In what he called the “most consequential day of deregulation in American history,” the head of the Environmental Protection Agency announced a series of actions Wednesday to roll back landmark environmental regulations, including rules on pollution from coal-fired power plants, climate change and electric vehicles.
If that is true, then that is eliminating $Ts in GDP. Regulation costs are paid to people to comply with regulations. Make America smoggy again isn’t going to be popular, and a clear sign of collapse.