THE TRUMP ADMINISTRATION'S NEW CORPORATE LOGO
…Trump's New Logo
Trump just can’t help himself from
lying about successfully reducing regulations,
The one item
that writers and fellow bloggers can say about the current commander-in-chief,
for someone that lies on an hourly basis, it sure gives us all plenty of
ammunition to write about.
At the Washington Post, they were forced to
established a whole new department with multiple employees, just for Fact
Checking the president and his administration.
As was
demonstrated by one Trump advocate who asked a reporter on a national cable TV
show, while outing Trump’s economic successes, “Trump
has done things that haven’t happened in decades. When is the last time you saw a US fiscal
quarter with a 4% increase?”
The reporter’s
response: “Four times in the last three years of the Obama administration!”
So now this lying is happening, even thru his own vice president’s comments.
Per Vice
President Pence and his remarks at a presentation in St Louis: “This President has actually repealed 22
federal regulations for every new federal rule put on the books. He’s repealed
more federal regulations than any president in American history. It’s true.”
This is one of the
Trump administration’s favorite talking points that “the president has repealed more federal
regulations than any president in history.”
Another favorite is that the president has repealed 22 federal regulations
for every new regulation placed on the books. If this were true, this would seriously exceed a campaign
promise to repeal two regulations for every one implemented.
But, as
has been reported before, the claim of eliminating more regulations than any
previous president simply cannot be verified as there is not enough data to
support this statement. There is data that indicates that growth in regulations
have slowed significantly under President Trump, but that’s apparently not a
good enough story to tell from Trump and his administration’s perspective.
Meanwhile,
this 22-1 claim was debunked by experts after Trump announced it last December
and yet the administration continues to make the claim.
All of this
started with Trump’s “Contract with the
American Voter,” where he pledged that for every federal regulation, two
existing regulations must be eliminated. Shortly after taking office, the
president then signed an executive order that aimed to put this policy
into effect.
The order also
said the cost of any new regulation should be offset by eliminating regulations
with the same costs to businesses.
Back in
December, with great fanfare, the president announced he had done even better
than planned, eliminating 22 regulations for every one enacted in fiscal 2017.
However, when
the experts started studying the list of 67 “deregulatory” actions, they found that the figures were very
questionable, as is usual with many of Trump’s statements.
As documented
by Bloomberg News, the listed
actions include ones initiated by previous presidents. As you would expect in Russia, Bloomberg
found that Trump had double counted and there were relatively inconsequential
steps. One action that was listed as deregulatory, was having to do with
immigration. But the action actually
imposed new burdens on businesses participating in an the expanded visa
program.
In addition,
Bloomberg also found that at least 22 of the 67 claimed actions were actually
begun under President Barack Obama.
Cary Coglianese,
a professor at the University of
Pennsylvania, faulted the list for including many deregulatory
actions that were relatively minor compared to the more substantial regulatory
actions. He wrote: “It is not too much of
an exaggeration to say that administration officials are removing 22 ‘Peter
Rabbit’ books from the regulators’ shelves for every one like ‘War and Peace”.
As is usual
with the Trump administration, they could have just told the truth and it would
have still been a positive story.
This deception
all goes way back to when the Trump Towers were being built and Trump realized
that the near-by General Motors building was taller and had more floors. Well, just as Trump has always falsely said
he was an inch taller than he really is, he came up with a story where he
claimed in all his PR materials that the Trump Tower had 68 floors instead of
its actual 58 floors.
Though the
tower was built with only 58 floors, Mr. Trump told The New York Times that because there was a soaring pink marble
atrium and 19 commercial floors at the bottom, he decided to list the first
residential floor as the 30th floor. Then he decided to call the building’s
pinnacle, which is not an actual “floor”,
that became the 68th floor.
That is what appears in all the marketing materials, in online search
results and in any news articles to this day.
As to the
regulations issues, Clyde Wayne Crews of the Competitive Enterprise Institute crunched the numbers and concluded
that after Trump’s first year, the administration had taken 62 deregulatory
actions and 15 regulatory actions, for a ratio of 4 to 1. In a recent
update, accounting for information contained in the Office of Management and Budget’s Spring Agenda, Crews updated the
list to a total of 149 deregulatory actions to 29 regulatory actions, for ratio
of nearly 5 to 1.
Here’s the
problem with Trump’s fuzzy math: “Virtually
all of these steps are not considered “economically significant,” meaning it
would have to have an annual impact of $100 million or more. That’s an
important caveat,” Crews said.
Under the
administration’s regulatory agenda, the OMB website shows 498 pending actions are listed as
deregulatory and 133 as regulatory, as defined by the executive order. That’s a
ratio of nearly 4 to 1.
But the
numbers shrink dramatically when you only search for “economically significant” actions: 32 deregulatory and 20
regulatory. That’s less than 2 to 1. (There
are also 19 major actions labeled only as “other.”)
There is
little doubt that Trump is leading an attack on the regulatory state. For
conservatives, that is a good news story.
But the
administration continues to oversell its achievements with hyped statistics.
As is also
usual with Trump, the Fact Checkers have awarded 3 Pinocchio’s to Trump’s 22-1
claim.
Copyright G.Ater 2018
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