It’s a simple concept, but one that Barack Obama failed to grasp. Either that, or he purposely hobbled America’s economy.
Thankfully, President Trump is a businessman first, and in just six short months has managed to put America’s economy back on track.
Trump is off to a great start reversing the damage done by Obama by simply NOT imposing additional regulations on businesses.
Our entire economy is built upon private business. But a socialist like Obama can’t understand that, and so during Barry’s first six months in office, his draconian regulations cost American businesses a whopping $4.2 BILLION.
By contrast, Trump has SCALED BACK regulations, saving American businesses an incredible $4 BILLION.
A report by the American Action Forum explained:
The results are substantial. New regulatory burdens are a fraction of those established under President Obama’s first six months; overall regulatory volume has slowed to historically low levels; and a number of notable deregulatory measures have been initiated.
Compared to the Obama administration, the Trump administration has imposed: 1/20th of the lifetime costs, 1/11th of the annual costs, and 1/8th of the paperwork. With nearly 6 million fewer paperwork burden hours, that amounts to the workload savings of roughly 3,000 full-time employees.
Man, it’s good to have a businessman in the White House.
(via: Conservative Post)