Summary:
The article critiques the narrative surrounding Trump’s economic policies, particularly tariffs and deregulation, during the 2024 election and beyond. It highlights how Trump’s first-term strategies, such as energy independence, deregulation, and tax cuts, kept inflation low, even during COVID. The piece contrasts this with the Biden-Harris administration’s policies, which it argues led to higher costs for consumers. Notably, it references a Bloomberg report showing car manufacturers saving billions under Trump’s deregulatory agenda, emphasizing the economic benefits of such policies.
What This Means for You:
- Lower Vehicle Costs: Trump’s deregulation of the automotive industry is reducing car prices, saving consumers thousands of dollars.
- Energy Independence: Policies promoting oil, gas, and coal production can stabilize energy prices, benefiting the broader economy.
- Economic Stability: Deregulation and tax cuts often lead to lower inflation, protecting middle and lower-income families from rising costs.
- Future Outlook: Beware of policies that increase regulations and taxes, as they can drive up prices and harm economic growth.
Original Post:
For months before and after the 2024 election, Democrats and the complicit media set out to scare the public about how Trump’s tariffs would cause huge price increases on everything.
They ignored the fact that during Trump’s first term, his tariffs, mixed with deregulation, drilling, and lower taxes, kept inflation low, even through the year of COVID. They ignored the fact that Trump was again going to repeat the successes of his first term, opening the energy spigot and giving freedom of choice in the marketplace, which drives down costs in competition.
Meanwhile, they campaigned for Joe, and then Kamala, parroting talking points about how great Biden-Harris policies were, and that high prices were a figment of the public’s imagination, or if they did exist, they weren’t the fault of Democrat policies.
And now, almost eight months into 2025, Bloomberg finds out that reducing regulations on car companies means billions of dollars saved each year:
EUREKA! Bloomberg News Admits Carmakers to ‘Save Billions’ from Trump Nuking Eco Regs
Bloomberg News reporters David Welch, Keith Naughton, and Keith Laing admitted in an eye-popping September 7 story that Trump’s ‘push to cut federal sales incentives and roll back emissions standards is shaping up to be a multibillion-dollar gift to Detroit’s automakers as they shift investments into gasoline-fueled cars.’
Specifically, according to the report, the deregulatory push ‘is clearing the way for Detroit’s legacy automakers and their traditional rivals to reallocate billions of dollars earmarked for EVs and other costs linked to pollution rules.’
Ford Chief Executive Officer Jim Farley reportedly told Bloomberg News that the Trump deregulation agenda had ‘the potential to unlock a multibillion-dollar opportunity over the next two years.’ Contrast this with the media’s support for the Green New Dealers of Team Biden over the past four years. Almost two years ago, Reuters reported that automakers were facing $14 billion in fines as a result of then-President Biden’s proposal to hike fuel-economy standards.
What a surprise.
Of course, most of the public probably won’t see this article, because it doesn’t fit the agenda to destroy Trump. They will show it as much as they have shown the story about a career criminal in Charlotte, NC who stabbed an innocent woman on public transit.
The public will also not be shown that the price of new cars is down since Trump was elected, not up thousands of dollars as the media repeatedly warned. According to Google AI, the average new car in August was $44,759, which is $5,000 lower than the $49,740 price it was in December 2024.
It is not a hard concept to understand:
- That higher taxes, fees, and regulations will increase the price of things throughout the economy.
- That seeking to destroy oil, gas, and coal companies will substantially increase the price of almost everything, because we use that energy to move the entire economy.
- That intentionally reducing oil supplies over here will raise prices throughout the world, which in turn, will help Russia and Iran fund wars and terrorism.
- That forcing vehicle manufacturers to hit unrealistic mileage targets and invest tens of billions into E.V.s that people don’t want will cause huge increases in the price of gas vehicles.
- That the increased prices of gas vehicles will substantially increase the price of repairs and insurance.
- That being dependent for energy and goods on adversarial regimes like China is unwise.
- That the high prices will harm the poor and middle classes the most because they don’t have excess cash sitting around to weather economic turmoil. These are the people that the media and other Democrats pretend to care about.
Sadly, the supposedly independent Jerome Powell and the Federal Reserve governors don’t seem to understand these simple economic concepts, because they never identified Biden and Harris for the inflation that their disastrous policies caused.
Image: Free image, Pixabay license.
Extra Information:
Bloomberg Article – Details how Trump’s deregulation benefits automakers. Reuters Report – Explores the financial burden of Biden’s fuel-economy standards on automakers.
People Also Ask About:
- How do Trump’s tariffs affect consumer prices? Tariffs, combined with deregulation, have historically kept inflation low.
- What is the impact of Biden’s fuel-economy standards? They impose billions in fines and increase costs for automakers and consumers.
- Why is energy independence important for the economy? It stabilizes energy prices, reducing costs across industries.
- How does deregulation benefit the automotive industry? It lowers production costs, allowing manufacturers to reduce vehicle prices.
Expert Opinion:
According to Ford CEO Jim Farley, Trump’s deregulation agenda represents a “multibillion-dollar opportunity,” highlighting the tangible economic benefits of reducing regulatory burdens. This underscores the broader trend that regulatory reform can drive growth and affordability across industries.
Key Terms:
- Trump deregulation and inflation
- Automotive industry savings under Trump
- Biden-Harris fuel-economy standards impact
- Energy independence and economic benefits
- Deregulation’s effect on consumer prices
- Federal Reserve inflation policies
- Green New Deal economic consequences
ORIGINAL SOURCE:
Source link
