Deregulation Nation: President Trump Cuts Regulations At Record Rate:
The record regulatory siege under President Obama goes a long way toward explaining his poor economic performance. With growth averaging below 2%, his was the worst administration for growth in postwar history.
The Trump economy, by contrast, is today growing at just a nick below 3% a year. Median annual household income stands at $62,175 currently, the highest level since 2000. Unemployment in June matched its lowest level in half a century. In short, the economy is operating on an entirely different level than during the Obama years.
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