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Overregulation Dialogue

After the 2016 presidential election, US stock markets reached all-time highs and even before Trump’s inauguration, the Dow Jones is about to cross 20,000 points for the first time. This is surprising because many economists proclaimed that if Donald J. Trump were elected, we would immediately enter a recession. Wow, a lot of talk and jokes with just empty thoughts I would say. How can this be, you ask? It’s simple, Trump said he would lower the corporate tax and reduce regulations. Sure, that would be enough, the economy will grow at 4-5%, in fact, we will have to worry about overheating, not slowing down. Even the Fed is already saying that they will need to raise rates soon. Even with the banking crisis in Italy and the challenges of the European Union.

The left tells us that we need all that regulation, but for my part, I completely disagree. The left says that business is dishonest, but I say what about the government and the system that we have created. What worries me is when special interests, lobbyists on the left or the right use regulations intended for other industries to force their competitors or anti-agenda organizations out of business. Overregulation is pervasive: OSHA is 56 stories tall of regulations if you stack each page on top of each other (2002 figure).

Businesses, non-profits, family farms, even our governments’ own agencies (at every level, down to park districts and autonomous HOAs) get caught up in this: creating inefficiencies and fostering cronyism (yes , both sides: workers, environmental activists, small businesses, corporations) that harms our economy, jobs, and living standards. It’s shocking our society with an ever-increasing amount of bureaucracy, it’s crazy. It’s no wonder companies want to leave: Plus, class action attorneys, insane tax code, job threats, and economic and bureaucratic uncertainty.

When the EPA is used to prevent coal plant EIRs from adding clean coal technologies to actually clean the air, we know that the agency has a political bias against coal, of course we know because Obama’s own words were : “We will regulate fossil fuels out of business” and you have tried it with a phone and a pen – worse, you have turned the EPA into the Gestapo and it no longer serves its original purpose, in fact, it may actually make the environment worse in the end – used batteries with heavy metals in our landfills, more birds killed by evaporative rays from wind and solar power plants, decreased crop production, more expensive greenhouse gases, such as etching compounds used to treat solar panels in the making, plus soot from the steel production of 400-foot wind turbine towers to reach the strongest winds. The hypocrisy is really infinite and the EPA absolutely useless.

In the age of YELP and the Internet, much consumer regulation is completely unnecessary: ​​if a business misleads consumers, it’s done anyway, problem solved. When companies are forced through a politically correct agenda to do business a certain way, many cannot survive in the free market. If those who feel this way about politically correct things vote with their dollars, then business will change; if not, it’s probably not that big of an issue anyway, but if a politically correct individual thinks it is, they can start a business and compete directly – if they’re right, they win in profits, if they don’t go bankrupt – this it is the best way for a society to vote – vote with your dollars not with false propaganda or use of a great government threat.

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