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Crying Wolf.

From AF Branco at Comically Incorrect:

What we found interesting about this cartoon is that four things that Trump is carrying directly impact business: deregulation, jobs, consumer confidence, tax plans, and urban development.

For all of his faults, (and there are a lot of them) Trump realizes that the old axiom of “its the economy, stupid” is dead on. Dealing with the economy is what most people want to see. Of course, Trump’s “attack” on regulations have raised the ire of those who never met a regulation or government intrusion they did not like and support.

While some regulations have merit, not all do and we should look to eliminate those which have no value as the cost of regulations is high and passed onto the consumer.

How high are those costs?

Can anyone really say that the over $1 trillion dollars in regulations could not be better spent on companies hiring new people for expansion? That consumers wouldn’t have more money in their pockets to spend at their discretion?

To show how ridiculous this has become, Seattle, Washington and surrounding King County have now passed a law – a law – that requires landlords to rent to the very first person they interview who qualifies for the rental property.

The “first-in-time” rule works like this: landlords may set broad rental criteria like “no pets,” but otherwise they must rent to the very first qualified applicant. Even if more than one applicant qualifies, landlords may not pick among them–the landlord must make offers in chronological order.

The city council believes we need this rule to help us “unlearn” implicit prejudices that taint our choices. So their answer: take away choice. According to the council, this will prevent landlords from “cherry picking” among qualified applicants and “level the playing field” for those who might struggle to find housing.

Not only is this taking the right of association away from the landlords, but it is essentially taking their right to sell to the best qualified person who would in the long run cost them the least. Of course, it will hurt renters as well as landlords who seek to protect their properties will raise the qualifications of their rentals. That will hurt the poor, working people as well as first time renters who have no rental history.

While not a federal regulation, the law does point out that somehow people in government think they are smarter and better than the people that either elect them or if appointed, those who are subject to their regulations.

There are always going to be people who want more regulations because they want to control people’s lives.

However, what Trump has been trying to do in freeing up businesses and people from senseless regulations seems to be working:

Optimism among chief executive officers of some of the largest U.S. companies jumped in the first quarter by the most since the economy was emerging from the last recession, as the outlook for sales, the labor market and investment brightened considerably.

The Business Roundtable’s CEO Economic Outlook Index — a measure of expectations for revenue, capital spending and employment — jumped 19.1 points to 93.3, according to the group’s survey released Tuesday. The increase, the biggest since the final three months of 2009, left the gauge above its long-run average of 79.8 for the first time in seven quarters. Readings above 50 indicate economic expansion.

The survey is yet another in a series of confidence measures that have shown sizable upswings among businesses and consumers following Donald Trump’s victory in the November presidential election. While companies have said they’re encouraged by his plans to cut corporate taxes, reduce regulations and invest in infrastructure, the real test for the economy is whether they follow through with more capital spending and hiring.

You won’t hear news like that from the main stream media because it validates Trumps positions and plans.



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