It could last for years!
The hangover. The only ray of hope for that throbbing head is that it won 't last forever. So how many of you readers have not quite gotten over it? One reason: perhaps your brain has switched its motor neurons to its memory function. In other words, the bad memories of 2018 are creating your headache. And you realize the ray of hope is getting dimmer. And as 2019 proceeds it may continue to get dimmer and dimmer and dimmer while the consequences the Trump era's 2018 become more acute.
2018 could be termed politically as "The Year of Repeal and Deregulation." While trying to repeal Obamacare, the Trump administration worked hard to repeal and deregulate almost everything else. Why? Because in certain sectors, Trump's bullshit struck a chord: everything that Obama did was bad for you, no matter what it was. And my administration is going to Make things (and America) Great Again! So, in effect, people drank Trump's fake champagne, totally disregarding the fact that most of America was going to suffer from the hangover. (Call it the results of "second-hand irresponsible drinking").
This just in:
Apple CEO Tim Cook on Wednesday warned investors that the company expects to fall as much as $9 billion short of its earlier revenue target for the first fiscal quarter of 2019. In a rare guidance revision, Cook pointed to a struggling market in China as the biggest factor for the change.
Needless to say, the DOW took a serious hit as well as Apple stock. Another casualty of Trump's 2018 antics, or in other words, "It's Trump's Trade War, stupid!"
And Trump? Due to his lack-of-reading habits, Trump probably doesn't know anything about these things except for the fact that rules were made to be broken or changed to his own egotistical benefit. Like his executive orders, he can brag about how many he's signed, but couldn't possibly give you any details as to WHAT he signed. And couldn't tell you anything about the repeals and deregulations listed below.
Scary.
And he knows absolutely nothing about the ones pending (in process).
Scarier.
Below is a partial list of repeals and deregulation compiled buy the BROOKINGS INSTITUTE. To be fair, some of these were enacted in 2017, but their effects were most probably not felt until 2018 (when the REAL hangover commenced). The full scope of the findings is worth reading, but warning: it may only make your hangover worse.
EDUCATION
- Title IX Guidances on Transgender Student Rights (Repealed - Betsy DeVos and Mike Pence got their say)
- School Accountability Rule (Repealed)
HEALTH:
- Religious and Moral Exemptions from Contraceptive Coverage Mandates (In Effect )
- Definition of Short-Term Limited-Duration Insurance (In Effect - changed to longer terms)
- State "Empowerment Waivers" for the Affordable Care Act (In effect - one of the first steps to defunding Obama Care)
- Firearms Prohibition For The Mentally Disabled (Repealed - the NRA rejoiced)
- State Funding for Abortion Providers (Repealed - The Christian Right rejoiced)
IMMIGRATION
- Asylum Seeker Restrictions (In Effect)
- Commercial Real Estate Appraisal Rule (Repealed)
- Reclassification of Major Sources as Area Sources under the Clean Air Act (In Effect)
ENVIRONMENTAL
- Methane and Waste Prevention Rule (In Effect)
- Methane Rule (Emissions) (Partially In Effect)
- Endangered Species Act: Mitigation Rule (In Effect)
- Lowering Renewable Fuel Standards for 2018 (In Effect)
- Oil and Gas Fracking Rule (Repealed)
- Reclassification of Major Sources as Area Sources Under the Clean Air Act (In Effect)
- Oil , Gas, and Coal Lease Valuation Rule (Repealed)
- Power Plant Pollution Rule (Repealed)
TELECOM:
- Wireline Infrastructure Rule (In Effect)
- 5G Protection Program (In Effect)
FINANCIAL
- Corporate Credit Unions Rule (In Effect)
- Commercial Real Estate Appraisal Rule (In Effect - easing limitations on commercial Real Estate)
- Disclosure Exemptions to Certain Nonprofits ,(In Effect)
- Dealer Markups Guidance (Repealed)
- Regulatory Capitol Rule for Small Banks: Transitions (In Effect)
- Repeal of R&D Technical Interchange (In Effect)
- Main Studio Rule (Repealed)
- Arbitration Rule (Repealed)
- Disclosure of Payments by Resource Extraction Issuers (Repealed)
LABOR
- Drug Tests for Unemployment Compensation (Repealed)
- Federal Acquisition Regulation / Fair Pay and Safe Workplaces (Repealed)
FARMING
- Organic Livestock and Poultry Practices/Animal Welfare Rule (Repealed)
- Farmer Fair Practice Rule (Scope of Anti-Competitive Practices) (Repealed)
Donald Trump's, New Year Tweet:
“HAPPY NEW YEAR TO EVERYONE, INCLUDING THE HATERS AND THE FAKE NEWS MEDIA! 2019 WILL BE A FANTASTIC YEAR FOR THOSE NOT SUFFERING FROM TRUMP DERANGEMENT SYNDROME.. JUST CALM DOWN AND ENJOY THE RIDE, GREAT THINGS ARE HAPPENING FOR OUR COUNTRY!”
Trump's "champagne" bottle as no bottom.
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