11/14/2017

Trump Attack On Regulations Starts To Win Admiration Both At Home And Abroad

Ira Stoll, New York Sun

President Trump, in a “brief telephone call” with the New York Times earlier this month, listed “what he saw as his biggest accomplishments, including a focus on deregulation.” The Times relegated the mention of deregulation to a paragraph low down in the story, which itself ran inside the newspaper rather than on the front page.

Click Image to Enlarge It wouldn’t be the first time that the elite press or its readership made the mistake of failing to pay attention to, and to actually hear, what Trump is saying. More sophisticated observers are starting to take note.

The Economist, in a piece published last month, reported, “the impact of the Trump administration has been dramatic. The flow of new rules is suddenly a dribble. Since Mr Trump was inaugurated the number of regulatory restrictions has grown at about two-fifths of the usual speed.”

The British newsmagazine, which is not generally a Trump cheerleader, praised the administration’s approach to financial deregulation as “thoughtful...detailed and rigorous.” It reported, “the new approach in Washington does seem to have boosted business confidence.”

In rolling back regulation, Mr. Trump is focusing on a real problem. The Mercatus Center at George Mason University captures the growth of federal red tape with a thought experiment explaining the difficulty of even reading, let alone complying with, the government imposed rules.

Read full article



You May Also Like:

Here’s To Another Year Of American Hilarity George Will, National Review

'Black Friday' Entertainingly Mocks A Confused Federal Reserve John Tamny, RealClearMarkets

ObamaCare’s Death Payments The Wall Street Journal

Michael Flynn Made A Move That Indicates He May Soon Cooperate With The Mueller Probe David Choi, Business Insider

Trumps Spend Thanksgiving Serving Meals To Active Duty Armed Forces Benny Johnson, Daily Caller

Why, Exactly, Are Democrats Opposed To Trump's Tax Reform Bill? Weekly Standard

Fusion GPS Paid Journalists, Court Papers Confirm Todd Shepherd, Washington Examiner

How Free Trade Helps Americans Have Higher Incomes And More Jobs Patrick Tyrrell, Daily Signal

Seattle's Income Tax On 'The Rich' Has Collateral Damage: The Poor Brian T. Hodges, American Thinker

Is Health Care A Human Right? Trevor Burrus, Foundation for Economic Education

I Got Fired For Calling Out Liberal Hypocrisy On Clinton Accusers Larry Elder, RealClearPolitics

NFL Ratings Slide Is Getting Worse, With No End In Sight Warner Todd Huston, Breitbart

Sarah Silverman: I ‘Fell In Love’ With Trump Voters While Traveling Across Country Andrew Mark Miller, American News

The Administrative State Under Siege Francis Menton, Manhattan Contrarian

How Grocery Stores Got Good Steven Horwitz, Reason

For More go to the Home Page >>>

Search

Bookshelf

FreeMarket Central

Some titles recent, all recommended -

Special Video Feature

FreeMarket Central

Voices From The 2017 International Students For Liberty Conference

In Search Of History

When America Was Truly The Land Of Opportunity

For [early immigrants] America was truly the land of opportunity. For the first time in their lives, many were truly free to pursue their own objectives. That freedom released the human energies which created the United States. There were few government programs to turn to and nobody expected them. But also there were few rules and regulations. There were no licenses, no permits, no red tape to restrict them. They found, in fact, a free market, and most of them thrived on it. 

-- Milton Friedman,

Shadow Stats Snapshot


FreeMarket Central

ShadowStats alternate economic indicators are based on the methodology of noted economist John Williams, specialist in government economic reporting.

  • Unemployment:
    FreeMarket Central BLS: 4.1%
    FreeMarket Central Shadow Stats: 21.6%
  • Inflation:
    FreeMarket Central October Year-to-Year: 2.23% (CPI-U*)
    FreeMarket Central Shadow Stats: 10.0%

*[cpi-u is the Bureau of Labor Statistics inflation rate for all urban consumers]