This order requires that federal agencies ensure that regulations protect our safety, health and environment while promoting economic growth. And it orders a government-wide review of the rules already on the books to remove outdated regulations that stifle job creation and make our economy less competitive. It's a review that will help bring order to regulations that have become a patchwork of overlapping rules, the result of tinkering by administrations and legislators of both parties and the influence of special interests in Washington over decades.Eight months later, it seems that there aren't any of these. Boy, that's good news. I was worried that red tape might be hurting us. Glad that's all cleared up!
Sunday, August 28, 2011
So which governmental regulations stifle job creation?
It's a trick question: no governmental regulations stifle job creation. Remember in January when the President signed an Executive Order that all agencies identify outdated or onerous regulations that are holding back the economy?
The first thought I had when reading the title of this post was, "All of them!"
ReplyDeleteAmen.
ReplyDeleteI'm trying to work up enough ambition to write something about my job-creation plan. We would begin by scanning all Federal Register editions back to about 1950 and junk every tenth regulation. Period.
I second Rev. Paul.
ReplyDeleteIf you want to stimulate the economy, start by scrapping every Federal regulation promulgated since January 20, 1993.
ReplyDeleteRegulations put in place since that date are the primary reason the United States primary export has been jobs, beginning in 1994.
A staggering 52 million manufacturing and support jobs as of the first of the year and more now.
An economy cannot thrive when the only jobs are picking up scrap metal, flipping burgers, and trying to sell insurance polices to people with no jobs.
Stranger
Eight months later, it seems that there aren't any of these.
ReplyDeleteI hope you didn't really expect any other result.