so all at once.

As a businessman, Trump directly felt the implications of the regulatory state. That’s a good thing - it led him to make some decent appointments to lead a few agencies that write regulations like they’re getting paid by the letter.

Now, it doesn’t make me gaga like dannno, but you gotta give credit where it’s due. Obama did a few good things too.

[Anti Federalist]

Yep. As much as he’s anti-liberty on a whole host of issues, Trump deserves a lot of credit on this one.

The long term impact is pretty minimal because you’d really need Congress to act, but 3,000 some new regulations in a year is pretty amazing. Usually the number is way higher! And Trump has stopped or rolled backed some pretty significant regulations. The next President could put all of those right back, but there will be a political cost to do so all at once.

As a businessman, Trump directly felt the implications of the regulatory state. That’s a good thing - it led him to make some decent appointments to lead a few agencies that write regulations like they’re getting paid by the letter.

Now, it doesn’t make me gaga like dannno, but you gotta give credit where it’s due. Obama did a few good things too.

Yes, this is my view as well.

[CCTelander]

I'll go on record here giving Trump credit for this. It's a major positive.

But as far as I'm concerned it isn't nearly enough to counterbalance the serious negatives. Raises his grade a little but he still fails overall.

[dannno]

I'll go on record here giving Trump credit for this. It's a major positive.

But as far as I'm concerned it isn't nearly enough to counterbalance the serious negatives. Raises his grade a little but he still fails overall.

Compared to what?

[Origanalist]

Compared to what?

Compared to what he could do as opposed to what he has done. Pretty simple.

[nikcers]

Rand Paul would of took a chain saw to the tax code :D

[r3volution 3.0]

No, Trump is not "destroying regulations."

He's making barely noticeable cosmetic changes.

The regulatory state, costing about $3 trillion per year in pure waste, continues.

[kcchiefs6465]

Lol

[Jamesiv1]

Feel the Greatening.

[enhanced_deficit]

Amazing!!




Yea it is. The give n take of regulations that is.

Gun control measures proposed by Trump, lawmakers
Fox News-7 hours ago

President Trump Pitched Tariffs to Republican Donors

Trump finalizing opioid plan that includes death penalty for drug dealers (http://www.ronpaulforums.com/showthread.php?520424-Trump-finalizing-opioid-plan-that-includes-death-penalty-for-drug-dealers&)


Trump accused of destroying war regulations that protected lives of civilians
https://theintercept.com/2018/02/22/civilian-casualties-soared-in-iraq-and-syria-in-2017-was-trumps-bloodthirsty-rhetoric-to-blame/

[RonZeplin]

Let's not forget the additional regulations, like things that increase the rate of fire on guns.

1) Bump Stocks
2) Crank fire
3) Gun Oil
4) Little red wagons for hauling ammo
5) Cleaning your guns
6) Etc.

[dannno]

Yea it is. The give n take of regulations that is.

Gun control measures proposed by Trump, lawmakers
Fox News-7 hours ago


Let's not forget the additional regulations, like things that increase the rate of fire on guns.

1) Bump Stocks
2) Crank fire
3) Gun Oil
4) Little red wagons for hauling ammo
5) Cleaning your guns
6) Etc.

Um, ya, those things aren't actually going to happen though. The things in the video happened.

[juleswin]

No, Trump is not "destroying regulations."

He's making barely noticeable cosmetic changes.

The regulatory state, costing about $3 trillion per year in pure waste, continues.

This, for me, I look at the man and what he stands when I am trying to assess the policies he championed. Because for one, I do not have a list of the regulations he is repealing and secondly I do not know the weight of the one he is adding. For example he repealed the obamacare mandate that he repealed. For one, I am very happy about this repeal. The problem is that he did not repeal the regulation that required insurance companies to charge the same for both men and women and it did nothing about the mandate that required insurance companies to serve everyone including ones with pre existing conditions..

The problem comes when these companies start hurting because of the part he did not repleal, they will come to Trump and ask for more goodies and the last time companies were looking for a handout, Trump supported it.

So no, I cannot give him any credit yet. It is too early in the game to start singing anyone's praises

[klamath]

Honestly Bullshit. Trump is pushing one of the biggest deep state regulation increase in decades. Research Kill Quill and see what Trump has in mind for small businesses.

[CCTelander]

No, Trump is not "destroying regulations."

He's making barely noticeable cosmetic changes.

The regulatory state, costing about $3 trillion per year in pure waste, continues.


If this is true, I'd have a very different opinion than posted above. Any sources for this?

[Ender]

If this is true, I'd have a very different opinion than posted above. Any sources for this?


Search Results
What Trump has undone - The Washington Post
https://www.washingtonpost.com/news/politics/wp/2017/08/.../what-trump-has-undone/
Aug 24, 2017 - 20, Trump's administration has enthusiastically and systematically undone or uprooted rules, policies and tools that predated his time in office. Below, a list of those ... Removed information about worker injuries from the Occupational Safety and Health Administration website. Killed a rule mandating that ...


So, What Regulations Did Trump Eliminate? | Competitive Enterprise ...
https://cei.org/blog/so-what-regulations-did-trump-eliminate
Dec 27, 2017 - But the question has come up over which regulations, exactly, did he get rid of. And of the ones that Trump added—were they expensive? What has clearly happened is that the flow of new regulations has dropped greatly. For starters, the Trump Administration withdrew or delayed 1,579 Obama rules that ...


67 Environmental Rules on the Way Out Under Trump - The New York ...
https://www.nytimes.com/interactive/2017/10/.../trump-environment-rules-reversed.html
Oct 5, 2017 - To date, the Trump administration has sought to reverse more than 60 environmental rules, according to a New York Times analysis, based on research .... Arguing that they no longer warranted protection, the Trump administration removed a number of species from the endangered and threatened species ...

Trump Says His Regulatory Rollback Already Is the 'Most Far-Reaching'
https://www.nytimes.com/2017/12/14/us/politics/trump-federal-regulations.html
Dec 14, 2017 - “We are just getting started,” Mr. Trump said, speaking from the Roosevelt Room of the White House. He described progress so far as the “most far-reaching regulatory reform” in United States history, a claim he did not back up. “We have decades of excess regulation to remove,” he added. “To help launch ...


Trump Takes Credit for Killing Hundreds of Regulations That Were ...
https://www.bloomberg.com/.../trump-takes-credit-for-killing-hundreds-of-regulations...
Dec 11, 2017 - “In the history of our country, no president, during their entire term, has cut more regulations than we've cut,” President Donald Trump said last month. .... rules and interviewed agency officials and experts to assess the list of 860 ones Budget Director Mick Mulvaney said the administration had “removed or ...


Wilbur Ross: Donald Trump has removed, changed over 800 Obama ...
https://www.washingtontimes.com/.../wilbur-ross-donald-trump-has-removed-changed...
Oct 13, 2017 - Commerce Secretary Wilbur Ross said Friday that President Trump is "systematically" removing hundreds of regulations put in place by the Obama administration.


A Running List of How Trump Is Changing the Environment
https://news.nationalgeographic.com/.../how-trump-is-changing-science-environment/
Feb 28, 2018 - EPA DROPS DELAY OF OBAMA-ERA OZONE STANDARDS. August 2, 2017. In an about-face spurred by a 16-state lawsuit, the Trump administration EPA has dropped its decision to delay Obama-era regulations on ozone. The potent lung irritant forms when strong sunlight irradiates emissions from ...


10 Obama regulations Trump has overturned - Yahoo
https://www.yahoo.com/.../10-obama-regulations-trump-overturned-2-120614588.ht...
Dec 22, 2017 - Trump's executive-order counteroffensive carries more than mere symbolic value and represents a dramatic policy shift that will impact the nation and the world for years to come.


Has Trump Killed More Regulations Than Any Other President ...
https://www.scientificamerican.com/.../has-trump-killed-more-regulations-than-any-ot...
Feb 1, 2018 - The story of President Trump's energy policy centers on removing regulations. He says he's good at it—even the best. "We have eliminated more regulations in our first year than any administration in history," Trump said in his first State of the Union address (Climatewire, Jan. 31). That's not necessarily true.


Trump's war on regulations comes with big tradeoffs - Aug. 17, 2017
money.cnn.com/2017/08/17/news/economy/trump-deregulatory-war.../index.html
Aug 17, 2017 - They will harm the economy. Regulations have net benefits and removing them will make us poorer, and worse off." Crib bumpers and silica dust. Rollbacks proposed by Trump will touch the lives of everyday Americans. He's halted a bid to address risks of bumpers on baby cribs that have been known to ...

[acptulsa]

"We have eliminated more regulations in our first year than any administration in history," Trump said in his first State of the Union address

Not even close. When Harding took over, we had full-blown socialism. Wilson had nationalized the railroads, for God's sake.

It did not take Harding and Coolidge a year to undo all of that.

[Ender]

Not even close. When Harding took over, we had full-blown socialism. Wilson had nationalized the railroads, for God's sake.

It did not take Harding and Coolidge a year to undo all of that.

Harding was one of the best & the most forgotten president the US ever had. People only remember the Teapot Dome Scandal which Harding had nothing to do with.

[euphemia]

Not even close. When Harding took over, we had full-blown socialism. Wilson had nationalized the railroads, for God's sake.

It did not take Harding and Coolidge a year to undo all of that.

That was then. Are you really comparing almost 100 years ago to now?

[Ender]

That was then. Are you really comparing almost 100 years ago to now?

Absolutely.

The FED had been organized, WWI had devastated much of the world, the US was now being run by corporate elite, a huge depression was in the making. Hardly different than today.

Harding turned it around by understanding real economics and what a republic actually was.

[Origanalist]

That was then. Are you really comparing almost 100 years ago to now?

Basic principles don't change.

[The Northbreather]

Nice.

Hopefully he deregulate as much as he can and then right before his final term ends he take some measures to limit the power of the office.

Wishful thinking

[acptulsa]

That was then. Are you really comparing almost 100 years ago to now?

Why not?

The problems are the same. And everyone knows the solutions are the same, or Trump wouldn't be bragging so hard about halfass playing at the solution (which, admittedly, is better than any president has done in the last ninety years--damnation with very faint praise).

So why the hell not. Why do you ask? Do you believe government has gone from being the problem to being some kind of solution in the last century? What?

[r3volution 3.0]

If this is true, I'd have a very different opinion than posted above. Any sources for this?

As of the latest official report (https://www.reginfo.gov/public/pdf/eo13771/FINAL_TOPLINE_All_20171207.pdf), Trump's "deregulation" amounts to a savings of $570 million per year.

The total cost of regulation is well above (http://www.nam.org/Data-and-Reports/Cost-of-Federal-Regulations/Federal-Regulation-Executive-Summary.pdf) $2 trillion per year.

At this rate, the regulatory burden will be halved by c. 3772 AD.

[dannno]

As of the latest report (https://www.reginfo.gov/public/pdf/eo13771/FINAL_TOPLINE_All_20171207.pdf), Trump's "deregulation" amounted to a savings of $570 million per year.

The total cost of regulation is well above (http://www.nam.org/Data-and-Reports/Cost-of-Federal-Regulations/Federal-Regulation-Executive-Summary.pdf) $2 trillion per year.

According to Reason it is around $8 billion.

I'll bet the report you are looking at is just government costs or something, which as you know does not amount to $2 trillion... $2 trillion is the cost of regulations to businesses which is difficult to calculate.

[r3volution 3.0]

According to Reason it is around $8 billion.

I'll bet the report you are looking at is just government costs or something, which as you know does not amount to $2 trillion... $2 trillion is the cost of regulations to businesses which is difficult to calculate.

A. Reason is using the same source as I am. $8 billion is the present value of $570 million per year. Look at the document I linked.

B. These are estimates of the economic cost of regulations, not of the budgetary cost.

[dannno]

A. Reason is using the same source as I am. $8 billion is the present value of $570 million per year. Look at the document I linked.

B. These are estimates of the economic cost of regulations, not of the budgetary cost.

Next year is expected to go down to $10 billion ($687 million NPV)

Pretty good considering it has all been going up year after year, for decades.

I like the video in the OP because it discusses a lot of other important regulatory reforms that may not have immediate measurable fiscal impacts to the budget, but will no doubt improve the lives of Americans.

[r3volution 3.0]

Next year is expected to go down to $10 billion ($687 million NPV)

Pretty good considering it has all been going up year after year, for decades.

I like the video in the OP because it discusses a lot of other important regulatory reforms that may not have immediate measurable fiscal impacts to the budget, but will no doubt improve the lives of Americans.

If you want to compare apples to apples, you should:

Compare the per year Trump savings ($570 million) to the per year total costs ($2+ trillion)

OR

Compare the present value of the Trump savings ($8 billion) to the present value of total costs (~$28 trillion**)

**That's using a 7% discount rate and infinite time horizon, as the official report uses to determine present value of the Trump savings

However you slice it, it's laughably inadequate: good for nothing but conning rubes (..ahem).

[dannno]

If you want to compare apples to apples, you should:

Compare the per year Trump savings ($570 million) to the per year total costs ($2+ trillion)

OR

Compare the present value of the Trump savings ($8 billion) to the present value of total costs (~$28 trillion**)

**That's using a 7% discount rate and infinite time horizon, as the official report uses to determine present value of the Trump savings

However you slice it, it's laughably inadequate: good for nothing but conning rubes (..ahem).

Sorry, I drastically prefer a decrease in regulations, lower income taxes, lower corporate taxes and no more healthcare mandate to your queen bitch who would have raised all of those things..

And at least a guy can't get kicked out of college now without due process just because some drunk slut came onto him when they were drunk..

[r3volution 3.0]

I'd prefer that libertarians didn't fall for the leftist, government-growing President's attempts to market himself as a conservative reformer.

[r3volution 3.0]

Basic principles don't change.

But but, they didn't have 4G, ---> communism.

No?

[Raginfridus]

Sorry, I drastically prefer a decrease in regulations, lower income taxes, lower corporate taxes and no more healthcare mandate to your queen bitch who would have raised all of those things..

And at least a guy can't get kicked out of college now without due process just because some drunk slut came onto him when they were drunk..Yes, at least there's that.

Rock her box and change the locks.