Tornado Alley (PROG)

[fuagf]

Trump repeats a lie, or a mistake, but by this time, as he's said it before, it should be a lie, starting at about 13:31 where he says "nobody's ever seen regulation like we have" .. he says other countries have much more business friendly industry regulation, and that regulation if other countries "are a tiny fraction of what we have" .. whereas in fact the US is just about at the top of the World Bank list for having business friendly regulation.

repeat your link for easy access .. if ..
http://www.motherjones.com/politics/2017/02/trump-michael-flynn-defense-russia-attack-media

His only get out is he didn't say ALL other countries, but he did say "nobody's ever seen..." which could be read as ALL other countries are worse than the US is for business regulation.

Ease of doing business index

The ease of doing business index is an index created by the World Bank Group. Higher rankings (a low numerical value) indicate better, usually simpler, regulations for businesses and stronger protections of property rights. Empirical research funded by the World Bank to justify their work show that the economic growth impact of improving these regulations is strong.

"Empirical research is needed to establish the optimal level of business regulation—for example, what the duration of court procedures should be and what the optimal degree of social protection is. The indicators compiled in the Doing Business project allow such research to take place. Since the start of the project in November 2001, more than 800 academic papers have used one or more indicators constructed in Doing Business and the related background papers by its authors."
https://en.wikipedia.org/wiki/Ease_of_doing_business_index

-

Ease of doing business index (1=most business-friendly regulations)
World Bank, Doing Business project ( doingbusiness.org ).
License: Open

1. New Zealand
2. Denmark
3. Singapore
4. Korea, Rep.
5. Hong Kong SAR, China
6. United kingdom
7. United States
8. Norway
9. Sweden

13. Australia

188. Libya

190. Somalia
http://data.worldbank.org/indicator/IC.BUS.EASE.XQ

So actually the US ranks very well when it comes to friendly and easy business regulation.

Thanks, that video is much SIMPLER as it's only him.