| Submit your comments on this article |
| Economy |
| Deregulation Now! |
| 2011-06-05 |
| h/t Instapundit TodayÂ’s much weaker than expected employment numbers show that the presidentÂ’s agenda of more regulation and increased spending has undoubtedly failed. However much money he throws at the problem, entrepreneurs are not going to start adding jobs to the economy while the burden of regulation is so high. Regulations cost the economy $1.75 trillion each year. It is regulation that is dragging us back to recession. And it is regulation that is the new elites principal source of income---so, good luck deregulating without a guillotine. |
| Posted by:g(r)omgoru |
| #3 And it is regulation that is the new elites principal source of income---so, good luck deregulating without a guillotine. Like I said a few days ago...no way back without spilling a drop or two. The guillotine is too easy for the treasonous scum. I have other ideas. |
| Posted by: Chavinter Hupavirong3890 2011-06-05 15:51 |
| #2 dragging us back to recession? We have been in recession since 2007. |
| Posted by: Anguper Hupomosing9418 2011-06-05 08:12 |
| #1 By far the largest drag on the US economy is the many trillions in bad debts run up as the housing bubble collapsed, and then the dollar depreciation caused by Quantitative Easing (designed to conceal the role the bad debts play). $1.75 trillion is peanuts compared to that. The federal gov't has always had regulations against insolvent banks, fraud and Ponzi schemes, which it has failed to enforce for many years, instead enforcing important things like the illicit rabbit trade and No Child Allowed to Excel. |
| Posted by: Anguper Hupomosing9418 2011-06-05 08:11 |