Premium

Donald Trump is going after Washington’s job-killers and it can't come soon enough

Donald Trump has vowed to crack down on business-killing red tape
Donald Trump has vowed to crack down on business-killing red tape Credit: Chip Somodevilla/Getty Images

Donald Trump is proving to be a man of action when it comes to fulfilling his campaign promise to enhance the prospects for US economic growth. America’s new president believes that people flourish under a minimum government burden; to that end he has this week introduced a budget that cuts discretionary spending for government programmes viewed as duplicative or unnecessary.

Long arguing that growth is stifled by Washington’s overbearing presence, Mr Trump has pledged to slash intrusive regulation. Since his inauguration, he has already issued two executive orders aimed at providing relief from burdensome rules imposed by federal agencies. If those directives are successfully implemented as intended, it should provide a major boost to productive economic output.

“One of the keys to unlocking growth is scaling back years of disastrous regulations unilaterally imposed by our out-of-control...

To continue reading this Premium article

Register for free and access one Premium article per week

Enjoy unlimited access to Premium articles with a subscription

  • Subscriber-only events and experiences
  • Access Premium articles on our mobile app

30-day free trial

then only £2 per week

Unlock all Premium articles for 24 hours. Only £1.