How Deregulation Trends Impact Roofing Contractors
Overall deregulation has cut across almost all executive branch agencies, yet those related to labor and employment matters appear to be pushing in the other direction.
One of the more significant election promises made by then-candidate Donald Trump was his pledge to reduce the regulatory burden on American businesses. With his “two regulations withdrawn for every one proposed” approach, he’s been largely successful in making his promise a reality. As a result, the economy has boomed in relative terms. Gone seem to be the days of one- to one-half percent growth. We were almost at 3 percent in the latest quarter. Unemployment is at its lowest level in decades.
“Help wanted” signs are on the doors of virtually every business and across all electronic job posting boards. Much of this is the result of the major deregulation that has occurred.