Quote:
Originally Posted by Shaun @ Tru6
Ted, you want to give it a try.
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Are you trying to get a rise out of me sgt Shaun?
Well I will give it a bit of a go...but only a bit mind you....
Neither BO nor Trump have done much about eliminating or creating regulations. Both have used Executive orders to do the dirty work. BO used Executive Orders to direct the bureaucracy to a strict interpretation and thus strict compliance with regulations. T on the other hand rescinded BO Executive Orders and issued ones directing the bureaucracy to a looser interpretation and thys looser compliance. The net effect on small business especially as the Hawk said is that business now has more time to conduct business and having to spend less time complying with regulations.
The net effect of BO's strict compliance was to exert government control over business in an effort to dominate commerce. This methodology is part of a historical device to concentrate power in the hands of the central authority whether it be Fascist or Socialist. Knuckle under or else....but I digress.
Numbers are used primarily by economists to determine the emotional sentiment of the people who comprise economic activity. Using numbers alone is a rather rudimentary way of translating activity into sentiment. Any given set of numbers is a static (past activity )snapshot in time that lacks the fluidity of an ongoing human endeavor. I look rather to the Keynesian
collective "animal spirits." I want to keep track of what the beast is up to...
The Beast has become for the most part sanguine over T's methodology in that it has apparently been successful in achieving results (also the world has not come to an end as so vociferously predicted by T's adversaries). Pleasantly surprised one could say. The Midterms are chasening Equities to a degree because the results will show peoples sentiment towards Trumpian methodology and tactics. However the real power remains in the hands of the FED as they are the ones who have assumed the mantel of being adults in the face of political dysfunction and hysteria.