Congratulations to Jeb Hensarling & Republicans on successful House vote to repeal major parts of the 2010 Dodd-Frank financial law. GROWTH!
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If economy grows, America is safer, strong borders and more jobs. Liberals will still cry. They would rather see USA fail under trump.
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Exactly & recall: Small businesses account for ~50% of GDP, >50% of workers. D-F disincentivizes loans to small businesses. Data supports.
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I asked detractors to read up on regulations & rephrase the question. What I mainly got back was the intent of the law. Intent != effect.
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#MAGA! Recall ~50% GDP from small biz, >50% of workers. >50% of sales. D-F good INTENT, but DISINCENTIVIZES small biz loans=hurts growth.
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That's right it's the small lenders that stimulate the economy.
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Yep. Astonishing how the Trump haters just keep repeating the INTENT of the law without looking at the EFFECTS on small lenders/small biz's
ICYMI: ~50% GDP from small biz, >50% of workers. >50% of sales. D-F good INTENT, but DISINCENTIVIZES small biz loans=hurts growth. See data:
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regulations help keep the banks honest and prevents them from pulling the shit they did in 2008. Most of us lost Half our money & jobs
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The intent of a regulation can be good, but it's *actual* effect and side-effects bad (as I outlined in my "ICYMI…" tweet).
