Page 10 - September October 2018 Disruption Report Flip Book

TRUMP ADMINISTRATION
SEJPATN.U-AORCYT.20210818
GDP GROWTH
Trailing four quarters
Source: Forbes, 10/26/18
In 2017, the Trump administration reduced regulations by 35%, as measured by the reduced number of pages in the Federal Register.
In the administration’s Fall 2018 Unified Agenda of Regulatory Affairs, the administration identified 2,399 active actions in pre-rule, proposed rule or final rule stage with deregulator actions making up 21%. “[Executive Order] 13,771 did not aim to stop regulation,” wrote American Action Forum’s Dan Bosch. “It sought to limit new, high-cost regulation while simultaneously inducing agencies
to develop a deregulatory culture. When viewed in this light, the fall agenda shows continued progress. Deregulatory actions outnumber EO 13,771 regulatory actions three to one. As AAF’s recent Insight on the regulatory budget showed, nearly all the net savings (costs minus savings) reported by OIRA in fiscal year 2018 came from these two types of designated actions. Therefore, deregulatory actions outweigh significant regulatory actions both in number and impact on the economy. ...The data in the latest issue show the administration is still firmly intent on establishing a deregulatory culture within executive agencies, while limiting new, high-cost regulatory actions.” (The Unified Agenda and Regulatory Reform, Dan Bosch, 10/23/18; Stephen Moore on the Trump Economy, Youtube, 10/19/18)
For the first time since 1973, the Untied States was the world’s top oil producer, according to the U.S. Energy Information Administration. “Today we are the largest oil and gas producer on the face of the planet, rolling through 11.2 million [barrels per day], on our way to 14 [million bpd by 2020],” said Interior Secretary Zinke. The U.S. exports 2 million bpd today and could increase to
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