Friday, June 16, 2017

Donald Trump's deregulation boosts manufacturing confidence - Washington Times

Donald Trump's deregulation boosts manufacturing confidence - Washington Times:

"The National Association of Manufacturers said the Trump administration’s deregulations have played a major role in boosting business confidence to a 20-year high.
“One of the biggest changes is the trajectory of regulatory burdens over the course of this presidency,” said Rosario Palmieri, the association’s vice president of labor, legal and regulatory policy.
Image result for flickr commons images Help Wanted SignsHe pointed to Mr. Trump’s executive order that required every new regulation to be accompanied by the elimination of two regulations, resulting in a net reduction in regulations for the first time in U.S. history.
“That’s the most significant change of direction in policy that we’ve ever seen,” he said. “It is already having an effect, but you’re likely to see more of an effect in future years as these deregulatory actions take place.”
Mr. Trump went after federal regulations as soon as he took office. It was one of the few areas where Democrats couldn’t block him. With the help of Republican majorities in both chambers, the rarely used Congressional Review Act allowed him to put the brakes on 14 rules adopted in the final days of the Obama administration."

No comments: