Despite Legislative Setbacks, Trump Winning War on Regulations

In the first place, the administration isn’t producing a ton of new regulations.

“By virtually any measure, dating back through two Democratic presidents and one Republican president, the lack of regulatory output is historic,” states a recent study by the American Action Forum, a right-leaning think tank.

THIS! is what I voted for.

Better still, the White House team have been busy nixing regulations.

Under the Trump administration, 64 percent of reviews by the Office of Information and Regulatory Affairs “have resulted in withdrawn rules,” which compares with withdrawal rates of 25 percent in 2009 and 55 percent in 2001, the report says. Both 2001 and 2009 were the first years of the prior two administrations.

Perhaps the biggest achievement of all is that the cost of introduced regulations was a fraction of those in past periods. This time the AAF reviewed data for the years 2005 through 2017.

“There have been $4.2 billion in regulatory costs since January 23, 2017,” the report states. “The 2005 to 2017 average is $26 billion.” Figures include the costs of independent agencies.

Or put another way, costs imposed by the administration are running at just 16 percent of the historical norm.

Why did we wait so long before electing a businessman as President?   If Donald Trump had been President in 2010 I might not have retired six years early.