Cato Daily Podcast Federal Regulation and the 'Department' of Government Efficiency (DOGE)
Nov 25, 2024
Willie Yeatman, a Senior Fellow at the Pacific Legal Foundation, shares his expertise on the complexities of federal regulation and the proposed Department of Government Efficiency. The discussion highlights the skepticism surrounding real change within the entrenched administrative state and the necessity for congressional involvement in meaningful deregulation. Yeatman also discusses the barriers established companies pose against reform and underscores the critical role of judicial rulings in navigating regulatory challenges, emphasizing accountability and cooperation in governance.
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Administrative State Inertia
- Radically reducing government impositions and spending is complex and faces numerous hurdles.
- Change within the administrative state is slow, requiring talented individuals and often yielding disappointing results.
Tom Firey's Experience
- Tom Firey, with 25 years of experience, has seen many administrations come and go with promises of change.
- Despite seemingly determined individuals, little changes, highlighting the difficulty of reform.
Deregulation's Political Hurdle
- Deregulation lacks a strong political constituency because complying companies view existing regulations as barriers to entry for competitors.
- This lack of support makes deregulation politically challenging, as businesses often lobby to maintain the status quo.