This president has a been a breath of fresh air when it comes to regulations, gleefully chucking away hundreds of pages of them at a time. It’s really nice to see Republicans learning how to play the "never let a crisis go to waste" game for once, but focusing the effort on something that’s actually good for the country, like a sweeping effort to wipe out business-crushing regulations.
Tyler wrote a great piece about the move yesterday and has more here:
On Tuesday, President Donald Trump signed an executive order that gives his cabinet "tremendous power to cut regulation." The order gives America’s flailing economy, still half-shuttered by the coronavirus crisis and government lockdowns, important relief as the effort to reopen picks up steam in different states.
Trump signed the order in a cabinet meeting. Before he signed the order, he explained that it involves "instructing federal agencies to use any and all authority to waive, suspend, and eliminate unnecessary regulations that impede economic recovery."
This provides a stark contrast in the ways that Republicans and Democrats would prefer to "help" businesses and industries during this crisis.
The Democrats would prefer a seemingly endless series of bailouts and loans, all of which would make businesses beholden to the federal government.
By making over-regulation Public Enemy Number One, President Trump’s Republican party wants to remove layers of federal chains that they believe would hinder a recovery that absolutely cannot take too long if people’s lives aren’t going to be permanently ruined. If the government intervenes by getting government out of the way so that people can make more money then I’ve finally found some government interference that I like.