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“The US Government is a 5 million person, completely dysfunctional organization” | Peter St Onge
🔵 Try Epoch Times now: https://ept.ms/3Uu1JA5
This is the 30 minute TV version of Jan Jekielek’s interview with Peter St Onge. The longer-form version was released on Epoch TV on March 15, 2024.
🔴 Watch the extended version of this episode: https://ept.ms/Y0313PeterStOnge
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?
CHAPTER TITLES
0:00:00 - The Regulatory State and Crony Capitalism
0:00:54 - Precedents for Economic Transitions
0:04:14 - Balancing Regulation and Deregulation
0:07:26 - Challenges of Reforming Large Organizations
0:12:00 - Assessing the Current Economic Landscape
0:18:49 - The Role of Tariffs in Trade Negotiations
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