Despite the Coronavirus shutdowns of the spring, the economy is rebounding at a healthy pace.
One of the reasons this is happening, is because President Trump is doing everything he can to get government out of the way.
He talked about it at a press conference this week.
From the White House:
Remarks by President Trump on Rolling Back Regulations to Help All Americans
THE PRESIDENT: Hello, everybody. (Applause.) Thank you. Thank you very much, everybody. Please. That’s a nice crowd on a nice, cool day. (Laughter.) It’s beautiful, though. Might be hot, but it’s beautiful.
We’re here today to celebrate and expand our historic campaign to rescue American workers from job-killing regulations. Before I came into office, American workers were smothered by a merciless avalanche of wasteful and expensive and intrusive federal regulation.
These oppressive, burdensome mandates were a stealth tax on our people — slashing take-home pay, suppressing innovation, surging the cost of goods, and shipping millions of American jobs overseas — millions and millions and millions. It never ended.
Nearly four years ago, we ended this regulatory assault on the American worker, and we launched the most dramatic regulatory relief campaign in American history by far. No other administration has done anywhere near. (Applause.) Thank you.
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At the heart of this effort was a revolutionary promise: For every one new regulation issued, we pledged that two federal regulations would be permanently removed.
We not only met that ambitious goal — which, at the time, people said was impossible — we vastly exceeded it. For every one new regulation added, nearly eight federal regulations have been terminated. (Applause.) Been an incredible achievement.
As you can see behind me, we have removed the gigantic, regulatory burden Americans have been forced to carry for decades, freeing our citizens to reach their highest potential. Our historic regulatory relief is providing the average American household an extra $3,100 every single year. And we’re going up from that number. (Applause.) We’re going up from that number. Think of that: $3,100 per household.
See the video below:
President @realDonaldTrump has removed nearly 25,000 pages of job destroying regulations, more than any other president in history! pic.twitter.com/0wjFMQJJUC
— Team Trump (Text TRUMP to 88022) (@TeamTrump) July 16, 2020
The economy is on pace to get back to where we were before the pandemic began.
That’s great news for everyone, except maybe the Democrats.
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