President Trump's deregulation

President Trump must have read Chapter Two: 

• Voluntary Transactions create wealth by moving assets to higher-valued uses; 
• Taxes, price controls, subsidies, and regualtion destroy wealth by preventing assets from moving to higher-valued uses.

Or Kimberly Strassel of the WSJ suggests as much:

[The deregulatory] plank of the Trump agenda has been eclipsed by drama over tariffs and the Republican tax bill, though it is economically as important and moving far faster. ...

Alaska has become the symbol of the effort, in part because, as ... Mr. Biden infamously directed more than 70 orders and actions at killing development in the state ...

Whereas it normally takes an agency years to repeal a few rules, the Energy Department had taken 47 deregulatory actions by mid-May, axing rules governing appliances, motors and heating and power equipment—saving consumers and business $11 billion. ...

Mr. Biden is estimated to have added more than $2 trillion in regulatory burdens to the economy over his four years. ... the Trump deregulation effort is going to be as central to any economic revival. Inside Alaska, and out.

I hope that Ms. Strassel writes about the President's deregulatory moves in other areas:

• Making it easier to develop nuclear power (link)
• Deregulating supersonic flight (we should be flying to London in two hours) (link)
• Deregulating Financial Technology (Fin Tech) that will increase innovation in banking services. (link)

BOTTOM LINE:  Deregulation increases innovation which drives growth: real per capita income has doubled in the last 40 years.