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Category Archives: Economy

Hundreds of rules and proposed regs frozen or jettisoned by Trump administration

The Washington Post – “…The Trump administration said it was pulling or suspending 860 pending regulations. Of those, 469 were being completely withdrawn. Another 391 were being set aside or reevaluated. These proposed regulations could be revisited at some point or dropped altogether…“These rollbacks of critical public protections will leave American workers, consumers and children vulnerable on a daily basis,” said Amit Narang, regulatory policy advocate for Public Citizen’s Congress Watch division, “to risks such as air and water pollution, unsafe products and tainted food, dangerous workplaces and a newly deregulated Wall Street that once again could threaten economic collapse.”

OMB – “The Trump Administration’s Unified Agenda of Regulatory and Deregulatory Actions provides an updated report on the actions administrative agencies plan to issue in the near and long term. Prepared by the Office of Information and Regulatory Affairs, this Agenda represents the beginning of fundamental regulatory reform and a reorientation toward reducing unnecessary regulatory burden on the American people.  By amending and eliminating regulations that are ineffective, duplicative, and obsolete, the Administration can promote economic growth and innovation and protect individual liberty. Fulfilling longstanding principles to review and assess existing regulations, the Agenda includes the withdrawal and reconsideration of numerous regulatory actions. Agencies have committed to careful assessment of the costs and benefits of each regulatory and deregulatory action, and to prioritizing the maximization of net benefits of regulations…Executive Orders 13771 and 13777 require agencies to reduce unnecessary regulatory burden and to enforce regulatory reform initiatives…

  • Agencies withdrew 469 actions proposed in the Fall 2016 Agenda;
  • Agencies reconsidered 391 active actions by reclassifying them as long-term (282) and inactive (109), allowing for further careful review;
  • Economically significant regulations fell to 58, or about 50 percent less than Fall 2016…”

Public Citizen Report, July 19, 2017 – “…Six months after his inauguration, Trump’s anti-industry bluster has largely dissipated. Trump immediately backtracked on his promised to crack down on lobbyists, choosing to staff much of his administration with them. Likewise, Trump turned to Goldman Sachs, Lockheed Martin, Boeing, OneWest Bank and numerous corporate law firms to fill key posts. In this report, we look at 11 key sectors in which the Trump administration is helping big corporations advance their agenda. This list is not comprehensive, but illustrative of the corporate giveaways now coming to pass…”

The Myth and the Cost of Drug Expiration Dates

Investigative research and report by PrpPublica and NPR’s Shots Blog: “Hospitals and pharmacies are required to toss expired drugs, no matter how expensive or vital. Meanwhile the FDA has long known that many remain safe and potent for years longer…The dates on drug labels are simply the point up to which the Food and Drug Administration… Continue Reading

Obamacare Repeal Reconciliation Act of 2017 estimated to increase number of uninsured by 32 million

Follow up to previous posting of May 24, 2017 – CBO Analysis of American Health Care Act of 2017, on July 19, 2017 CBO the cost estimate on H.R. 1628, Obamacare Repeal Reconciliation Act of 2017: “CBO and JCT estimate that enacting this legislation would reduce federal deficits by $473 billion over the coming decade… Continue Reading

CEO Action for Diversity & Inclusion

“The CEO Action for Diversity & Inclusion™ aims to rally the business community to advance diversity and inclusion within the workplace by working collectively across organizations and sectors. It outlines a specific set of actions the undersigned companies will take to cultivate a trusting environment where all ideas are welcomed and employees feel comfortable and… Continue Reading

New Jane Austen £10 note unveiled

The Telegraph -“The new, polymer £10 note is being unveiled by Bank of England governor Mark Carney on Tuesday. This marks the 200th anniversary of the death of Jane Austen, who features on the new bank note. Austen will be the only woman – apart from the Queen – to be featured on an English bank note, following… Continue Reading

Stronger Together: Increasing Connections Between Academic and Public Libraries

Stronger Together: Increasing Connections Between Academic and Public Libraries, Maureen Richards, John Jay College of Criminal Justice. Collaborative Librarianship. Vol. 9: Iss. 2, Article 10. (2017) “Much has been written about collaborations between public and academic libraries. These collaborations generally take the form of joint libraries, special programs or consortia. They are motivated by the… Continue Reading

Pew – Globally, More Name U.S. Than China as World’s Leading Economic Power

“The past decade has witnessed significant changes in the global economy as many nations around the world have struggled with the Great Recession and its aftereffects. While the United States and other relatively wealthy Western nations have slowly bounced back from the crisis, economic growth rates have been low compared with those of China, India… Continue Reading

2017 Annual Report – Board of Trustees of Federal Old-Age and Survivors Insurance and Federal Disability Insurance Trust Funds

The 2017 OASDI Trustees Report, officially called “The 2017 Annual Report of the Board of Trustees of the Federal Old-Age and Survivors Insurance and Federal Disability Insurance Trust Funds,” [other wise known as Social Security] presents the current and projected financial status of the trust funds.” The bad news just continues to grow – US… Continue Reading

Another week another Senate health care bill

Follow up to multiple previous postings included here – Senate version of House health care repeal and replace bill eliminates coverage for 22 million Americans – today via the Washington Post – Revised Senate health-care bill still lacks the votes to pass: “The Senate GOP’s latest attempt to rewrite the Affordable Care Act showed few signs… Continue Reading

Collaborative investigative report on rollback of federal regulations

The Deep Industry Ties of Trump’s Deregulation Teams – “In February, President Trump ordered federal agencies to form task forces charged with finding regulations to weaken or eliminate. While the names of appointees to executive-agency task forces are typically made public, some agencies are refusing to reveal who is on their panels. The New York… Continue Reading

Study – 100 fossil fuel producers responsible for 71% of global emissions

The Carbon Majors Database – CDP Carbon Majors Report 2017 – 100 fossil fuel producers and nearly 1 trillion tonnes of greenhouse gas emissions “The Carbon Majors Database stores greenhouse gas (GHG) emissions data on the largest company-related sources of all time. CDP’s Carbon Majors Report 2017 is the first in an ongoing series of… Continue Reading

Climate change impacts are arriving sooner than anticipated

The Uninhabitable Earth – Famine, economic collapse, a sun that cooks us: What climate change could wreak — sooner than you think. New York Magazine – David Wallace-Wells: “It is, I promise, worse than you think. If your anxiety about global warming is dominated by fears of sea-level rise, you are barely scratching the surface… Continue Reading