‘Game changing’ move a ‘break with 40 years of conservative policy’
By Art Moore
Published January 31, 2021 at 12:07pm
Along with tax cuts, a foundation of the economic policy that led to a roaring economy before the COVID-19 pandemic lockdowns was deregulation.
Applying common sense through a cost-benefit analysis – including consideration of long-term costs such as environmental impact – the Trump administration rule was to eliminate two regulations for every new regulation that was implemented.
Now, in an executive order that has been largely overlooked, President Biden not only is reversing the Trump policy, he’s taking regulatory power a step further.
Titled “Modernizing Regulatory Review,” the order shows that for the Biden administration, regulatory power is more than a means of protecting lives and maintaining an even playing field. It’s one of the primary means to advance the far-left agenda enacted in other executive actions since Inauguration Day, which base policy on race, gender equality and climate change rather than on what has worked historically to the benefit of everyone, whether rich or poor.