Tags: peter morici | economist donald trump | deregulatory policies | economic growth

Economist: Trump Policies Sparking Economic Growth

Economist: Trump Policies Sparking Economic Growth

Wednesday, 13 June 2018 01:03 PM

Peter Morici, an economist and professor of international business at the University of Maryland, praised President Donald Trump’s deregulatory policies and said they have sparked economic growth in the United States.

"It's really not putting America first," he said on TV’s "Fox & Friends" "It's putting Americans first. Getting the government out of the way so we can solve our own problems."

The show posted excerpts of the interview on its Twitter account.

"You know, people focus a lot about the things we need to fix at home," he said. "Lord knows we have got to fix a lot of things. But do you realize in the rankings of global competitiveness the United States comes out now, with Donald Trump in office, first among all the industrialized countries and well ahead of China."

 He said that "simply getting the government out of the way is the key to success."

"Have you noticed a very steady growth in manufacturing jobs? he asked.  "Really hard for folks to focus on it because it's under the radar. But each of these new factories…was heavily regulated by the Obama administration. You know, it was hard to move a machine from one side of the shop to the other without either negotiating with a union or negotiating with Barack Obama or Barack Obama calling up the union and telling them to go in there and negotiate.

"Now you can get stuff done reasonable. Not recklessly, but reasonable."

Last week, Environmental Protection Agency Administrator Scott Pruitt also cited Trump’s deregulation policies in rolling back on Obama administration rules on climate change, water pollution and air pollution.

"These are examples of us choosing to make sure that regulatory authority, once again, is not used to pick winners and losers," he said.

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Peter Morici, an economist and professor of international business at the University of Maryland, praised President Donald Trump’s deregulatory policies and said they have sparked economic growth in the United States.
peter morici, economist donald trump, deregulatory policies, economic growth
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2018-03-13
Wednesday, 13 June 2018 01:03 PM
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