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this post was submitted on 20 Oct 2023
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Well, yes, but at the same time, companies will likely hedge and adopt a conservative (in the context of regulatory compliance) business model that complies with the new regulations (which may be on-again/off-again due to political changes) just to simplify matters. Switching how your business works every time the presidency flips parties has real financial disadvantages. In the long run, it’s very likely more profitable if they pick one approach and stick with it.