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Friday, February 03, 2017

New Trump Order Mandates Two Regulations Cut for Every New Regulation

On Monday, President Donald Trump signed an executive order mandating that for every new regulation issued by any executive agency, two regulations must be eliminated, offsetting the cost of any new regulation to "zero."

"This will be the biggest such act that our country has ever seen," the president declared right before signing the order. "There will be regulation and control," he promised, "but it will be normalized control where you can open your business and expand your business very easily, and that's what our country has been about."

Trump signed the order in front of a group of small business owners, following a listening session beforehand.

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1 comment:

Anonymous said...

I have been traveling in Latin America for 30 years. I am always amazed at how capitalism flourishes when there are few regulations. People on every street corner selling things, cooking food, repairing cars- It's beautiful! Sprawling construction sites enencumbered by all of the "safety" regs we deal with. Huge Chinese logging operations clear cutting the forests without the environmental regs slowing them down. Police there are free to use fatal force on perps without fear of censure. Make America Great Again!