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Thread: Trump significantly reduces federal regulatory growth in first six months

  1. #1

    Exclamation Trump significantly reduces federal regulatory growth in first six months

    This is an unequivocally good thing, and it's something that most certainly would not have happened under a Clinton presidency.

    Credit where it is due.



    Trump On Regulation: The First Six Months

    Dan Goldbeck

    With bold campaign promises and multiple executive orders (EO) , slowing down and rolling back the regulatory state has been one of President Trump’s most significant policy initiatives. Now that his administration has been in power for half of a year, it’s worth reflecting upon the progress the president has made on his regulatory promises. The results are substantial: new regulatory burdens are a fraction of those established under President Obama’s first six months; overall regulatory volume has slowed to historically low levels; and a number of notable deregulatory measures have been initiated.

    Regulatory Activity

    The following graph compares the regulatory records of Presidents Obama and Trump in their first six months. The figures below come from agency estimates and include all net burdens imposed by executive agencies from January 21, 2009 to July 21, 2009 for President Obama, and January 23, 2017 to July 23, 2017 for President Trump. (The relative start dates are different to allow for the first date in which each administration was in position to control which rules were officially published.) The figures do not include independent agencies as the administrations have no direct control over their rulemaking decisions.


    Comparison of Executive Agency Action in First Six Months

    Total Final Rule Costs:

    $24.4 Billion Obama $1.2 Billion Trump


    Annual Final Rule Costs:

    $4.2 Billion Obama - $378 Million Trump


    Paperwork Burden:

    6,803,249 Hours Obama - 848,239 Hours Trump



    Read more: https://www.americanactionforum.org/...#ixzz4pWB25pwF



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  4. #3

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    I saw a few headlines reading, "Trump has singed no significant bills into law".

    TPTB were portraying it as a negative, lol.

    Was thinking that this may be the best administration ever.

    Would also be nice if we could repeal laws and downsize govt but thats asking a lot.
    Last edited by unknown; 08-12-2017 at 10:39 AM.
    "An idea whose time has come cannot be stopped by any army or any government" - Ron Paul.

  5. #4

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    Thanks for posting this. While I cringe a lot over Trump, it is clear many of his campaign promises are being met. I would have loved to be a fly on the wall in his discussion with Mitch McConnell.
    "There are two freedoms - the false, where a man is free to do what he likes; the true, where he is free to do what he ought."~~Charles Kingsley

  6. #5

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    Assuming these numbers are on the up and up, agreed. Credit where it is due.

  7. #6

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    There's that damned depressing 'slowing the rate of growth' line again.

    They're not even throwing us a bone. But they aren't increasing the amount of meat they take off our plates quite as fast as they were. It's a start, but it ain't anything to write home about.

    How sad that we're reduced to being pleased by a 'slower rate of growth'. I remember back in the 1970s when people actually talked about stopping the truck and shifting it in reverse. My, how long ago that was!
    Last edited by acptulsa; 08-13-2017 at 03:12 PM.
    Quote Originally Posted by Zippyjuan View Post
    Inflation goes to sellers, not to the Fed. If inflation is two percent, the person you buy something from is charging you two percent more. He gets that money- not the Fed.
    The seller has to pay more 'dollars' to cover his expenses, and his expenses 'went up' because the dollar is worth less than it was yesterday, but it's the seller who raised the price--and the poor, beleaguered Fed and the banks that own it didn't get richer devaluing the 'dollar' by printing more of them?






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