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      Trump's great plan he touted during his entire campaign was to get rid of 75% of all the regulations we have in place. Of course Trump had no idea which regulations or why 75% was the chosen number but that was his big claim. The minute Trump got into office he started to get rid of one regulation after another claiming these regulations stifled the free market and held back profitability. Profitability for who? Then Trump went on to make another really stupid statement saying that for every new regulation passed two older regulations in place will be eliminated. Huh? That makes absolutely no sense at all. Of course Trump doesn't have a clue as to why regulations were put in place and by getting rid of so many regulations created problems we will feel the effects of for years or perhaps decades beyond his tenure in the oval office.


      They (Trump/GOP) say getting rid of regulations frees up businesses to be more profitable. Maybe. But regulations also protect you and me—from being harmed, fleeced, shafted, injured or sickened by corporate products and services.

      So when the Trump administration gets rid of regulations, top executives and big investors may make more money, but the rest of us bear more risks and harm.



      Here is a very simple explanation that even someone as dumb as Trump can understand. Regulations were put in place to protect people, people being our citizenry, from harm. That is it. Yes, that simple. You remove a regulation then we open the door for some dire consequences and potential harmful effects that could affect people for generations.


      Trump’s binge of deregulation is just another form of trickle-down economics—in which the gains go to the top, and nothing trickles down except risks and losses.



      https://www.truthdig.com/articles/robert-reich-exp...

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          Richard Caslon
          2 months ago

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          When it comes to business and the bosses of them, we need a lot more of them. Remember for each one he gets ride of is more money in his pockit.

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              Richard Caslon
              2 months ago

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              Regulations aren't inherently good or bad. They can be useless bureaucratic red tape and they can be manipulated by powerful businesses to stifle competition or political interests to advance agendas they can't advance through more democratic means (think abortion clinic "regulations" in Texas). In addition they can become outdated and ineffective. Or they can save lives, prevent injuries, disease, accidents, fraud or larceny.

              They're a tool that can be used for good or ill, but generally they are created for a reason. If the reason no longer applies, the regulation should go.

              I think Reich is right to caution against throwing the baby out with the bath water, and he's listed some examples of that, but there can be a point where regulations are counter productive, or just wrong headed.

              One thing to be wary of in the regulatory state is who is creating these regulations, whether they're accountable at all and, most importantly, whether there is any pubic input. I think we also need to be cautious of the legislature ceding its responsibility to unaccountable bureaucrats.

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                  tepake
                  2 months ago

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                  If a regulation is no longer valid than it should go but the ones we are seeing being eliminated have to do with banking procedures and related to toxicity in air and water standards.

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                      Richard Caslon
                      2 months ago

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                      for every new regulation passed two older regulations in place will be eliminated.

                      Claim the city/state eliminated the need to haul garbage out of NYC (eliminate two regulations to create one new regulation), thus they will dump at his building.

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                          Richard Caslon
                          2 months ago

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                          The epitomy of capitalism at its most overt. Indeed these persons reflect an entitled lot who suggest the constitution intended for us all to pursue capitalism. Like this. Like that. like zero regulations. No oversight.

                          Big worrisome question for me since my president wants to set aside all regulations and oversight and part waters so this can all happen as he promised on the campaign trail - if we are paying for the rights of the rich to get richer with skyward capitalism unchecked - how come indeed so very, very very little is tricking down?

                          And what happens when it all crashes? That's okay -because for as long as it lasted - the rich got richer?

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                              Dala Horse
                              2 months ago

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                                      Richard Caslon
                                      2 months ago

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                                      What will happen is somewhere in the US a company will poison a community. Regardless of how small or large it will be a big deal because people died, or are very sick. As soon as Government turns their nose up and then just tells the people to move so they can condemn the place people will revolt because everyone knows one accident is a lesson learned, but anymore is an abuse of power. People have already seen what neglect looks like in the US. Look at Flint, and Puerto Rico. Many of these Trump trumpeters are fixing to get a lesson in humanity, or lack of it when they lose their water or land.

                                      But the thing is though is the pollutants we can't see nor smell that can go on for years with the Government blessing in poor districts all over the US. We already have community cells that have cancer, lung disease, and unexplained deaths in our country. The Government does as little as possible for these areas. So I don't know how we will protect our communities from this day forward.

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                                          Ghostolini
                                          2 months ago

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                                          This better be our wake up call. We need to pull out the stops and make sure we get our base out and to the voting booth. If not, then we only have ourselves to blame because this sh*t is only going to get worse, not better.

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