tomder55
Jun 30, 2023, 04:37 AM
disclaimer ... 'The Committee to Unleash Prosperity ' is a group founded by the top 'supply side ' economists in the country.
Their report is eye opening .
CTUP_BurdenisBack_ComparingRegulatoryCosts.pdf (committeetounleashprosperity.com) (https://committeetounleashprosperity.com/wp-content/uploads/2023/06/CTUP_BurdenisBack_ComparingRegulatoryCosts.pdf)
According to the report researched and written by Casey Mulligan, a professor of economics at the University of Chicago..... Since Clueless Joe became President ; new regulations has cost each American household on average almost $10,000 more .
The added costs from these Biden-era final rules, which include both their current and expected future costs, amount to almost $10,000 per household. If regulatory costs continue to rise at the same rate as they did during the Obama administration, the total costs of Biden's rulemaking over an eight-year period would almost reach $60,000 per household
Clueless "has so far been adding regulatory costs at a rate of $617 billion per year of rulemaking.” .....totaling $7 trillion !!!
The report notes that the Trump Adm. added new rules at a faster rate . But they did not cost as much. To his credit ,Trump's deregulation efforts saved $11,000 per household during his term.
“President Trump showed that regulatory costs can be subtracted rather than perpetually added,” “Eight years would have saved a total of more than $21,000, which is a gap of $61,000 to $80,000 from the Biden trajectory.”
Let's hear it for Bidenomics !!!!
Their report is eye opening .
CTUP_BurdenisBack_ComparingRegulatoryCosts.pdf (committeetounleashprosperity.com) (https://committeetounleashprosperity.com/wp-content/uploads/2023/06/CTUP_BurdenisBack_ComparingRegulatoryCosts.pdf)
According to the report researched and written by Casey Mulligan, a professor of economics at the University of Chicago..... Since Clueless Joe became President ; new regulations has cost each American household on average almost $10,000 more .
The added costs from these Biden-era final rules, which include both their current and expected future costs, amount to almost $10,000 per household. If regulatory costs continue to rise at the same rate as they did during the Obama administration, the total costs of Biden's rulemaking over an eight-year period would almost reach $60,000 per household
Clueless "has so far been adding regulatory costs at a rate of $617 billion per year of rulemaking.” .....totaling $7 trillion !!!
The report notes that the Trump Adm. added new rules at a faster rate . But they did not cost as much. To his credit ,Trump's deregulation efforts saved $11,000 per household during his term.
“President Trump showed that regulatory costs can be subtracted rather than perpetually added,” “Eight years would have saved a total of more than $21,000, which is a gap of $61,000 to $80,000 from the Biden trajectory.”
Let's hear it for Bidenomics !!!!