Bloomberg Businessweek

Trump’s New Math On Regulations

Trump’s cost-benefit analysis is all cost and no benefit | “These effects are extremely difficult to put a dollar amount on”

Brendan Greeley

On Jan. 30, Donald Trump did something that every U.S. president has done since Jimmy Carter: He directed the federal government to reduce the burden of regulation. As he signed an executive order in the Oval Office, surrounded by small-business owners, Trump declared that it would lead to “the largest-ever cut by far in terms of regulations.” In signing it, Trump made good on one of his core campaign promises—to roll back federal regulations that he repeatedly blamed for costing the U.S. economy $2 trillion in annual growth.

The intent of Trump’s order isn’t new. The mechanics are. Rather than weigh the pros

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