“MAGAnomics”: President Trump Is Crushing Regulations Goals & Shredding Red Tape!

Published on July 21, 2017

He’s taking the leash off of our economy and letting it roar.
One more way the Anti-Obama is Making America Great Again.

Obama was a good ‘Community Organizer’; Trump is good at building successful enterprises.

One more marvelous way that Obama’s legacy is crumbling into dust… the legislative chains he bound us with are coming off.

They are coming off FAST, and the difference is YUGE! This is one key part of President Trump’s aggressive 3% growth targets.

Mulvaney said the Trump Administration’s economic plan can get the country back to 3% economic growth.

“MAGA-nomics, Make America Great economics,” Mulvaney said. “If we get a chance to put those policies in place, that comprehensive package of proposals the White House is coming up with, we do have a chance to get back to 3% growth.” — Fox

Executive Orders 13771 and 13777 require agencies to reduce unnecessary regulatory burden and to enforce regulatory reform initiatives. As a step in the right direction, the first five months of this Administration produced quantifiable annualized cost savings estimated at $22 million, compared to $6.8 billion in annualized costs due to rules finalized during last five months of fiscal year 2016.

The Agenda represents ongoing progress toward the goals of more effective and less burdensome regulation and includes the following developments:

Agencies withdrew 469 actions proposed in the Fall 2016 Agenda;
Agencies reconsidered 391 active actions by reclassifying them as long-term (282) and inactive (109), allowing for further careful review;
Economically significant regulations fell to 58, or about 50 percent less than Fall 2016;
For the first time, agencies will post and make public their list of “inactive” rules-providing notice to the public of regulations still being reviewed or considered.
— Gov’t Report

Yes. It’s a modern-day miracle: the government now has a mechanism for REDUCING regulations.

Share if you would like to see this trend continue.