The Trump Administration’s Real Deregulatory Record
President Donald Trump likes to take credit for record levels of deregulation and resulting gains in economic growth. Among the Trump Administration’s accomplishments listed on the White House web site are “record” reductions in regulatory burdens, and the President has claimed his deregulatory initiatives are saving American families $3,000 per year. But do these claims hold up to scrutiny?
A new report issued from the Penn Program on Regulation at the University of Pennsylvania Law School, Deregulatory Deceptions: Reviewing the Trump Administration’s Claims About Regulatory Reform by Cary Coglianese, Natasha Sarin, and Stuart Shapiro, casts doubt on Trump’s deregulatory boasts.
In an essay published at The Regulatory Review, Coglianese, Sarin and Shapiro summarize their findings:
what has the Trump Administration really accomplished when it comes to regulation?
The answer is much less than the Administration has claimed—and much less than probably most members of the public would surmise. In a report released today, we attempt to match up the claims the Administration has made about its deregulatory accomplishments with what the evidence actually shows. Drawing in part on new data we compiled from over the last four years, we find that virtually every major claim the Trump Administration has made about deregulation is either wrong or exaggerated. The reality is that the Trump Administration has done less deregulating than regulating, and its deregulatory actions have not achieved any demonstrable boost to the economy. . . .
We collected our own data from the underlying records that f
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