Regulation Nation
“Regulations do have costs; often, as a country, we have to make tough decisions about whether those costs are necessary.”
—President Obama, Wall Street Journal op-ed, January 18, 2011
Federal red tape up, private sector job growth down
Contrary to Democrats’ talking point that the weak economic recovery is due to the unique nature of the financial crisis that caused the recession, new economic research is reaching different conclusions.
- As Stanford University economist John Taylor argues, “economic policy is holding the economy back, and I think recent research [on increased regulations] and [on policy uncertainty] supports this view.”
Professor Taylor used the following graph in his recent blog post making the point.
House Republicans have a Plan for America’s Job Creators—it’s time for the President and Senate Democrats to stop blocking our bipartisan jobs bills. More info in the “Win the Debate” kit—“Cutting Red Tape to Create Jobs”—can be found here.
For additional information, contact:
The House Republican Conference Policy Office
