One of the best things that President Donald Trump has done while in office is to begin dismantling Obama’s massive regulatory state. But now, a new study shows that Trump’s efforts will help Americans’ household income to soar.
What more do we need to give him a second term in the White House?
President Donald Trump’s policies are slated to benefit every American household to the tune of $3,100 annually, minimum, by the end of his second term.
“Since January 2017, there has been a historic effort to reduce costly regulation, while protecting workers, public health, safety, and the environment,” a report published by the White House Council of Economic Advisers concluded.
The council added that “estimates that after 5 to 10 years, this new approach to Federal regulation will have raised real incomes by $3,100 per household per year.”
CEA's new report finds that American households will save at least $3,100 per year thanks to @realDonaldTrump Administration's major deregulatory actions. Read more about the postive economic effects of deregulation here: https://t.co/QxRgvXqzNc
— CEA (@WhiteHouseCEA) June 28, 2019
The report continues noting that Trump has looked to seriously cut as much as he can — “significantly,” the report says — to take a major bite out of the deep state.
“These deregulatory actions are raising real incomes by increasing competition, productivity, and wages and by reducing the prices of consumer goods, while maintaining regulatory protections for workers, public health, safety, and the environment,” the report continues.
Naturally, the pushers of big government are furious at Trump’s deregulating. They rightfully know that it takes power away from Washington D.C. and gives it back to the people.
America should be all for this slashing of the deep state. Our founders would be disgusted and astounded by how much power our unaccountable government has stolen from the states and the people.
Few regulations are of vital importance. Instead of being for America’s benefit, they are, instead, aimed at benefitting the slugs, placemen, and hangers on who work, not for the American people, but for the lords of government that crave control over us all.
We need to re-elect Donald Trump so he can continue striking blows against the un-American deep state for the people of this nation.
Follow Warner Todd Huston on Twitter @warnerthuston.