Just like his first term.Heineken-Ashi said:Trump has repeatedly harped on GUTTING regulations and incentivizing companies to invest and build in America. Bessent is deeply focused on getting rates down. It's all tied together strategically.GarlandAg2012 said:How does this happen without government action? Companies will either need cheap financing (ie low rates) or special loans/handouts from the government (more deficit). We don't have either of those.Tex100 said:
The goal is to get more stuff made in the US, is it not?
Some companies have been hoarding cash, like in the tech space, but I don't know that industrial manufacturers have been, especially since things are still not 100% normal after COVID. Raw material costs have been high. I don't think Apple is going to spin up a steel mill or engine manufacturing plant...where is the CAPEX for all this growth going to come from?
President Trump accomplishments
quote from the article
- Massive Deregulation
Ended the regulatory assault on American Businesses and Workers. - Instead of 2-for-1, we eliminated 8 old regulations for every 1 new regulation adopted.
- Reduced the direct cost of regulatory compliance by $50 billion, and will reduce costs by an additional $50 billion in FY 2020 alone.
- Removed nearly 25,000 pages from the Federal Register more than any other president. The previous administration added over 16,000 pages.
- Established the Governors' Initiative on Regulatory Innovation to reduce outdated regulations at the state, local, and tribal levels.
- Signed an executive order to make it easier for businesses to offer retirement plans.
Among the latter, under pretence of governing they have divided their nations into two classes, wolves and sheep.”
Thomas Jefferson, Letter to Edward Carrington, January 16, 1787
Thomas Jefferson, Letter to Edward Carrington, January 16, 1787
