by Bob Adelmann, The New American
Speaking on the South Lawn of the White House recently, President Trump celebrated his administration’s success in rolling back regulations that were stifling the economy under the previous administration:
“Before I came into office, American workers were smothered by a merciless avalanche of wasteful and expensive and intrusive federal regulations.”
He has promised that, if elected, his administration would roll back two regulations for each new one proposed. But his administration has greatly exceeded that promise, he said, by rolling back nearly eight regulations for every new one enacted. Said the president: “What an incredible achievement!”
Sounding like a politician on stump, the president ticked off a few of the regulations that his administration has either softened or removed altogether: the rollback of vehicle emissions standards which reduce the cost of a new car by an estimated $2,200; cutting the time for environmental assessments from four and a half years to just one year; and the deregulation of prescription drugs.
He also allowed incandescent light bulbs to be sold again: “I brought them back. They have two nice qualities: they’re cheaper and they’re better. They look better. They make you look so much better. That’s important to all of us.”
Overall, said the president, his administration’s success in rolling back regulations is adding an estimated $3,100 a year to each household’s income. He added: “The previous administration added over 16,000 pages of heavy-handed regulations to the federal register. That’s why nothing got done. Under my administration we have removed nearly 25,000 pages of job-destroying regulations, more than any other president by far in the history of our country.”
© The New American