When U.S. Presidents leave office, the sudden shift to retirement is often difficult. Some find ways to make the most of it, reinventing their persona—as in the case of Jimmy Carter (though he does seem determined to undermine himself by meddling too much in foreign affairs).
Readers of tea leaves, tarot cards and goat entrails may be able to predict the future. But prognostication is a skill few journalists, politicians, diplomats, and intelligence officials have demonstrated consistently over time.
Last week, the president wrote in the Wall Street Journal an article titled "Toward a 21st-Century Regulatory System" in which he announced that he had issued an executive order to review all government regulations on a cost-benefit ratio basis.
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