Peter St Onge: Will Trump and DOGE Succeed in Gutting the Regulatory State?

American Thought Leaders

The Epoch Times

Government, News, Politics

4.9 • 1.1K Ratings

🗓️ 16 March 2025

⏱️ 68 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

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.

Transcript

Click on a timestamp to play from that location

0:00.0	There are hundreds of thousands of federal regulations.
0:03.0	The vast majority of them, they're crony.
0:06.0	They're bought by lobbyists.
0:07.0	And the main goal of them is either to get bailouts, to offload some of their costs onto the public,
0:13.0	or to ban the competition.
0:16.0	In this episode, we sit down with economist Peter Saint-Aange, a Mises Institute fellow.
0:21.4	We dive deep into Trump's strategy to revitalize the American economy
0:25.3	and what roadblocks may lie ahead.
0:27.4	What Trump is doing is that he is very good at spotting the details of a negotiation,
0:36.8	of understanding who holds which cards.
0:39.9	And when he looks at Europe, you know, the striking thing about really every one of our trade
0:44.7	partners is that they need us a heck of a lot more than we need them.
0:49.6	Is America headed into a recession? What are the precedents?
0:53.2	We've actually been through this before. So if you look at the end of World War II,
0:57.0	so in 1946, we demobilized 11 million soldiers. GDP dropped by 11.2%. Yes, it was a brutal recession
1:05.0	in 1946, immediately followed by one of the golden ages leading up through the 1950s into the mid-1960s.
1:15.0	This is American Thought Leaders, and I'm Yankee Kellogg.
1:19.7	Peter St. Ange, such a pleasure to have you on American Thought Leaders.
1:24.1	Thank you for having me on.
1:26.0	So, of course, I've been following your work quite a bit, and you're very prolific on
1:30.2	X, on social media.
1:32.3	And you wrote something the other week that, frankly, was quite shocking.
	...

Transcript will be available on the free plan in -14 days. Upgrade to see the full transcript now.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from The Epoch Times, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Epoch Times and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.