How does a president boost the economy? According to common sense, by leaving it alone!
Donald Trump scored major wins for our economy by slashing government rules and lowering taxes. He got government out of the way.
We saw wages rise, business brought back to the country, and industries booming all over the place.
The moment Joe Biden entered—bam!—it was back into the Dark Ages.
But Joe isn’t done messing with our economy. He is about to sign an order that will clamp a stranglehold on nearly every industry.
From Washington Examiner:
The White House announced that President Joe Biden will sign a sweeping executive order on Friday designed to decrease corporate consolidation and increase competitiveness…
The order calls upon the leading antitrust agencies, the Justice Department and Federal Trade Commission, to enforce existing antitrust laws “vigorously” and that enforcement should focus on the labor markets, agricultural markets, healthcare markets, and the technology sector.
Whenever big government advocates like Democrats say one thing, assume they mean the opposite.
Joe Biden, a supposedly pro-business moderate, plans to sign an order that will push over 72 rules onto nearly every industry.
He claims this is to make our companies “more completive” by ordering the DOJ to “vigorously” pursue antitrust investigates.
Meaning: Biden is telling the government to sue as many companies as they can, over antitrust claims.
Oh, that’s a great way to spur the economy! Take every major company to court!
Why, I can just see the employment lines forming! Oh wait, those are bread lines.
Biden claims this will force companies to be more competitive. But he doesn’t explain how.
The truth is, every time the government gets involved in private industry, it creates a bigger mess than the one it tried to fix.
Do you know who is the biggest competitor to American businesses? China. How can we make our companies more competitive?
Take the fight to China. Kind of like the way Trump did, when he hit the communist regime with various tariffs (as well as our competition in Europe).
(Not to mention how Trump did this little thing called securing the border.)
But is Biden doing that? No. He is instead going after the very American companies he should be fighting for.
Do you think Biden’s move will help the American economy or hurt it?
- Joe Biden is signing an order that will impose 72 new rules onto American companies.
- He is directing the DOJ to push antitrust laws that will drag companies into court.
- The order might hurt companies and hamper the economy, rather than help it.
Source: Washington Examiner