Trump’s Attack on Regulations Is Just Another Form of Trickle-Down Economics – Where the Gains Go To the Top | Alternet

The Trump regime is now contemplating a loophole through which companies can apply to use asbestos – a known carcinogen banned by most developed countries – in making adhesives, roofing material, floor tile, and other products.

What’s the justification for all of this? “The Administration’s agenda of deregulation is unleashing the …  true potential of American businesses,” trumpets Trump’s Council of Economic Advisors in its 2018 economic report.

Translated: Cutting regulations means more corporate profits. More profits satisfies Trump’s donor class.

via Trump’s Attack on Regulations Is Just Another Form of Trickle-Down Economics – Where the Gains Go To the Top | Alternet