Anthony Esposito and Tim Desher argue that the U.S. economy saw strong gains thanks to President Trump’s aggressive deregulation agenda, which they say boosted small businesses, expanded energy production, lowered gas prices, and acted as an indirect tax cut for Americans. They credit Trump with eliminating roughly 110 regulations for every new one added, easing burdens on industries like oil, housing, and construction.
Looking ahead, they predict the economy could “take off like a rocket” with Trump’s proposed “one big, beautiful bill,” which includes no tax on tips, overtime, or Social Security. However, they note that residents of high-tax blue states like California and New York may see smaller benefits because state governments haven’t aligned with federal tax changes.
The discussion also highlights frustration with blue-state fiscal mismanagement, population loss due to high taxes and regulations, and optimism around future Federal Reserve interest-rate cuts once Trump appoints a new Fed chair. Lower rates, combined with deregulation, are expected to help hiring, business investment, and eventually the housing market—though Esposito strongly criticizes the idea of 50-year mortgages as harmful to homeownership and equity building.
