Excessive government regulations stand in the way of business and job creation. This is something Donald Trump understands. President Reagan understood it as well and luckily, Trump is following in his footsteps.
The Washington Examiner reports:
Trump delivering biggest cut in regulations since Reagan
It was odd that a seemingly boring campaign line calling for fewer federal regulations would win applause, but candidate Donald Trump’s promise was cheered so loudly last year that President Trump made it an early priority in his administration.
And it appears that he is delivering big time, especially on his pledge to kill two regulations for every new one issued. According to a tally provided by the free-market Competitive Enterprise Institute, the president has issued fewer rules than any other president since Ronald Reagan and cut the costs of those regulations significantly.
The American Action Forum, a conservative think tank that charts federal policy and rules, called Trump’s regulatory freeze “historic.”
CEI’s Clyde Wayne Crews Jr. said federal agencies haven’t seen such a shift away from red tape since former President Ronald Reagan arrived in Washington in 1981.
Obama enacted a ton of regulations just before leaving office but Trump is systematically cutting them all back. This will have a positive effect on the economy and will help create more jobs.