American Thought Leaders Peter St Onge: Will Trump and DOGE Succeed in Gutting the Regulatory State?
In this episode, we dive into President Donald Trump’s multi-pronged strategy to revitalize America’s economy, from aggressive reciprocal tariffs to massive DOGE cuts, and a large-scale deregulation effort to promote business growth.
The Code of Federal Regulations is now over 190,000 pages long. A 2017 Auburn University study found that each federal regulator effectively “costs the U.S. economy the equivalent of 138 private sector jobs per year.” The researchers said that equated to a $11 million annual loss for the U.S. economy for every additional regulator.
What will be the impacts of the Trump administration’s policies? Will they usher in economic prosperity or will America have to head into a recession first?
Views expressed in this video are opinions of the host and the guest, and do not necessarily reflect the views of The Epoch Times.