Originally Posted by Owain
Just because you don't know about it, that doesn't mean it isn't happening.


I assume we are still talking about regulations and Trump's role in cutting them. Your original premise is that Trump meaningfully cut regulations and this is one of the reasons stock market keeps rallying.

Now, regulations isn't actually a monolithic concept. It isn't like "Doctor told me to cut down on salt to help my blood pressure". There are all kinds of regulations, environmental and financial are ones commonly understood in your context of "cutting regulations". Some environmental regulations are "If you burn coal, don't dump sulfur in 10 mile radius of your stack". These are based on science and are good. We don't want sulfur everywhere, even if allowing this would make burning coal more profitable. Some environmental regulations are based on pork barrel politics, such as adding ethanol to fuel. These are bad. The same true for financial regulations - you shouldn't be able to write NINJA loans, then repackage and insure them as AAA.

You can't say, look some regulation somewhere was cut, markets rally, therefore Trump cutting regulations caused markets to rally. It is so flimsy, it isn't even an argument.

For example, one of your links states: "The White House has frozen or withdrawn hundreds of planned rules". To me, planned, means they weren't even implemented.

So what regulations did trump already cut, and how did they contribute to markets rallying?

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