Blog Credo

The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary.

H.L. Mencken

Saturday, December 29, 2018

Will This Stuff Hold?

Trump's daily outrages on the regulatory scene continue to mount.  This one is simply indefensible

The question a far-sighted business man should ask is whether these rollbacks will last one day longer than Trump's presidency.  Why would you rollback to earlier regulatory frameworks, when they could snap back in 2021?

The cost-savings of these regulatory moves are negligible, but they might even be less than negligible, since they might not even happen at all.  Or rather a few Don Blankenship types might roll them back, just to kill some poor people, but outside of that, who would work to undermine regulations that will simply return in two dozen months?

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