President Donald Trump uses a pair of golden scissors to cut red tape tied between two stacks of papers, representing the government regulations of the 1960s (L) and the regulations of today (R), in the Roosevelt Room of the White House on Dec. 14, 2017. Saul Loeb/AFP/Getty Images
Stephen Moore is a senior fellow at the Heritage Foundation, chief economist at FreedomWorks, and co-founder of the Committee to Unleash Prosperity. He served as a senior economic adviser to Donald Trump. His latest book is “Govzilla: How the Relentless Growth of Government Is Impoverishing America.”