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Trump Is Quietly Deregulating Everything
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Geopolitics, Tech & Markets

Trump Is Quietly Deregulating Everything

During the Reagan presidency, federal regulations decreased by more than one-third. But as impressive as this record is, it’s already been broken by Donald Trump.

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Nov 10, 2017
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Trump Is Quietly Deregulating Everything
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by Brittany Hunter
November 10, 2017

Most people alive in America today have probably never had the experience of sending a telegram. There are a host of reasons for this, the main one being that the telegram stopped being fashionable decades ago as burgeoning technology replaced its use in the modern world. The very last Western Union telegram was sent 11 years ago.

Over a decade too late, the FCC has finally decided to end burdensome regulations that stifled telegraph technology. As Reuters reported:

"AT&T Inc, originally known as the American Telephone and Telegraph Company, in 2013 lamented the FCC’s failure to formally stop enforcing some telegraph rules.

‘Regulations have a tendency to persist long after they outlived any usefulness and it takes real focus and effort to ultimately remove them from the books even when everyone agrees that it is the common sense thing to do,’ the company said.”

Regulations are far easier to create than they are to dismantle. As Milton Friedman said, “No…

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