KTRH Local Houston and Texas News

KTRH Local Houston and Texas News

KTRH-AM covering local news from Houston and across Texas.

 

Bidenflation: Government Regulations Are Suffocating American Manufacturing

We don't hear enough about it, but there is actually another way that the Biden administration is crushing the economy. Simply put, they're called 'government regulations'.

"Since 2005, businesses have been charged $2.7 trillion dollars in added costs, just from government regulations" said political commentator, Booker Scott, "You may think of it as hidden inflation from government overreach, that's really what it is."

And if that's not bad enough, it turns out that the Obama and Biden administration's have added $2.5 trillion of the $2.7 trillion in additional costs. Compare that to what happened under Donald Trump, which was just the opposite.

"Trump's administration, it reduced manufacturing costs by $159 billion dollars" Scott told KTRH, "And Joe Biden so far added $1.6 trillion dollars to manufacturing in America."

And if that isn't really, really bad enough? Joe Biden is expected to add $4.4 trillion in additional 'regulations' next year, just for 2025 alone.

President Biden Signs The Bipartisan Safer Communities Act At The White House

Photo: Tasos Katopodis / Getty Images News / Getty Images


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