In his State of the Union Address on Tuesday, President Donald Trump once again touted his administration’s efforts at deregulation. Trump has frequently suggested that eliminating regulations leads to economic growth and greater prosperity. But he is wrong that the economy has been booming under his watch, and he is obscuring the intent of his efforts to strip important safeguards for workers.
Job growth in 2017 continued, but was the weakest it’s been since 2010, and real wage growth was tepid. And, far from cutting burdensome or outdated requirements, Trump has been attacking regulations that protect workers’ pay, retirement, and safety in order to pad company profits.
The above excerpt was originally published in Fortune.
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