S8 Ep421: Veronique de Rugy of the Mercatus Center argues that while Trump's deregulation aids growth, erratic tariffs and government industrial subsidies create uncertainty, functioning effectively as taxes that hinder the economy.
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 5 February 2026
⏱️ 9 minutes
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1859 FIVE POINTS
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| 0:00.0 | I'm John Bachelor. I welcome my good friend and colleague, |
| 0:19.4 | Veronique DiRigee, of the Mercatus |
| 0:20.9 | Center, George Mason University, writing for Civitas Outlook at the Civitas Institute, |
| 0:26.4 | University of Texas at Austin, about growth, growth in the economy. And Verneek directs me to a remark |
| 0:35.4 | made by the very prominent Ken Griffin, the CEO of Citadel, |
| 0:40.0 | at a gathering at Davos following the election of Donald Trump. |
| 0:46.2 | Mr. Griffin said that Trump's election brought an end to what Mr. Griffin described as |
| 0:52.7 | regulatory onslaught. |
| 0:55.9 | That's a good thing, but at the same time, and in the same paragraph, |
| 1:00.8 | Veronique says that the administration's tariff policies is not for growth. |
| 1:07.3 | So we have a push and pull here, and the essay doesn't come to a conclusion that's |
| 1:14.3 | happy because growth being the positive has all these doubts that are injected by the Trump |
| 1:22.4 | administration. Veronique, a very good evening to you. Ken Griffin says that regulatory onslaught is over. Is that |
| 1:28.8 | accurate or is that aspirational? Good evening to you. No, no. Good evening, John. I think it's |
| 1:33.8 | hard to overstate how companies, especially tech companies, but all companies felt under the Biden |
| 1:43.5 | administration where they were regulations all over the place |
| 1:47.8 | constantly. |
| 1:48.6 | You never knew where it was going to come from. |
| 1:51.2 | That created uncertainty. |
| 1:52.7 | And it was just kind of this deep feeling that more regulations were always coming. |
| 1:57.2 | I think this is what he is expressing. |
| 1:59.3 | And the election of President Trump really put an end to |
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