@@jimengle1615 Congress passes laws (United States Code) and administrative agencies pass regulations (Code of Federal Regulations) - it's similar for the states. Agencies have only as much authority to pass regulations as Congress authorizes (and only as much authority as the Courts allow Congress to delegate to the agencies).
The Administrative Procedure Act (Pub.L. 79-404, 60 Stat. 237) enacted June 11, 1946, governs the way in which federal agencies establish regulations granting federal court oversight over their actions. Most violations are fines backed up with criminal charges for non-compliance, contempt of court charges. Extension of FDR's 100 New Deal agencies, costing the previous 10 years ENTIRE BUDGET (most programs where simply bribes for votes), congress couldn't pass laws quick enough so each agency got to pass their own. Currently have over 480 agencies (exact # not countedx)
Woodrow FDR & “unconstitutional” isn’t a surprise to me. What aggravated me is the federal government has never been empowered to bypass the process to create anything that carries the weight of law. Yet they exist
Ezekiel Reagan not just killed many of our poorest citizens with his bullshit economic policies but he also killed a great number of people abroad by supporting brutal dictatorships just because they were anti-communist.
@@ousarlxsfjsbvbg8588 dude if a rapist tells me religion is wrong and should not be shoved down childrens throats i will agree I dont like him but he is right
I love Stossel, probably the only reason I cone to reasontv, other than remy. The guy is a true libertarian and is willing praise good actions and criticize bad actions.
I live in the great blue state of Washington (read sarcasm in that statement). The regulations that democrats consistently put in place make it really hard to start and run businesses. Here is an example. Say I was a motivated young person who loved working on cars but had a full-time, low-end job. If I wanted to start a side business at home, buying cars, fixing them up, and then selling them, I literally cannot do it; it's illegal. State regulations are in place that require me to have a commercial building, that my business have hours from at least 10 AM to 4 PM, and that I be open at least five days a week. In other words, no one can start a car business in Washington unless they have significant capital UP FRONT! No matter their skill, talent, or work ethic.
They put the regulations in place because there were too many "fly by night" mechanics that were contaminating the ground and water around them, So now those people just do it illegally, probably don't pay taxes while they do it, and most likely just dump the oil, anti-freeze, etc. into the city sewers. Those regulations were all created because some sleazy company screwed a bunch of people over, and sleazy companies will just ignore them...
@@lylecampbell9036 EPA and OSHA regulations don't have anything to do with unions, they deal with the environment and workers safety. I've seen so many backyard mechanics just dump their fluids into the street it just makes sense it was criminalized. It all ends up in a river somewhere... Now city regulations about business locations and hours is a different story...
@@nonebiz2132 those agencies will fine you if they catch you doing that. This is corporate approved bills to push that little guy who could be the next ford under so they can have as much control as they can. Why do you think bezos is trying to raise the federal minimum wage? To hurt his competition. This will hurt small jobs too. My dad who owns a cabinet shop wouldn't beable to afford these changes at all.
@@themeddite Precisely why we need tariffs, because people working in the US shouldn't have to compete with workers in Asia... And big corporations shouldn't be able to move their profits out of the country so they can evade taxes.
It appears that California's gluttonous authoritarian governments are doing their best to counteract any beneficial effects of federal deregulation that might benefit business.
I do like stossle, he’s a great well educated man. I do however respectfully disagree on the whole small cars are at greater risk of death than big cars. I know a person who was driving a Mini Cooper and got hit head on by a bigger car and the mini driver left his car and walked away without a scratch on.
@@a54109 Bush actually did a few good things, believe it or not. A little while ago, I ran my own little research project to use numbers to indicate which presidents were the best. Two of the major criteria I used were homicide rate and drug addiction rate. Under G.W.B., we had ridiculously low homicide and drug addiction rates. So, using those metrics, his policies, or lack thereof, make him one of the better presidents we've had post-1950.
@@soymoder If "the right thing" means letting peaceful people freely trade, then yes, that's literally what businesses do. Some however, use government to enact regulations that only help to serve themselves... This coercion would not be present in a stateless society. I fail to see why regulation is needed if everything can be covered by tort law. What about expenses you say? If someone is too poor to hire enough lawyers/investigators, then they could simply sell a share of the claim to someone who believes that they have a strong case. If all else fails, you always have charitable organizations willing to cover the expenses. As far as I can tell, these are already more options than what a typical person has today when suing a massive corporation protected by countless laws.
groovestaffel You can be as peaceful as you think and still cause irreparable damage to shared property. Worse still, the environment has no lawyer. You’ll have to wait until problems get so bad that there are patterns of human injury and proximate cause. Who gets damages when food chains break down? What responsibilities will businesses take to maintain biodiversity? Is profit sufficient for sustainability? Human interests do not maintain human needs. Look no further than deforestation, anthropogenic extinctions, and industrial pollution. Personally, I’d strangle a few orangutans to save a human, but with 7 billion people making the same decision, we’d run out of things to kill.
@@edd542 Me too... Googling it just turned up "Obama is wonderful" and "Trump is evil" type articles... If someone digs something up, I'd be curious to read it.
Some of these regulations, eg refrigeration repair, are based on physics and reality rather than maximising Carrier’s profits? en.m.wikipedia.org/wiki/Refrigerant Ignoring long run risks shovels shit on the next generation, just like the debt. The fact Trump Is cavalier on both regulation and debt is evidence the only long run risk management he cares about is ensuring he always has someone else to blame.
And that's why a wall and less immigrants (of any type) will help stop the fiscal hemorrhaging; Social services, infrastructure overload and money flowing OUT of the country matter...
@@RetroMMA "a wall and less immigration will stop fiscal hemorrhaging..." When Trump has asked for and received $1.49 trillion for MILITARY SPENDING (aka more than 70% of tax revenue), only a brainwashed border worshipping magatard would blame immigrants when Trump is intent on fighting more wars for his boss, Netanyahu, as Trump continues to put ISRAEL first!
unwashed? unbrainwashed? i think deregulating 5g environment investigation 6:20 is going to come bite us in the ass. it is ironic, that its trump guys, who talk most of dangers of 5g in their conspiracy forums. there's emerging evidence that it kills bugs. then bees die. then flowers wont get pollunated. and so on. ( phys.org/news/2020-09-mobile-insects-german.html The analysis of 190 scientific studies ... Of the 83 studies deemed scientifically relevant, 72 showed that radiation had a negative effect on bees, wasps and flies.) "repealed title ix sexual assault guidance" somehow I don't think that's because of economy interests. what is title ix? well, it is Federal civil rights law that prohibits discrimination on the basis of sex in education programs and activities. " Title IX Prohibits Sexual Harassment and Sexual Violence Where You Go to School" "repealed emission limits for new coal power plants" so, will air get dirty again? "repealed methane leak limits" 6:39 "they take our freedom" but isnt there a negative freedom, too? freedom to pollute the air we all breath? freedom to kill bees of which we cant survive without? freedom to sexually harass? who gave you the right? you don't own the air and the bees. or women, lol.
@@Redmanticore Maybe my original comment was a bit vague but I was taking a jab at Stossel's audience. They seem to lap up everything and take every fact at face value.
Actually, equally good is the fact that he removed many duplicate, not needed, or obsolete regulations. Most regulations can't just be abolished. Most regulations removed where already covered somewhere else or had a different enforcement method. For example, if there was an agricultural regulation which said you can't put a farm within 1,500 yards of a reservoir and their was a water management regulation which said you can't zone any land within a mile of a reservoir... then you can just remove the first since it was covered by the second. Likewise if you have regulations dealing with copper telephone cables and 90% of the country has already replaced copper lines with fibre-optics... the regulations for copper lines can be removed without really affecting anyone.
@@northernbohemianrealist in most of the world that actually is what people do. Lol Stop signs go into the category of making sure other people know what to do in a situation where if there is no coordination it would be less efficient. If vehicles could communicate and coordinate stop signs would indeed not be needed, you can also have roundabouts,lots of ways without regulations cars can be coordinated. Not really a good anology to regulations as a whole. The devil is in the details and the fact is that regulations add to the cost and limit innovation and do not prevent what they intend to prevent. Unintended consequences, the seen and unseen, if you will are real and have real costs. My industry the animal feed industry is highly regulated and this increases the cost and lowers the innovation and variety available to farmer's. And there are still tainted feeds and livestock dieing every year. I don't see how paying a fee and having to list a feed in Texas with the government does anything at all to prevent a contaiminated feed from still being sold. Just paperwork and feel good regulations that distract from doing the actual work of making feed. Study public choice.
@@kalimacho1 ahahahaha have you ever seen traffic in a big city anywhere on this planet? believe me, lots of people would rather die from a car accident than regulate themselves.
I am so grateful for Mr. Stossel and his mind! We are so lucky to have this man bringing the public these insightful broadcasts loudly proclaiming all the enormous benefits of freedom and liberty! Keep up the amazing work, my friend!
I hate to disagree with you John, but pollution did not go down because of EPA regulations. Pollution went down because 1) the number of fire burning stoves has plummetted to nearly zero outside of sub arctic and arctic areas, 2) customers have demanded more fuel efficient vehicles, 3) poverty has been virtually eradicated so people actually have time to CARE what their environment looks like.
I remember the scare when net neutrality was repealed. For some reason, people (including me) seemed to think that deregulation would increase censorship somehow.
@@smajet5640 I dont think you understand what net neutrality did. It gave users protections rather then leaving it up to the providers. Look at what's happened with wireless/telcos. Net neutrality protected the free market online from ISPs who have now dominated it with monopolies. Net neutrality was never about censorship, it was about protecting the free market. Just because nothing has happened now with slower speeds in payment options isn't an argument against net neutrality.
thats the thing, yes trump might be a dick or an asshole but lets not be blinded by the good things he does. if not it makes us the very thing we criticise him for
A hearty slap on the back for that report, John! 👍🏻👏🏻 I watch all your videos, tap “like” when I do (almost always), and send a contribution now and again. THIS video was one of your strongest, IMHO. Bravo! 👌🏻🖖🏻
Marvelous video, Stossel. I was so terrified that I would see a video only praising Donald Trump for his efforts to deregulate without addressing his many flawed restrictions on free trade. I try every day to convince more and more people in my life about the power of the "philosophy of freedom", and videos like these make that easier. Keep up the effort!
I'm also of the opinion that tariffs are bad, but most of President Trump's proposed tariffs haven't even gone into effect. He uses the threat as a bargaining position. So far, it seems to be working.
Yet what Comcast was trying to do (limit how much data you could use without paying for more (data caps)) was due to them saying that the internet couldn’t handle the massive data transmissions that would come to pass as our nation grew. Then covid came around and tons worked from home, data caps were lifted and our internet still works. Yea deregulation works so well for the companies and drains your pocket book just as much. And before you say you can switch providers...you can’t. Some cities sign contracts making Comcast or time Warner the only providers other then Verizon (dial up) or satellite...yea not really a choice in this day and age
Great vid, great vid indeed. Although, I'm slightly disappointed because it was a bit one-sided. The thing I love Stossel's work is considering both points of view.
@Trump 2020 theres are always pros and cons of any decision made. A lot of the arguments in this program were facetious at best. For some reason they argue things like not requiring overtime pay and limiting emissions are a good thing. Best example of a bad argument and a key to me is the dude talking about spilling coffee. I would look up that actual case. The woman had horrible 3rd degree burns that melted her labia together. All because mcdonalds wanted to save money and have the coffee be able to sit around longer
"should the government tell you what car you can buy" Umm.... that is how it is right now. Sure, you can buy a car that has no headlights, blinkers and seatbelts, good luck driving it though.
@madwtube Trump is actually a 90's Liberal it's just that the democrats are so far left, that anyone can look extremely right wing, even in the dem debates Joe Biden looked far right to them for wanting some sense of closed borders for America. Pretty ridiculous this world is going to hell again.
@madwtube businessman hahaha he got payed out by the Rothschild. You know those guys funding both sides of every war? Funny how people think Trump and Obama are opposites while they serve the same master..
@madwtube Regulations on Russia, China, Venezuela, Iran and so on (literally) all since he's in office. Like the Clintons are not his friends, gonna put them in jail if I get elected and still the Clintons are profiting from Haiti. or maybe assange assange assange times 300, Assange is arrested, Don't know him.... Come on it's so obvious he's part of the same elite club as the leftist. Left media all about these zionist as they control the banks, Hollywood and so on again... Media left and right, zionist (Israel), Trump? Biggest on screen Zionist puppy dog ever... Some people just don't want to see it because they are brainwashed by this left/right Political reality TV SHOW
I work at a state College they buy Cheap overseas products that don't last as long as American products. We had American made valves that lasted 30-40 years, replaced some with Chinese made valves. Most of them failed within 3-5 yrs, they cost 30-40% less but last a fraction of that compared to most American made products.
Unless you could learn all of the laws and regulations of a country in a few weeks, you have too many. You shouldn't be afraid to do things because you don't know if it's illegal or not.
If you think it should be possible to learn all the laws and regulations in a few weeks, you are an idiot. You cant even learn 10% of all the regulations of just one industry in a few weeks. Many industries are very technological and complex. Its like saying anyone should be able to understand the design of a microchip in two weeks. You cant. Youre too stupid. If you could, you would be there making the microchips. Shut up and sit down.
I have been able to hire more and more Americans to work on my Ranching Farm(32,597 acres) due to deregs and the Chinese Tariffs. I have 85 full time employees now. Our average salary to them is $43,879.65/annum in an area where $27,000/annum is total family income. That gave me a $2.2 million net gain in profits to increase annual salary and productivity.
tarifs do harm "the Chinese", but also the US, & primarily the private consumer - not the Chinese government or state coporations - or does he seriously think that every Chinese is just part of a Chinese collective & not an individual?
@@FrankHarwald Actually the Chinese are making out like a bandit with these asinine tariffs. Only we the American people are being screwed over by them.
Absolutely sickening and maddening behavior on the part of our lawmakers!! Will they only stop at the complete distruction of the US?? Thank you, Mr. Stossel
"None of it." Uhh, my brother can literally point to the machine that does it for the ISP he worked at. It deliberately throttled users with minority or undersirable traffic demands and prioritized users with mainstream traffic demands in order to pretend that they could guarantee the level of service they advertised. They were told to tell anyone who asked that they don't do traffic-shaping. My brother would literally answer the phone and be forced to tell someone that even though the machine was right next to him and it was absolutely the cause of the customer's issue. For example, many years ago I recall that a patch for World of Warcraft changed the network packets just enough that their equipment no longer recognized it and prioritized it. Of course, they got hundreds of angry calls from people about how they could no longer connect reliably, even though it really just meant that the game was being treated like any other less-popular or unrecognized game. Imagine if they had specifically interfered with it like they did with BitTorrent traffic! I'm paying for the pipe and they are restricting what I can use my pipe for. Sounds like it's still their pipe.
Proper network administration has to prioritize some packets over others. Otherwise, all traffic would all be slowed down to a crawl. Streaming video is always prioritized over email, for example. It is their pipe, you are paying to rent their pipe. In the terms of service, (that most people don't bother to read and just click accept), you have accepted that they will run their network how they want, to deliver the best service to most of their customers.
@@Dakinbake And yet, here we have someone going on record in Stossel's video to say that it doesn't happen. No matter how you look at it, they are picking winners and losers. Back to the old World of Warcraft example, I watched several competing MMOs come and go without getting a foothold and a lot of that was due to insurmountable "network issues" suspiciously similar to the ones WoW would suddenly have when the box stopped recognizing their traffic. If I am paying for a meg or 3 megs or 10 megs or whatever it was back then and yet I can't really get that for my intended purpose then they are obviously overselling their network capacity. The traffic manipulation didn't just allow them to stave off needed upgrades, it also let them claim higher and higher speeds over the years... which pretty much meant that they would prioritize speed test traffic and some kinds of mainstream online video. The worst part was that they instructed their employees to lie about it so you couldn't even reasonably lodge a complaint to demonstrate customer demand without having inside information or going full-on conspiracy-theorist.
@@emmettturner9452 When net neutrality was first being discussed, they said that certain websites would be blocked on certain ISPs, not throttled. I suspect that was what Stossel and Norquist were referring to, but I'm not sure. Both sides rely on a poorly informed public to push this issue. I am mostly in agreement with you, the ISPs are shady and delay necessary upgrades. The "last mile" problem is a huge issue, as it prevents competition between ISPs, which would encourage them to provide better services. I'm currently on DSL, because the local cable ISP doesn't have service to my house, and it sucks.
Norquist is wrong about companies violating Net Neutrality. They did it *before* the rules were in place, which is why the rules had to be changed in the first place. The rules did not make ISPs "government-run!" www.freepress.net/our-response/expert-analysis/explainers/net-neutrality-violations-brief-history Perhaps after the rule change was repealed, companies are being more careful about it, but they will start abusing their power again.
@@emmettturner9452 "I watched several competing MMOs come and go without getting a foothold and a lot of that was due to insurmountable network issues" Holy crap, this could be why I stuck with youtube, all the other video streaming sites I tried couldn't stream videos without constant buffering.
It's not about all regulations being good or bad. It's about being able to determine when a regulation has good or bad outcomes which is difficult to do.
For all y’all who don’t like trump, vote for him for the economy, he’s done great on that! We don’t want to return to the Obama era of economic stagnation where the entrepreneur and business is hammered
I'm so happy that Trump was elected. He has saved our country. I would like to see a video on North Korea and Trump. North Korea and the United States were close to war, and Trump started talking to Kim Jong-un and they were able to work things out.
i didn't realize just how badly america needed to be saved until his candidacy and presidency stirred up virtually every pocket of institutional power in opposition to him. they've really shown how lousy they are these last four years.
I have to agree, oligopolies is there is such a thing are like monopolies or cartels, they cannot exist in a free market because somebody always cheats and the whole arrangement falls apart. If you want one of those, you have to ask the Congress for one.
Ray R The issue there is not every market is perfectly competitive, take telecom companies for example, even without government involvement the barriers to entry are pretty high.
I remember the bay running red from the pulp mills that lined our waterfront. During Vietnam, I remember my brother and I rowing around the Carriers returning from Vietnam, in Alameda, and dumping trash right off the carrier decks. We found lot's of cases of rations, and would strip them of the cigarettes, and candy. I remember seeing cars, and tires lining the river banks. The black oil soaked rocks we would slip on at low tide. People would dump their engine oil in the bilge, and pump it overboard. Turds and paper floating on the top. Yeah, I really want to go back to that! Thanks to the EPA, things are cleaner, but we still have a long way to go! Without the EPA, I can only imagine how ugly America would be today. Our highways, are still lined with trash!
The greatest deregulator of the past 50 years was neither Trump nor Reagan. It was Jimmy Carter. Carter deregulated: - Airlines - Telecommunications - Interstate trucking - Railroads. Liked the prosperity of the Reagan years? Thank Carter.
Dollar tree has incandescents. There's literally no reason to buy them though. LEDs and high quality CFLs are way better. Some CFLs really suck though, so I get the dislike for them. I got some amazing GE brand CFLs that I like even better than LEDs. LEDs are usually the way to go though. Cheap, reliable, high quality light. Incandescents are expensive, unreliable, fragile, and wasteful
@@user-jc2ez6ig5z It's really hard to find soft colour led's though. They all seem to be on the white colour spectrum. And they are like 10x the price of traditional bulps.
Some Random Fellow they $1 LEDs at Dollar tree (lower quality though). I see them for under $3ea a lots of different places all the time. Given that Incandescents Use 7X !!!! the amount of energy and have such a short lifespan, the $1-$2 you spend on the initial purchase pays itself off really quickly. I like the color of incandescents, but there are LEDs and the CFLs(much more rare) that I like even better.
@@MilwaukeeF40C It adds up. If blowing a $100+ per year so that you can have the nostalgia of your childhood's lightbulbs is worth it to you, more power to you. To me, that's a lot of money, that I'd rather spend on things that add value to my life. And it's about more than money, reliability is just as important to me. Incandescents are so fragile and have short lifespan.
Law of unintended consequences. Governments seem to be the masters of messing these things up. This stuff drives me mad. I’ve lost thousands because of a new regulation that forbid me to rent out my property because the heating system, 3 years old, wasn’t ‘environmentally’ friendly enough. I fell perfectly in between the wording of the legislation meaning that it’s actually impossible for me to rectify the problem without demolishing the entire property and rebuilding it just because the radiators aren’t on the right form of timer. Nothing to do with the environment, everything to do with a company that sells one certain type of heating system lobbying the government to force all properties to have that type.
I don't think Obama-era clean car regulations were that bad, but repealing them won't affect us too much because automakers are moving towards higher efficiency electric cars in the future.
To be fair, I drove through west Virginia on a trip and stopped in a small town to rest and fill up. The air quality in that town was horrendous, like China bad. turns out the town was down wind of a coal power plant. to the locals it was "normal" air but any outsider will gag at the terrible air quality. I'm for deregulation but I seriously think people should not confuse "global warning" with pollution. We still need the pollution regulation to be enforced!!!!!!!
@@newvultraz It once functioned as such. Until govt decided it can do a better job at punishing your aggressors than you could, even though you would never "corrupt" and go against your own case, lol. Before people could sue through tort law if a factory produced smoke that damaged their property.
EPA has put very strict laws on new diesel trucks, people can no longer remove the emissions even if the vehicle is a total off road/private property use vehicle....
When assessing Trump's deregulation report card, one must examine which repealed regulations are significant and which are minor. The same applies to any new regulation Trump enacts. It isn't unreasonable to expect that one new regulation is more degenerative than the five repealed regulations that accompanied it. I have heard other prominent libertarians say as they tally up all of Trump's taketh and giveth policy procedures, Trump's record on regulation reform amounts to a wash.
Still, the idea of him deregulating is promoting the growth and business, which many were unwilling to do under Obama rules. There is nothing more important to an economy than confidence, and that is what Trump is creating.
@@torva360 The final results have yet to be tallied. Consideration must be given to Trump's negligent abandonment of free market principles and his disinterest in fiscal responsibility pertaining to other major sectors of the economy. Trump has already established a his propensity for haphazard decision making and for taking two steps back for every step forward. There's no doubt Trump is creating something. Whether his creation is that of a monster or a messiah is uncertain at this stage.
Isn't the stock market still up 40% from when Trump was inaugurated? Sure we've had a few dips here and there but overall it's still up and unemployment is at record lows.
Bond market is inverted which indicates a recession is looming. Pimco is dumping sovereigns. China is marginalizing the US with the Belt and Road Initiative. Truckers are decreasing delivered goods because of no demand, the car industry is in a serious slump, Germany has entered into a recession, and our debt is exploding. The stock market is no longer an indication of a healthy economy. We are on the verge of collapse. This is not Trump's fault because it's been brewing for a long time. Any economy with close to zero interest rates is not healthy.
The econemy is booming because of trumps trade and deregulation policies. It doesnt take two years for a recession to strike. They have it all planned out so that if Trump losses 2020 whatever Dem wins can not take the blame for reversing all trunps hard work and tanking the econemy.
The Net Neutrality point misses the issue. Net Neutrality was necessary because of other regulations at the state level, which granted statutory monopolies to internet service providers (especially cable companies) that led to numerous abuses, such as charges for using their service that didn’t cause any marginal cost (ex: data caps, to bandwidth caps), prevented completion so that in essentially all areas its unlawful for a competing cable company to operate as opposed to phone companies, active filtering and monitoring of users actions and then selling that to advertisers (Verizon especially). What’s the market solution to these problems? There isn’t one, cause of state monopoly laws that grant exclusivity. The FCC could have preempted those rules (and that’s what they should have done), but the Net Neutrality rule was the other way, and it needs to be understood in context.
I agree with everything but net neutrality. Just because something hasn't happened yet doesn't make it false. In Portugal and other nations you have to pay a fee to your ISP to use a certain app. I personally believe that internet is integral to free speech, and to allow corporations to control speeds for different websites depending on content, is clearly unconstitutional and dangerous.
@@john6291 Nobody is entitled to these outcomes. It is fine if rural areas stay rural, communities don't always grow, and markets favor more efficient centralization.
@@MilwaukeeF40C so, if this was 1919... should they have telephones? roads? you want your communities to flourish... and yes they are entitled to certain necessary basic advancements... the internet has become that.
I looked into some of the things he repealed and the guy Stossel is talking to isn't saying much. They keep saying it will be better for the environment which is false. Under Obama, the coal plant emissions plan would have stopped 1.4 billion pounds of waste from entering water ways which include heavy metals. The new plan relies on *voluntary* compliance with reducing emissions and the plan was only going to reduce 1 billion pounds of waste water from going into the water ways. I like Stossel but I think he chose the wrong guy for this one. The less shit we put out right now, the more time we will have to advance technology and get pollutants out of the planet. So relying on companies who love their money to just voluntarily comply with something that will cost them lots of money (rebuilding or upgrading filtering technology for an entire plant costs a LOT of money) is a bad idea. I think Trump is in the wrong on this one.
@I'll do it The other party? You're referring to China right? Whatever tariffs we had in place before trump were bad, it doesn't matter what tariffs China wants to put on importing our goods. This idea that tariffs need to be equal is like a 5 year old. If we actually believe in free markets then we should set the example for the rest of the world with no tariffs.
@I'll do it "China is Communist free market rules do not apply" Smh. So is the US and so are the policies Trump is using to TAX and REGULATE trade, fool! 10 Communist Manifesto Planks of the US Government web.archive.org/web/20170129045835/voicesofliberty.com/2015/02/22/10-communist-manifesto-planks-of-the-us-government/ Leave it to a magatard moron to believe "we're gonna create free markets and free trade by taxation and regulation" thereby destroying free market and free trade and do it because "Trump and Faux News said it would work."
@I'll do it "They print infinite money". Well, golly gee there beev, exactly WTH do you think the Federal Reserve does? China isn't the bully warmonger that forces every nation at gun point to use the US dollar. Thats what the US does and is one reason all our wars are fought. Geesh! You magatards are ignorant AF, aren't you?
As an American, I believe that the entire point of the government is to preserve the human rights that we carry, which is life, liberty, and the pursuit of happiness. If the government gets in the way of that, then we have the right to rebel.
Can't wait to get my medical care out of a taco truck from someone with no degree... I can understand getting the insurance companies out of our medical system, but unregulated health care???
The financial firms were NOT regulating themselves. The federal government was FORCING them to give real estate loans to unqualified individuals in areas that were NOT financially viable in the name of racial equity. And, FORCING them to give 100% of value loans... no down payment to worry about. When the economy dipped, and the property was not worth the mortgage... millions stopped paying. Why pay a $50,000 mortgage on a house that is now only worth $40,000??? The federal government had to bail out the banks... because THE GOVERNMENT was the one that forced them to issue the loans in the first place. So... the government created the problem... as usual.
> They are inherently bad because they break non-aggression principle. 1. How so? 2. Why do you believe the non-aggression principle is inherently good as a universal? > Could you name a regulation that is good? A few: Building codes Not dumping toxic waste into water or land Food creation, storage, and preparation Medical devices and medications Monopolies
@@ConceptHut If the water or land was vacant, they can do whatever they want with it. No one is being hurt. If you decide to dump toxic chemicals in a water source that is already being used, you are hurting people that already had some form of property law regarding the water source. You can then demand through force compensation for damage to this property. Building codes also increase cost of construction. Construction companies already don't want to suffer a reputation loss from having their buildings break down within the year... as always there is always a natural balance in a free market, in this case it's reputation. You won't be getting any bailouts by the government either once you go bankrupt, so your mistakes will be more permanent. The FDA has also arguably killed more people than saved through regulations because of the fact that it's in the best interest of FDA regulators to take their time (excessively so), because there is no incentive to pushing out many new drugs, but there is a very big incentive to not make mistakes (you get severely punished for approving a drug that may not be as good as advertised). Millions die in America that could already be saved by drugs that are available in other countries already. Finally, monopolies aren't inherently bad. There is nothing wrong with a non coercive monopoly, since it is by virtue of good product and/or service that they maintain a market leadership. Without government interference it's basically impossible to maintain a coercive monopoly, because any "price gouging" that occurs will just open up the possibility for a newcomer to decimate a huge portion of the current market leaders market share.
@@ConceptHut If I have to explain to you why non-aggression principle is inherently good as universal, I don't know what to tell you. I mean, unless you're a complete psycho, it should be self-evident that violence is not justified, unless in self defense. Like I said, dunno what to tell you. Building codes drive the house prices up and create homelessness. Not dumping toxic waste I have no answer for you straight away but private environmental organizations are pretty effective. You don't necessarily need governmental intervention. Food regulations drive the food prices up and stifle the economy. Yes, it's good to have food that is safe, but this is something that quickly self corrects. Medical regulations create monopolies and kill people. Monopolies: regulations create and keep up monopolies.
All news is propaganda. Believing it isn't is what allows you to be manipulated. Libertarians (Left or Right) care for scientific confirmation. Authoritarians (on both sides) only care about consensus, it's what they call checking a bunch of other news sources "fact checking". Currently the majority of the Left has swung up (authoritarian) and this is why they are so dangerous right now. In the Bush days the Right were the authoritarians. Odd how the conservatives wanted to ban everything in 2003 and now it's the liberals.
@@wolfpack4128 If you can't prove it yourself you can't prove it at all. How different is "scientific confirmation" from a group consensus? You still have to end up trusting someone is telling the truth. Otherwise you end up perpetually re-discovering or proving once again basic concepts from the ground up just to be able to actually know reality in any meaningful way.
Lack of regulations will just make companies more competitive. Consumers clearly want the markets to consider the environment, so they will advertise themselves and compete for ever greater environmental considerations, without government taking away their capacity to do so.
He has to win 2020 to get the trade deal china is waiting. The dems call a recession by 2021 so that if they win they can reverse all trumps trade deals lose the trade war re enter silly scamming climate change bs and tank the econemy and they will already have fuckwits like Sharksfan710 brainwashed into thinking a tanked econemy is all trumps fault so they will keep voting for dems who destroy their lives. Its easy to do when people are retarded like sharkfan
If Trump is good for the economy how do you explain tariffs? They never work without us paying for it. If he wants to help then stay out of the way and leave us alone. Now he could help by 1) end capital gains do people can hang on to their money, 2) end inheritance/death taxes, 3) end corporate taxes which we pay for anyway, 4)sunset the IRS 33% each year while simultaneously decreasing spending/budget by the same amount
It takes time but it's coming. Prices going up, stocks going down on companies already hurting. Own a leeco device? Worthless. Toyota? They are worried. You cannot manipulate or predict economies. Leave them alone and let them work it out. China has already overextended itself in real estate. Building entire cities that sit empty. When that bubble bursts then what?
I would actually prefer regulation on internet and have protections for it rather than leaving it up to the providers. Seeing what has happened to wireless/telcos, the internet could be ruined.
I got a 18 $ hr job Bc my bosses were able to open our buisness and now they want me to take it over in the next couple years , trumps economics helped me and 5 to f my buddies 2 of withtch can’t even see how the benefited off of him being elected
One small issue with the video: small cars being more dangerous is largely due to an arms race; if all cars were small, they wouldn't be (much) more dangerous. But large cars have more inertia, so in collisions, the smaller cars lose.
That guy is talking about "you can only buy some car brand" as bad and "some internet service can be slowed down by ISP" as a good thing... do he really know what he is talking about?
Why can't we vote on regulations? It's called a referendum... publish the new proposed regulations and in a few months later let the public vote. Problem solved.
It blows my mind that regulatory agencies have carte blanche to pass rules with the same authority as law.
Tech Tacho I don’t recall an amendment allowing it.
Are you an idiot? Congress passes regulations asshole!
@@jimengle1615 Congress passes laws (United States Code) and administrative agencies pass regulations (Code of Federal Regulations) - it's similar for the states. Agencies have only as much authority to pass regulations as Congress authorizes (and only as much authority as the Courts allow Congress to delegate to the agencies).
The Administrative Procedure Act (Pub.L. 79-404, 60 Stat. 237) enacted June 11, 1946, governs the way in which federal agencies establish regulations granting federal court oversight over their actions. Most violations are fines backed up with criminal charges for non-compliance, contempt of court charges. Extension of FDR's 100 New Deal agencies, costing the previous 10 years ENTIRE BUDGET (most programs where simply bribes for votes), congress couldn't pass laws quick enough so each agency got to pass their own. Currently have over 480 agencies (exact # not countedx)
Woodrow FDR & “unconstitutional” isn’t a surprise to me. What aggravated me is the federal government has never been empowered to bypass the process to create anything that carries the weight of law. Yet they exist
"Government is NOT the solution to our problems. Government IS the problem!"- Ronald Reagan.
Amen!
Reagan killed many Americans
@@ousarlxsfjsbvbg8588 all the president's killed Americans it's more of a natural course of life
Ezekiel Reagan not just killed many of our poorest citizens with his bullshit economic policies but he also killed a great number of people abroad by supporting brutal dictatorships just because they were anti-communist.
@@ousarlxsfjsbvbg8588 dude if a rapist tells me religion is wrong and should not be shoved down childrens throats i will agree
I dont like him but he is right
I love Stossel, probably the only reason I cone to reasontv, other than remy. The guy is a true libertarian and is willing praise good actions and criticize bad actions.
Yep, we should apply that to everyone. (And give the reasons why we think they are bad in the first place)
Bananas ooh nah nah
Been watching him since I was a kid on 20/20 and read his books and I'm glad he's remained consistent this whole time. It's a rare thing.
He will ask some tough questions, he gives the other side of the discussion.
Hard to believe he used to work for ABC!
"If you get your news from late night television "
Sums up our problem
If someone tried to fine me $37,500 a day I'd just stock up on ammo and wait for them to come collect.
Yeah, I'd pretty much be totaled at that point.
that's insane. After the first day our family would be on the streets.
They will take it out of ur investment and bank accounts. They dont need to visit you
@@anthonygreenfield123 ... you realize they're going to be coming for your house as well right?
Why wait? They're hunting you, so you may as well defend yourself.
I live in the great blue state of Washington (read sarcasm in that statement). The regulations that democrats consistently put in place make it really hard to start and run businesses. Here is an example. Say I was a motivated young person who loved working on cars but had a full-time, low-end job. If I wanted to start a side business at home, buying cars, fixing them up, and then selling them, I literally cannot do it; it's illegal. State regulations are in place that require me to have a commercial building, that my business have hours from at least 10 AM to 4 PM, and that I be open at least five days a week. In other words, no one can start a car business in Washington unless they have significant capital UP FRONT! No matter their skill, talent, or work ethic.
They put the regulations in place because there were too many "fly by night" mechanics that were contaminating the ground and water around them, So now those people just do it illegally, probably don't pay taxes while they do it, and most likely just dump the oil, anti-freeze, etc. into the city sewers.
Those regulations were all created because some sleazy company screwed a bunch of people over, and sleazy companies will just ignore them...
@@nonebiz2132 No those regulations were implemented to protect the unions. FACT.
@@lylecampbell9036 EPA and OSHA regulations don't have anything to do with unions, they deal with the environment and workers safety. I've seen so many backyard mechanics just dump their fluids into the street it just makes sense it was criminalized. It all ends up in a river somewhere...
Now city regulations about business locations and hours is a different story...
@@nonebiz2132 those agencies will fine you if they catch you doing that. This is corporate approved bills to push that little guy who could be the next ford under so they can have as much control as they can. Why do you think bezos is trying to raise the federal minimum wage? To hurt his competition. This will hurt small jobs too. My dad who owns a cabinet shop wouldn't beable to afford these changes at all.
@@themeddite Precisely why we need tariffs, because people working in the US shouldn't have to compete with workers in Asia... And big corporations shouldn't be able to move their profits out of the country so they can evade taxes.
Al Gore: “His proposal is literally insane”
Uhhh projection much?
Hey Al, do you know what "literally" means?
Come one guys, Al Gore is super cereal...
Yes, Al Gore's proposals are literally insane.
Kevin O'Leary has stated that Trump's deregulations have made California businesses viable again. He loves Trump's policies, as do I.
That interview was awesome
It appears that California's gluttonous authoritarian governments are doing their best to counteract any beneficial effects of federal deregulation that might benefit business.
Don't worry. California is working hard to undue that.
California 2,2 trillion dollar economy?
I do like stossle, he’s a great well educated man. I do however respectfully disagree on the whole small cars are at greater risk of death than big cars. I know a person who was driving a Mini Cooper and got hit head on by a bigger car and the mini driver left his car and walked away without a scratch on.
If Al Gore is against anything, I'm 100% for it.
I hear that Mr. Gore is against child sex slavery.
@@northernbohemianrealist he's got a point. Its not good but ha has a point
too much guilt trip from South Park eh?
The one good thing Bush did; not letting Gore be president.
@@a54109
Bush actually did a few good things, believe it or not. A little while ago, I ran my own little research project to use numbers to indicate which presidents were the best.
Two of the major criteria I used were homicide rate and drug addiction rate. Under G.W.B., we had ridiculously low homicide and drug addiction rates. So, using those metrics, his policies, or lack thereof, make him one of the better presidents we've had post-1950.
Just to clarify, these were all 'laws' made up by non elected government employees, right?
@I'll do it Government is people asking their masters to please tell them how to better behave, instead of just doing it themselves.
Anything passed by Congress would need Congress to pass legislation. That's been the main reason Trump hasn't been able to go any further.
groovestaffel yeah we should just expect businesses to do the right thing. silly EPA
@@soymoder If "the right thing" means letting peaceful people freely trade, then yes, that's literally what businesses do. Some however, use government to enact regulations that only help to serve themselves... This coercion would not be present in a stateless society. I fail to see why regulation is needed if everything can be covered by tort law. What about expenses you say? If someone is too poor to hire enough lawyers/investigators, then they could simply sell a share of the claim to someone who believes that they have a strong case. If all else fails, you always have charitable organizations willing to cover the expenses. As far as I can tell, these are already more options than what a typical person has today when suing a massive corporation protected by countless laws.
groovestaffel You can be as peaceful as you think and still cause irreparable damage to shared property. Worse still, the environment has no lawyer. You’ll have to wait until problems get so bad that there are patterns of human injury and proximate cause.
Who gets damages when food chains break down? What responsibilities will businesses take to maintain biodiversity? Is profit sufficient for sustainability?
Human interests do not maintain human needs. Look no further than deforestation, anthropogenic extinctions, and industrial pollution.
Personally, I’d strangle a few orangutans to save a human, but with 7 billion people making the same decision, we’d run out of things to kill.
Lesson: don’t get your news from late night comedies.
Trump undid Obama's refrigerator repair rules, lol.
I saw that and now I am curious what that was about
@@edd542 Me too... Googling it just turned up "Obama is wonderful" and "Trump is evil" type articles... If someone digs something up, I'd be curious to read it.
Must be some real petty ass shit.
Some of these regulations, eg refrigeration repair, are based on physics and reality rather than maximising Carrier’s profits? en.m.wikipedia.org/wiki/Refrigerant
Ignoring long run risks shovels shit on the next generation, just like the debt.
The fact Trump Is cavalier on both regulation and debt is evidence the only long run risk management he cares about is ensuring he always has someone else to blame.
@@oztexan I read through the wiki page and found nothing relative to Obama administration policies. What are you talking about?
Too bad our debt is crippling.
Yea funny how that is not mentioned with all the supposed economic growth. Though using deficit is probably better
And that's why a wall and less immigrants (of any type) will help stop the fiscal hemorrhaging; Social services, infrastructure overload and money flowing OUT of the country matter...
@@RetroMMA "a wall and less immigration will stop fiscal hemorrhaging..."
When Trump has asked for and received $1.49 trillion for MILITARY SPENDING (aka more than 70% of tax revenue), only a brainwashed border worshipping magatard would blame immigrants when Trump is intent on fighting more wars for his boss, Netanyahu, as Trump continues to put ISRAEL first!
@@MrJjjd1 Really? Blaming Jews is so progressive.
@@BrianHamil Im pretty sure it refer to one person, unless you are playing identity politics.
I love the slow, easily absorbable language Stossel uses when he knows he's talking to the unwashed masses.
unwashed? unbrainwashed? i think deregulating 5g environment investigation 6:20 is going to come bite us in the ass. it is ironic, that its trump guys, who talk most of dangers of 5g in their conspiracy forums. there's emerging evidence that it kills bugs. then bees die. then flowers wont get pollunated. and so on. ( phys.org/news/2020-09-mobile-insects-german.html The analysis of 190 scientific studies ... Of the 83 studies deemed scientifically relevant, 72 showed that radiation had a negative effect on bees, wasps and flies.)
"repealed title ix sexual assault guidance" somehow I don't think that's because of economy interests. what is title ix? well, it is Federal civil rights law that prohibits discrimination on the basis of sex in education programs and activities. " Title IX Prohibits Sexual Harassment and Sexual Violence Where You Go to School"
"repealed emission limits for new coal power plants" so, will air get dirty again? "repealed methane leak limits"
6:39 "they take our freedom" but isnt there a negative freedom, too? freedom to pollute the air we all breath? freedom to kill bees of which we cant survive without? freedom to sexually harass? who gave you the right? you don't own the air and the bees. or women, lol.
@@Redmanticore Maybe my original comment was a bit vague but I was taking a jab at Stossel's audience. They seem to lap up everything and take every fact at face value.
he's like 60 minutes if they actually still focused on getting us the full story
Actually, equally good is the fact that he removed many duplicate, not needed, or obsolete regulations. Most regulations can't just be abolished. Most regulations removed where already covered somewhere else or had a different enforcement method. For example, if there was an agricultural regulation which said you can't put a farm within 1,500 yards of a reservoir and their was a water management regulation which said you can't zone any land within a mile of a reservoir... then you can just remove the first since it was covered by the second. Likewise if you have regulations dealing with copper telephone cables and 90% of the country has already replaced copper lines with fibre-optics... the regulations for copper lines can be removed without really affecting anyone.
The actual copper lines can also be removed without really affecting anyone.
I guess leftists would rather manufacturing take place in places even less regulations such as China -- as if we don't all share the same ionosphere
Ionosphere is a big word. 🤔
China is all about green energy and Not polluting the environment.
@@monkeywkeys3916 sure
G S hahaha nice try Xi
@@monkeywkeys3916 sarcasm ?
We need far far more deregulation! Running a buisness in a regulated industry is absolutely awful.
I say that we start with stop signs. I know where I'm going and shouldn't have to stop.
@@northernbohemianrealist in most of the world that actually is what people do. Lol Stop signs go into the category of making sure other people know what to do in a situation where if there is no coordination it would be less efficient. If vehicles could communicate and coordinate stop signs would indeed not be needed, you can also have roundabouts,lots of ways without regulations cars can be coordinated. Not really a good anology to regulations as a whole.
The devil is in the details and the fact is that regulations add to the cost and limit innovation and do not prevent what they intend to prevent. Unintended consequences, the seen and unseen, if you will are real and have real costs.
My industry the animal feed industry is highly regulated and this increases the cost and lowers the innovation and variety available to farmer's. And there are still tainted feeds and livestock dieing every year. I don't see how paying a fee and having to list a feed in Texas with the government does anything at all to prevent a contaiminated feed from still being sold. Just paperwork and feel good regulations that distract from doing the actual work of making feed. Study public choice.
Even without stop sign traffic will regulate themselves naturally
Nobody want to die from car accident
If you value your life you won't do that anyway
@@kalimacho1 ahahahaha have you ever seen traffic in a big city anywhere on this planet? believe me, lots of people would rather die from a car accident than regulate themselves.
I am so grateful for Mr. Stossel and his mind! We are so lucky to have this man bringing the public these insightful broadcasts loudly proclaiming all the enormous benefits of freedom and liberty! Keep up the amazing work, my friend!
GET OUT OF MY LIFE!!!
@@MilwaukeeF40C The bureaucrats and the busybodies just can't seem to get that message! You're right, they do need to get out of all of our lives!
All the enormous benefits for the 1% which are actually harmful for everyone who isn't a millionaire
@@TheSuperappelflap Would you like to elaborate? Do you have any concrete examples?
@@iowasenator Watch the documentary "Inequality for All"
We need this in, our now extremely oppressed, Canada, but still be GOOD neighbors. NOT screwing with each other.
I hate to disagree with you John, but pollution did not go down because of EPA regulations. Pollution went down because 1) the number of fire burning stoves has plummetted to nearly zero outside of sub arctic and arctic areas, 2) customers have demanded more fuel efficient vehicles, 3) poverty has been virtually eradicated so people actually have time to CARE what their environment looks like.
Meanwhile they are regulating the trading of cryptocurrencies after already investing, costing me. There are tax friendlier countries out there ✈️
I remember the scare when net neutrality was repealed. For some reason, people (including me) seemed to think that deregulation would increase censorship somehow.
It did? You do understand the regulation prevented comanys from fucking over the internet right?
@@John-jg2km Give one example of a company f***ing over the internet since net neutrality was repealed.
@@smajet5640 I dont think you understand what net neutrality did. It gave users protections rather then leaving it up to the providers. Look at what's happened with wireless/telcos. Net neutrality protected the free market online from ISPs who have now dominated it with monopolies.
Net neutrality was never about censorship, it was about protecting the free market. Just because nothing has happened now with slower speeds in payment options isn't an argument against net neutrality.
@@smajet5640 every big ISP in the USA
Except the law was all about censorship. The courts gutted 95% of the law, and the little that remained allowed freedom.
sure enjoyed this balanced production. Thanks
Cisko Kidd hoping sarcasm? Stossel's source was a lobbyist. not too balanced...
A very fair analysis of Trump’s policies. Not everything he does is good but for what he does right we outta praise him for.
Praise him for giving more of your tax money to a financially strong country Israel.. Great president for the US.
thats the thing, yes trump might be a dick or an asshole but lets not be blinded by the good things he does. if not it makes us the very thing we criticise him for
@@MrAlious the more we criticise, he will stronger than the god-emperor that he is
A hearty slap on the back for that report, John! 👍🏻👏🏻
I watch all your videos, tap “like” when I do (almost always), and send a contribution now and again. THIS video was one of your strongest, IMHO. Bravo! 👌🏻🖖🏻
Marvelous video, Stossel. I was so terrified that I would see a video only praising Donald Trump for his efforts to deregulate without addressing his many flawed restrictions on free trade. I try every day to convince more and more people in my life about the power of the "philosophy of freedom", and videos like these make that easier. Keep up the effort!
I'm also of the opinion that tariffs are bad, but most of President Trump's proposed tariffs haven't even gone into effect. He uses the threat as a bargaining position. So far, it seems to be working.
@@bbgun061 what is he bargaining for?
@@derp425 Dono why you think it is a good thing for all products to be produced in China
Here in CALIFORNIA it became a real cluster "FACK" when electricity was deregulated
"Yes, but..." But nothing. Facts are hard to argue with.
Thinking only your side has 'facts' is pretty sad, and says a lot about you.
@@Misdreamer Never said nly my 'side has 'facts'.
In fact, that is not so. Facts are facts, no matter from where they come.
make your “liked videos” private bro. that’s embarrassing 😂
@@soymoder Don't be embarrassed. We're all entitled to an opinion.
I remember all the lefty loonies freaking out over net neutrality lol
Ngl they tricked me into believing it
Yet what Comcast was trying to do (limit how much data you could use without paying for more (data caps)) was due to them saying that the internet couldn’t handle the massive data transmissions that would come to pass as our nation grew. Then covid came around and tons worked from home, data caps were lifted and our internet still works. Yea deregulation works so well for the companies and drains your pocket book just as much. And before you say you can switch providers...you can’t. Some cities sign contracts making Comcast or time Warner the only providers other then Verizon (dial up) or satellite...yea not really a choice in this day and age
I was fooled as well
@@Chris-cv1ll your lack of choices isn't a product of capitalism. Its a product of government regulation.
It’s been years No one has died yet! 😝
Great vid, great vid indeed. Although, I'm slightly disappointed because it was a bit one-sided. The thing I love Stossel's work is considering both points of view.
It isn't hard to find the opposing point of view. It's everywhere else.
@Trump 2020 theres are always pros and cons of any decision made. A lot of the arguments in this program were facetious at best. For some reason they argue things like not requiring overtime pay and limiting emissions are a good thing.
Best example of a bad argument and a key to me is the dude talking about spilling coffee. I would look up that actual case. The woman had horrible 3rd degree burns that melted her labia together. All because mcdonalds wanted to save money and have the coffee be able to sit around longer
@@Notsram77 not always from a reasonable mouth, though
"should the government tell you what car you can buy" Umm.... that is how it is right now. Sure, you can buy a car that has no headlights, blinkers and seatbelts, good luck driving it though.
And then Trump removed the Tea Party's work to withhold the insane debt levels. LOL
Trump is an absurd contradiction.
Very true but I think we should still applaud when he does make good policies.
@madwtube Trump is actually a 90's Liberal it's just that the democrats are so far left, that anyone can look extremely right wing, even in the dem debates Joe Biden looked far right to them for wanting some sense of closed borders for America.
Pretty ridiculous this world is going to hell again.
@madwtube businessman hahaha he got payed out by the Rothschild. You know those guys funding both sides of every war? Funny how people think Trump and Obama are opposites while they serve the same master..
@madwtube Regulations on Russia, China, Venezuela, Iran and so on (literally) all since he's in office. Like the Clintons are not his friends, gonna put them in jail if I get elected and still the Clintons are profiting from Haiti. or maybe assange assange assange times 300, Assange is arrested, Don't know him.... Come on it's so obvious he's part of the same elite club as the leftist. Left media all about these zionist as they control the banks, Hollywood and so on again... Media left and right, zionist (Israel), Trump? Biggest on screen Zionist puppy dog ever... Some people just don't want to see it because they are brainwashed by this left/right Political reality TV SHOW
@madwtube Bro~~~ why d○ you *use* $uch ♧flowery language ☆~☆
For a moment there, I thought the headline read, "Trump's Degeneration".
jeffersonianideal ??
@@drew8642
Is yours a question or a statement?
If the government comes to help you, vote ‘no’ and then run!
I work at a state College they buy Cheap overseas products that don't last as long as American products. We had American made valves that lasted 30-40 years, replaced some with Chinese made valves. Most of them failed within 3-5 yrs, they cost 30-40% less but last a fraction of that compared to most American made products.
Unless you could learn all of the laws and regulations of a country in a few weeks, you have too many. You shouldn't be afraid to do things because you don't know if it's illegal or not.
Sure. If a simpleton can't understand the rules regarding a nuclear power station, those should be dropped.
What a comment.
@@northernbohemianrealist a simpleton won't have access to it
If you think it should be possible to learn all the laws and regulations in a few weeks, you are an idiot. You cant even learn 10% of all the regulations of just one industry in a few weeks. Many industries are very technological and complex. Its like saying anyone should be able to understand the design of a microchip in two weeks. You cant. Youre too stupid. If you could, you would be there making the microchips. Shut up and sit down.
I have been able to hire more and more Americans to work on my Ranching Farm(32,597 acres) due to deregs and the Chinese Tariffs. I have 85 full time employees now. Our average salary to them is $43,879.65/annum in an area where $27,000/annum is total family income. That gave me a $2.2 million net gain in profits to increase annual salary and productivity.
Protectionism is the antithesis of libertarian government.
Force is the antithesis. The nonaggression principle is fundamental to libertarianism.
tarifs do harm "the Chinese", but also the US, & primarily the private consumer - not the Chinese government or state coporations - or does he seriously think that every Chinese is just part of a Chinese collective & not an individual?
@@FrankHarwald Actually the Chinese are making out like a bandit with these asinine tariffs. Only we the American people are being screwed over by them.
@@Trenaway they want to hit the US gov, but they're mostly hitting the US people, the US & Chinese consumer - see where the problem is?
Absolutely sickening and maddening behavior on the part of our lawmakers!! Will they only stop at the complete distruction of the US?? Thank you, Mr. Stossel
"None of it." Uhh, my brother can literally point to the machine that does it for the ISP he worked at. It deliberately throttled users with minority or undersirable traffic demands and prioritized users with mainstream traffic demands in order to pretend that they could guarantee the level of service they advertised. They were told to tell anyone who asked that they don't do traffic-shaping. My brother would literally answer the phone and be forced to tell someone that even though the machine was right next to him and it was absolutely the cause of the customer's issue. For example, many years ago I recall that a patch for World of Warcraft changed the network packets just enough that their equipment no longer recognized it and prioritized it. Of course, they got hundreds of angry calls from people about how they could no longer connect reliably, even though it really just meant that the game was being treated like any other less-popular or unrecognized game. Imagine if they had specifically interfered with it like they did with BitTorrent traffic!
I'm paying for the pipe and they are restricting what I can use my pipe for. Sounds like it's still their pipe.
Proper network administration has to prioritize some packets over others. Otherwise, all traffic would all be slowed down to a crawl. Streaming video is always prioritized over email, for example. It is their pipe, you are paying to rent their pipe. In the terms of service, (that most people don't bother to read and just click accept), you have accepted that they will run their network how they want, to deliver the best service to most of their customers.
@@Dakinbake And yet, here we have someone going on record in Stossel's video to say that it doesn't happen.
No matter how you look at it, they are picking winners and losers. Back to the old World of Warcraft example, I watched several competing MMOs come and go without getting a foothold and a lot of that was due to insurmountable "network issues" suspiciously similar to the ones WoW would suddenly have when the box stopped recognizing their traffic. If I am paying for a meg or 3 megs or 10 megs or whatever it was back then and yet I can't really get that for my intended purpose then they are obviously overselling their network capacity. The traffic manipulation didn't just allow them to stave off needed upgrades, it also let them claim higher and higher speeds over the years... which pretty much meant that they would prioritize speed test traffic and some kinds of mainstream online video.
The worst part was that they instructed their employees to lie about it so you couldn't even reasonably lodge a complaint to demonstrate customer demand without having inside information or going full-on conspiracy-theorist.
@@emmettturner9452 When net neutrality was first being discussed, they said that certain websites would be blocked on certain ISPs, not throttled. I suspect that was what Stossel and Norquist were referring to, but I'm not sure. Both sides rely on a poorly informed public to push this issue.
I am mostly in agreement with you, the ISPs are shady and delay necessary upgrades. The "last mile" problem is a huge issue, as it prevents competition between ISPs, which would encourage them to provide better services. I'm currently on DSL, because the local cable ISP doesn't have service to my house, and it sucks.
Norquist is wrong about companies violating Net Neutrality. They did it *before* the rules were in place, which is why the rules had to be changed in the first place. The rules did not make ISPs "government-run!"
www.freepress.net/our-response/expert-analysis/explainers/net-neutrality-violations-brief-history
Perhaps after the rule change was repealed, companies are being more careful about it, but they will start abusing their power again.
@@emmettturner9452 "I watched several competing MMOs come and go without getting a foothold and a lot of that was due to insurmountable network issues"
Holy crap, this could be why I stuck with youtube, all the other video streaming sites I tried couldn't stream videos without constant buffering.
It's not about all regulations being good or bad. It's about being able to determine when a regulation has good or bad outcomes which is difficult to do.
For all y’all who don’t like trump, vote for him for the economy, he’s done great on that! We don’t want to return to the Obama era of economic stagnation where the entrepreneur and business is hammered
What if the entrepreneur wants to get hammered?
Even Obama was gun friendlier than Trump. :(
I'll vote for him but only because he's not one of those socialists.
@@newvultraz Is there someone who you could vote for that represents your views well?
Allways click on a Stossel video because he knows what he is talking about
I'm so happy that Trump was elected. He has saved our country. I would like to see a video on North Korea and Trump. North Korea and the United States were close to war, and Trump started talking to Kim Jong-un and they were able to work things out.
i didn't realize just how badly america needed to be saved until his candidacy and presidency stirred up virtually every pocket of institutional power in opposition to him. they've really shown how lousy they are these last four years.
I miss him 😑
Here’s a question for everyone, how do we deal with oligopolies?
Get rid of the source of their power
@@matrixman8582 I agree, get rid of government :)
I have to agree, oligopolies is there is such a thing are like monopolies or cartels, they cannot exist in a free market because somebody always cheats and the whole arrangement falls apart. If you want one of those, you have to ask the Congress for one.
Ray R
The issue there is not every market is perfectly competitive, take telecom companies for example, even without government involvement the barriers to entry are pretty high.
@@allthenewsordeath5772 Who says there's no govt involvement in telecom?
I remember the bay running red from the pulp mills that lined our waterfront. During Vietnam, I remember my brother and I rowing around the Carriers returning from Vietnam, in Alameda, and dumping trash right off the carrier decks. We found lot's of cases of rations, and would strip them of the cigarettes, and candy. I remember seeing cars, and tires lining the river banks. The black oil soaked rocks we would slip on at low tide. People would dump their engine oil in the bilge, and pump it overboard. Turds and paper floating on the top. Yeah, I really want to go back to that! Thanks to the EPA, things are cleaner, but we still have a long way to go! Without the EPA, I can only imagine how ugly America would be today. Our highways, are still lined with trash!
Are we just gonna gloss over the dodd-frank scale back as if that isnt priming the economy for a colossal crash again?
Love John's journalism
Yeah that 5g exempt from environmental review prob a bad one to deregulate...
The greatest deregulator of the past 50 years was neither Trump nor Reagan.
It was Jimmy Carter.
Carter deregulated:
- Airlines
- Telecommunications
- Interstate trucking
- Railroads.
Liked the prosperity of the Reagan years? Thank Carter.
I want incandescent light bulbs and gas spouts that don't leak all over.
Dollar tree has incandescents. There's literally no reason to buy them though. LEDs and high quality CFLs are way better.
Some CFLs really suck though, so I get the dislike for them.
I got some amazing GE brand CFLs that I like even better than LEDs.
LEDs are usually the way to go though. Cheap, reliable, high quality light. Incandescents are expensive, unreliable, fragile, and wasteful
@@user-jc2ez6ig5z It's really hard to find soft colour led's though. They all seem to be on the white colour spectrum. And they are like 10x the price of traditional bulps.
Some Random Fellow they $1 LEDs at Dollar tree (lower quality though). I see them for under $3ea a lots of different places all the time.
Given that Incandescents Use 7X !!!! the amount of energy and have such a short lifespan, the $1-$2 you spend on the initial purchase pays itself off really quickly.
I like the color of incandescents, but there are LEDs and the CFLs(much more rare) that I like even better.
@@user-jc2ez6ig5z I have a lifetime supply of incandescants. Electricity doesn't really cost shit.
@@MilwaukeeF40C
It adds up. If blowing a $100+ per year so that you can have the nostalgia of your childhood's lightbulbs is worth it to you, more power to you. To me, that's a lot of money, that I'd rather spend on things that add value to my life.
And it's about more than money, reliability is just as important to me. Incandescents are so fragile and have short lifespan.
Law of unintended consequences. Governments seem to be the masters of messing these things up. This stuff drives me mad. I’ve lost thousands because of a new regulation that forbid me to rent out my property because the heating system, 3 years old, wasn’t ‘environmentally’ friendly enough. I fell perfectly in between the wording of the legislation meaning that it’s actually impossible for me to rectify the problem without demolishing the entire property and rebuilding it just because the radiators aren’t on the right form of timer. Nothing to do with the environment, everything to do with a company that sells one certain type of heating system lobbying the government to force all properties to have that type.
Dereg even more Trump! I'll vote for you again. Keep shrinking govt. and I don't even care what your Twitter rhetoric is.
Tell the truth!! Thank you!!
"Deregulation is gonna favor megacorporations!!"
*Said the TV comedian*
I don't think Obama-era clean car regulations were that bad, but repealing them won't affect us too much because automakers are moving towards higher efficiency electric cars in the future.
To be fair, I drove through west Virginia on a trip and stopped in a small town to rest and fill up. The air quality in that town was horrendous, like China bad. turns out the town was down wind of a coal power plant. to the locals it was "normal" air but any outsider will gag at the terrible air quality. I'm for deregulation but I seriously think people should not confuse "global warning" with pollution. We still need the pollution regulation to be enforced!!!!!!!
The issue of pollution should function as an extension of property rights, not as additional regulations.
@@newvultraz It once functioned as such. Until govt decided it can do a better job at punishing your aggressors than you could, even though you would never "corrupt" and go against your own case, lol. Before people could sue through tort law if a factory produced smoke that damaged their property.
EPA has put very strict laws on new diesel trucks, people can no longer remove the emissions even if the vehicle is a total off road/private property use vehicle....
When assessing Trump's deregulation report card, one must examine which repealed regulations are significant and which are minor. The same applies to any new regulation Trump enacts. It isn't unreasonable to expect that one new regulation is more degenerative than the five repealed regulations that accompanied it. I have heard other prominent libertarians say as they tally up all of Trump's taketh and giveth policy procedures, Trump's record on regulation reform amounts to a wash.
Still, the idea of him deregulating is promoting the growth and business, which many were unwilling to do under Obama rules. There is nothing more important to an economy than confidence, and that is what Trump is creating.
@@torva360
The final results have yet to be tallied. Consideration must be given to Trump's negligent abandonment of free market principles and his disinterest in fiscal responsibility pertaining to other major sectors of the economy. Trump has already established a his propensity for haphazard decision making and for taking two steps back for every step forward.
There's no doubt Trump is creating something. Whether his creation is that of a monster or a messiah is uncertain at this stage.
Regulation strangles us economically.
As opposed to dying?
LOL you called CNN the media! Hahaha this is turning into a comedy channel.
I love your videos, Reason TV
😮😮 holy crap, he did great job this time😮😮💕👌
Microaggression. Stossel always does a great job! ;)
I had wondered about John Stossel , glad I found this channel. 👋👋John been a fan ur whole career 85f
Isn't the stock market still up 40% from when Trump was inaugurated? Sure we've had a few dips here and there but overall it's still up and unemployment is at record lows.
There is a recession coming
Bond market is inverted which indicates a recession is looming. Pimco is dumping sovereigns. China is marginalizing the US with the Belt and Road Initiative. Truckers are decreasing delivered goods because of no demand, the car industry is in a serious slump, Germany has entered into a recession, and our debt is exploding. The stock market is no longer an indication of a healthy economy. We are on the verge of collapse. This is not Trump's fault because it's been brewing for a long time. Any economy with close to zero interest rates is not healthy.
@@decatessara5029 you are on meth
@@danielp28 you are a brainwashed fool
The econemy is booming because of trumps trade and deregulation policies. It doesnt take two years for a recession to strike. They have it all planned out so that if Trump losses 2020 whatever Dem wins can not take the blame for reversing all trunps hard work and tanking the econemy.
Can someone explain how deregulation helps the environment? I can see the economic benefits, but environmental?
The Net Neutrality point misses the issue. Net Neutrality was necessary because of other regulations at the state level, which granted statutory monopolies to internet service providers (especially cable companies) that led to numerous abuses, such as charges for using their service that didn’t cause any marginal cost (ex: data caps, to bandwidth caps), prevented completion so that in essentially all areas its unlawful for a competing cable company to operate as opposed to phone companies, active filtering and monitoring of users actions and then selling that to advertisers (Verizon especially). What’s the market solution to these problems? There isn’t one, cause of state monopoly laws that grant exclusivity. The FCC could have preempted those rules (and that’s what they should have done), but the Net Neutrality rule was the other way, and it needs to be understood in context.
Stossel is the only guy I trust right now. Thank you Sir.
I agree with everything but net neutrality. Just because something hasn't happened yet doesn't make it false. In Portugal and other nations you have to pay a fee to your ISP to use a certain app. I personally believe that internet is integral to free speech, and to allow corporations to control speeds for different websites depending on content, is clearly unconstitutional and dangerous.
LaserSharkSushi there is no incentive for companies to connect the whole country to reliable fast internet.
How much your life sucks does not depend on how well apps work.
@@MilwaukeeF40C by having high-speed access in rural areas allows businesses to flourish and communities to grow.
@@john6291 Nobody is entitled to these outcomes. It is fine if rural areas stay rural, communities don't always grow, and markets favor more efficient centralization.
@@MilwaukeeF40C so, if this was 1919... should they have telephones? roads? you want your communities to flourish... and yes they are entitled to certain necessary basic advancements... the internet has become that.
I looked into some of the things he repealed and the guy Stossel is talking to isn't saying much. They keep saying it will be better for the environment which is false. Under Obama, the coal plant emissions plan would have stopped 1.4 billion pounds of waste from entering water ways which include heavy metals. The new plan relies on *voluntary* compliance with reducing emissions and the plan was only going to reduce 1 billion pounds of waste water from going into the water ways.
I like Stossel but I think he chose the wrong guy for this one. The less shit we put out right now, the more time we will have to advance technology and get pollutants out of the planet. So relying on companies who love their money to just voluntarily comply with something that will cost them lots of money (rebuilding or upgrading filtering technology for an entire plant costs a LOT of money) is a bad idea.
I think Trump is in the wrong on this one.
The tariff issue is not the end-game; it is a negotiating tool. Can't evaluate the tool until after the dust settles.
But nothing needed to be negotiated. Protectionism is just plain stupid.
@I'll do it The other party? You're referring to China right? Whatever tariffs we had in place before trump were bad, it doesn't matter what tariffs China wants to put on importing our goods. This idea that tariffs need to be equal is like a 5 year old. If we actually believe in free markets then we should set the example for the rest of the world with no tariffs.
@I'll do it So what? How is that our problem? A countries economic policy doesn't matter when trading.
@I'll do it
"China is Communist free market rules do not apply"
Smh. So is the US and so are the policies Trump is using to TAX and REGULATE trade, fool!
10 Communist Manifesto Planks of the US Government
web.archive.org/web/20170129045835/voicesofliberty.com/2015/02/22/10-communist-manifesto-planks-of-the-us-government/
Leave it to a magatard moron to believe "we're gonna create free markets and free trade by taxation and regulation" thereby destroying free market and free trade and do it because "Trump and Faux News said it would work."
@I'll do it
"They print infinite money".
Well, golly gee there beev, exactly WTH do you think the Federal Reserve does?
China isn't the bully warmonger that forces every nation at gun point to use the US dollar. Thats what the US does and is one reason all our wars are fought.
Geesh! You magatards are ignorant AF, aren't you?
Stossel is great at playing devil's advocate - love it!
pollution tax is more reasonable than regulations. pay what it cost to pollute and more than that pay what it cost to clean...
Not when its cheaper to pollute and clean then to pay the tax to dispose of the waste.
As an American, I believe that the entire point of the government is to preserve the human rights that we carry, which is life, liberty, and the pursuit of happiness. If the government gets in the way of that, then we have the right to rebel.
"the air is dramatically cleaner" - what a load of crap. research #geoengineering
Thank you John Stossel for the truth.
Next thing we need to do is deregulate the health industry
Rand Paul’s healthcare plan needs to get passed!!!
@@juanfelipe8484 whats in his plan?
Highlights4Dayz www.paul.senate.gov/news/dr-rand-paul-unveils-obamacare-replacement-act
Can't wait to get my medical care out of a taco truck from someone with no degree...
I can understand getting the insurance companies out of our medical system, but unregulated health care???
None Biz you don’t even understand it. That’s tuff
Want to see the real effects of deregulation? Just look the last couple of financial crises: caused by financial firms "regulating themselves."
The financial firms were NOT regulating themselves. The federal government was FORCING them to give real estate loans to unqualified individuals in areas that were NOT financially viable in the name of racial equity. And, FORCING them to give 100% of value loans... no down payment to worry about. When the economy dipped, and the property was not worth the mortgage... millions stopped paying. Why pay a $50,000 mortgage on a house that is now only worth $40,000??? The federal government had to bail out the banks... because THE GOVERNMENT was the one that forced them to issue the loans in the first place. So... the government created the problem... as usual.
Regulations are not inherently bad.
They are inherently bad because they break non-aggression principle. Could you name a regulation that is good?
> They are inherently bad because they break non-aggression principle.
1. How so?
2. Why do you believe the non-aggression principle is inherently good as a universal?
> Could you name a regulation that is good?
A few:
Building codes
Not dumping toxic waste into water or land
Food creation, storage, and preparation
Medical devices and medications
Monopolies
@@ConceptHut If the water or land was vacant, they can do whatever they want with it. No one is being hurt. If you decide to dump toxic chemicals in a water source that is already being used, you are hurting people that already had some form of property law regarding the water source. You can then demand through force compensation for damage to this property. Building codes also increase cost of construction. Construction companies already don't want to suffer a reputation loss from having their buildings break down within the year... as always there is always a natural balance in a free market, in this case it's reputation. You won't be getting any bailouts by the government either once you go bankrupt, so your mistakes will be more permanent. The FDA has also arguably killed more people than saved through regulations because of the fact that it's in the best interest of FDA regulators to take their time (excessively so), because there is no incentive to pushing out many new drugs, but there is a very big incentive to not make mistakes (you get severely punished for approving a drug that may not be as good as advertised). Millions die in America that could already be saved by drugs that are available in other countries already. Finally, monopolies aren't inherently bad. There is nothing wrong with a non coercive monopoly, since it is by virtue of good product and/or service that they maintain a market leadership. Without government interference it's basically impossible to maintain a coercive monopoly, because any "price gouging" that occurs will just open up the possibility for a newcomer to decimate a huge portion of the current market leaders market share.
@@ConceptHut If I have to explain to you why non-aggression principle is inherently good as universal, I don't know what to tell you. I mean, unless you're a complete psycho, it should be self-evident that violence is not justified, unless in self defense. Like I said, dunno what to tell you.
Building codes drive the house prices up and create homelessness.
Not dumping toxic waste I have no answer for you straight away but private environmental organizations are pretty effective. You don't necessarily need governmental intervention.
Food regulations drive the food prices up and stifle the economy. Yes, it's good to have food that is safe, but this is something that quickly self corrects.
Medical regulations create monopolies and kill people.
Monopolies: regulations create and keep up monopolies.
These responses are hilarious. Thank you for the laughs.
the larger the government, the smaller the citizen.
You are not immune to propaganda
All news is propaganda. Believing it isn't is what allows you to be manipulated. Libertarians (Left or Right) care for scientific confirmation. Authoritarians (on both sides) only care about consensus, it's what they call checking a bunch of other news sources "fact checking". Currently the majority of the Left has swung up (authoritarian) and this is why they are so dangerous right now. In the Bush days the Right were the authoritarians. Odd how the conservatives wanted to ban everything in 2003 and now it's the liberals.
@@wolfpack4128 If you can't prove it yourself you can't prove it at all. How different is "scientific confirmation" from a group consensus? You still have to end up trusting someone is telling the truth. Otherwise you end up perpetually re-discovering or proving once again basic concepts from the ground up just to be able to actually know reality in any meaningful way.
Lack of regulations will just make companies more competitive. Consumers clearly want the markets to consider the environment, so they will advertise themselves and compete for ever greater environmental considerations, without government taking away their capacity to do so.
like trump or not... he has made more progress for the future of America...
now if we can get a china trade deal that would be YUGE!
lol, delusional trumptard
He has to win 2020 to get the trade deal china is waiting. The dems call a recession by 2021 so that if they win they can reverse all trumps trade deals lose the trade war re enter silly scamming climate change bs and tank the econemy and they will already have fuckwits like Sharksfan710 brainwashed into thinking a tanked econemy is all trumps fault so they will keep voting for dems who destroy their lives. Its easy to do when people are retarded like sharkfan
yep.. i'm a "deplorable" and LOVE America!
If Trump is good for the economy how do you explain tariffs? They never work without us paying for it. If he wants to help then stay out of the way and leave us alone. Now he could help by 1) end capital gains do people can hang on to their money, 2) end inheritance/death taxes, 3) end corporate taxes which we pay for anyway, 4)sunset the IRS 33% each year while simultaneously decreasing spending/budget
by the same amount
It takes time but it's coming. Prices going up, stocks going down on companies already hurting. Own a leeco device? Worthless. Toyota? They are worried. You cannot manipulate or predict economies. Leave them alone and let them work it out. China has already overextended itself in real estate. Building entire cities that sit empty. When that bubble bursts then what?
This is Trump propaganda
This is such a substantial statement.
(Not.)
@@MilwaukeeF40C i mean gargle on his balls why don'tcha. i'm not gonna stop you.
@@carbonfibercrypto2919 I hate Trump because in general I hate simplistic idiots like you.
I would actually prefer regulation on internet and have protections for it rather than leaving it up to the providers. Seeing what has happened to wireless/telcos, the internet could be ruined.
I WAS WONDERING THE SAME. HOW CAN WE GET IT TO NOT CENSOR AND SHUTDOWN THOSE ON THE RIGHT?
I got a 18 $ hr job Bc my bosses were able to open our buisness and now they want me to take it over in the next couple years , trumps economics helped me and 5 to f my buddies 2 of withtch can’t even see how the benefited off of him being elected
Excellent!
Cut government a little and the economy get a lot better. What if we cut the government a lot?
Now... we're back to bleeding...long live Big Brother
One small issue with the video: small cars being more dangerous is largely due to an arms race; if all cars were small, they wouldn't be (much) more dangerous. But large cars have more inertia, so in collisions, the smaller cars lose.
Small car easier to evade
That guy is talking about "you can only buy some car brand" as bad and "some internet service can be slowed down by ISP" as a good thing... do he really know what he is talking about?
That Trailer is actually really cool
There are outliers in our society that have no voice. Children, animals, the environment etc.
Stossel you're a hero just like Trump!!!
Why can't we vote on regulations? It's called a referendum... publish the new proposed regulations and in a few months later let the public vote. Problem solved.
Keep making these Mr Stossel. Maybe, just maybe it’ll educate some on the Left to what the Facts really are.
Bless you 🙏
Jevon's Paradox - people drive more because of higher gas mileage, thus oil consumption remains constant and does not decrease!
Stossel should "kick some ass" on Trump's erosion of civil liberties!!!