EconomicGrowth
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đš Vivek Ramaswamy Calls to End Federal Bureaucracy đš
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!
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!
CDWP has given the green light for the construction of a 241-kilometer stretch of the Karakoram Highway (KKH), as part of CPEC, ahead of PM Shehbaz Sharifâs China visit.
The project, estimated at Rs567.5 billion (about $2 billion), is set to be financed through a Chinese soft loan.
It encompasses upgrading and realigning the KKH from Thakot to Raikot Bridge, including a 103-km bypass from Thakot to Dasu, relocation at Dasu Dam, and new construction after Basha-Thor Nullah.
The CDWP also approved the Rs42 billion Golen Gol Hydropower project in Chitral, to be funded by various international entities.
The projects are expected to receive Ecnecâs approval before PMâs departure to Beijing on June 4.
#CPEC #InfrastructureDevelopment #EconomicGrowth
$USDC
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The project, estimated at Rs567.5 billion (about $2 billion), is set to be financed through a Chinese soft loan.
It encompasses upgrading and realigning the KKH from Thakot to Raikot Bridge, including a 103-km bypass from Thakot to Dasu, relocation at Dasu Dam, and new construction after Basha-Thor Nullah.
The CDWP also approved the Rs42 billion Golen Gol Hydropower project in Chitral, to be funded by various international entities.
The projects are expected to receive Ecnecâs approval before PMâs departure to Beijing on June 4.
#CPEC #InfrastructureDevelopment #EconomicGrowth
$USDC
$ETH
$BTC
