Biden’s Business Order Shows How He’s Using Executive Power to Shape Economy

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President Biden’s sweeping order Friday seeking to spur competition and curb the power of big business highlights his willingness to use the presidential pen to rewrite economic policy, sidestepping a divided Congress

unlikely to enact his most ambitious proposals.as he seeks to overhaul Washington’s approach to everything from climate change to racial equity.more than a dozen agencies to explore 72 actions

touching an array of issues, including expanding labor rights, lowering prescription drug prices, restricting airline fees, and giving bank customers more flexibility to change accounts. The order is the culmination of a steady trend over the past two decades of presidents from both parties turning to executive authority as gridlock on Capitol Hill has blocked them from legislating core parts of their agenda.

“We’ve seen during the last four presidencies, going back to the second Bush administration, an uptick in the number of executive orders, especially in the early parts of the administrations,” said Dan Bosch, director of regulatory policy for American Action Forum, a right-leaning Washington think tank. “It’s a recognition by presidents that they need to act on their own to get things moving in the direction they want.

 

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Does competition involve non competitive bids from China and other places? 'Ten million held for the big guy?'

Sleepy is a HOLOGRAM

Let’s apply that concept of competition to Public Schools. Let the dollars follow the students. Give poor kids a choice!!!

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 /  🏆 98. in TH

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