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Is Deregulation Driving the Booming Economy?
in Economy
Debra AI Prediction
Arguments
So sure, deregulation will likely boost economy in a short term as less regulatory cost is required and businesses can move at faster speeds. Longer term though we will likely pay the price...again...
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Trickle-down economics causes the money to trickle-up after the rich people need to be bailed out with tax money.
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That said, I do not see Trump as someone who promotes deregulation. Tariffs on imported goods is as regulatory as it gets, barring outright prohibition of those goods. It is the Republican party that promotes deregulation, while Trump promotes protectionism and isolationism.
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