We can all look back with nostalgia at the prosperity and low inflation we enjoyed under President Trump. One of the keys to that prosperity was deregulation that allowed business and the economy to grow.
In January 2021, Forbes reported:
According to the administration, agencies in the 2020 fiscal year issued 145 deregulatory actions and 45 significant regulatory actions, for an out-to-in ratio of 3.2 to one.
Of those deregulatory actions, 58 were deemed “significant” by agencies and the administration. Comparing significant-in to significant-out still gives a ratio of 1.3 to one.
This regulatory streamlining requirement was one of the earliest 2017 moves of the Trump administration, put in place by Executive Order 13771. A Biden administration will kill it on “Day One,” as the incoming supervisors like to say.
We have now had three plus years of the Biden administration’s economic policies. It has been a tough three plus years.
On Monday, Blaze Media reported the following:
A group of black voters told MSNBC last week why they are considering voting for Donald Trump in the 2024 election.
Reporting from Charleston, South Carolina, MSNBC correspondent Trymaine Lee spoke with black voters in a barbershop and discussed the “appeal” Trump has over President Joe Biden with black men specifically.
- Thomas Murray: “I just think that Donald Trump, in spite of all the craziness he may have in his head, reading some of the things that he talks about with business, I can kind of agree with as far as business-wise because I’m trying to grow my business. As far as Biden, I haven’t seen Biden really care about business like that. And my concern is having my business, so that I can build generational wealth, so my kids can see and have something to take upon when I’m not here.”
- Kinard Givens: “A lot of my friends we’ve only voted once, and Trump is kind of all we know — Trump and Biden. And they’re like, ‘Well, we were broke with Biden. We weren’t with Trump.’ And that’s kind of the only thing that I’m hearing over and over again is that ‘with Trump, we had money.'”
- Juston Brown: “A lot of people admire the persona and they want to be him. They want to enjoy the perks that he has. He seems to always be able to circumvent the rules.”
- Anthony Freeman: “Donald Trump has a reputation of being the money man.”
As James Carville stated in 1992, “It’s the ECONOMY, Stupid!” That statement still holds true today.