šØ Vivek Ramaswamy Calls to End Federal Bureaucracy šØ
Vivek Ramaswamy has strongly criticized the federal bureaucracy, asserting that most laws are crafted by unelected officials rather than Congress. He advocates for bipartisan efforts to dismantle the regulatory state, claiming that reducing bureaucratic power will enhance prosperity.
Key Points:
Too Many Laws: Ramaswamy argues that we are a nation of laws, but most were never passed by Congress, instead being enacted as federal rules.
Historical Example: He referenced the Civil Aeronautics Board (CAB), which regulated the airline industry for decades until its abolition in 1978 through bipartisan efforts. This deregulation led to a significant drop in airfares, making travel more accessible.
Economic Growth: Ramaswamy emphasizes that dismantling the regulatory state is essential for economic growth, quoting Ronald Reagan on the enduring nature of federal agencies.
He concludes that achieving prosperity requires shutting down the regulatory state, encouraging unity through economic growth.
What are your thoughts on this approach to federal bureaucracy?
#VivekRamaswamy #FederalBureaucracy #RegulatoryReform #EconomicGrowth #Write2Earn!