Barack Obama is a narcissist and a sore loser. He obviously can’t handle the fact that Donald Trump won the presidential election and will move into the White House at the end of this month, so Obama has decided to make life as hard on Trump and us as he can, proving he’s a rather disturbed tyrant. Luckily, as Obama tries to ruin our economy, Trump is promising massive blowback.
Obama has never cared about the economy, and he really didn’t have to with the media whitewashing his statistics, such as the number of jobs created during the reign of the Obama administration. However, most business owners and workers saw the past eight years as stifling under the weight of increasingly expensive regulations and less money in their paychecks. Unfortunately, with still two weeks in office, Obama is throwing gasoline on our already burning economy.
Since Trump’s election, Obama, “the most transparent” president in United States history, passed the most “midnight” regulations in history, referring to regulations passed by a current president between election day and the inauguration day of the new president-elect. Obama has issued 145 “midnight” regulations with a cost of more than $21 billion since the election of Donald Trump, the most by a lame-duck president in a generation, a study has found.
The conservative American Action Forum said Thursday that Mr. Obama’s rules, issued from November 8 through Dec. 31, include 31 “economically significant” regulations with a cost of at least $100 million each. “The administration has published more than 21 million hours of final federal paperwork requirements since November 8,” said Sam Batkins, AAF’s director of regulatory policy. “At the current pace, the Obama administration is going to be the most active ‘midnight’ regulator in more than a generation.” [Source: Washington Times]
It’s obvious that Obama is attempting to tie Trump’s hands, giving him massive amounts of regulations which he has to undo, but Obama’s also intent on wasting our hard earned tax dollars: money which most Americans have less of since being forced to succumb to his leftist economic policies. However, Donald Trump has our backs on this one, fortunately.
President-elect Donald Trump has warned the Obama administration. Trump unapologetically said not to unleash a bunch of last-minute regulations, saying he would wipe out two regulations for every new one implemented by the Obama administration.
This will still make a lot of unnecessary work for the 45th president, as undoing all of Obama’s ridiculous narcissistic and arrogant rules will take time. It will be nice to have the stranglehold on the economy released once Donald Trump takes the reigns in about two weeks. Pack up, Obama. Your reign of terror is over.