Larry Kudlow: Let’s not forget the economic benefits of deregulation

If you do not see it, please return and read the printed version of The Saturday Wall Street Journal, entitled “Trump is consumed in a” new high water sign “to cancel regulatory restrictions.” It is an incredibly important news story that was almost ignored.

This piece talks about reducing environmental rules, supervising banks, removing barriers that prevent encrypted currencies, and reflecting the Bidens war against fossil fuels. In one day, the Environmental Protection Agency announced 31 measures to cancel the organization of American environmental policies, including the rules of the power and oil and gas manufacturers, electric cars and wastewater.

A big hat for the Wall Street Journal to play this story. President Trump has issued 107 executive requests in 67 days. More than any other president in history, many of these orders have been liberated from the economy. The president himself has often suggested that lowering regulations is more important than lowering taxes. I will keep the ruling on this ruling, but his point of view is well taken: the dropping of organizational barriers is a boom in commercial and economic growth.

Reducing organizational costs is especially useful for small businesses that do not have financial resources to employ a legions of accountants, lawyers and pressure groups to fight uncle Sam. The Wall Street Journal story accelerates the Supreme Education Council, which is back away from the bases of Biden, the “New Climate Deal” (currency observer in Biden, and the Federal Reserve Supervisors were paying ESG and Dei instead of bank loans).

In fact, the appointment of Michelle Buman as a new president to the Federal Reserve to oversee the bank is an additional advantage: it is likely to reopen the door for old commercial and industrial loans, which have been very rare in recent years, especially for medium and small companies. It will stop war against fossil fuels.

In addition, the interior, housing and urban development departments aim to simplify regulations to stimulate housing building on millions of acres of federal lands.

Returning to President Trump’s impressive size of executive orders, it aims to put his transformative character on many major areas of American life: economy, trade, foreign policy, army, energy, culture, borders and crime.

In each case, its focus on the behavior of sound logic, and making America a better place to live, work, raising the family and pride in our national heritage.

Good for him.