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Thread: Obama wants to shed job-killing regulation

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    Thumbs up Obama wants to shed job-killing regulation

    Given that the worst of these examples will probably be the EPA's recent move to impose Cap-and-Tax, we will have to see how serious he is about this (we've seen pretty words with no action out of him before)... but if he is, kudos to him.


    It seems the President is starting to learn that a left-wing approach is a bad way to try to run the economy.


    President Barack Obama Tuesday ordered a government-wide review of regulations with the goal of eliminating those that hurt job creation and make the U.S. economy less competitive.

    Obama took action after unveiling his plan in an op-ed piece in the Wall Street Journal in which he said some rules have placed "unreasonable burdens on business — burdens that have stifled innovation and have had a chilling effect on growth and jobs."..


    Obama has struck a more business-friendly tone since his Democrats lost the U.S. House of Representatives and saw their Senate majority reduced in November congressional elections widely seen as a verdict on his handling of the stumbling economy and persistently high unemployment...

    Business leaders say government regulations, including those being written for the healthcare and financial reform, have hurt job creation at a time of nearly double-digit unemployment.

    "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," Obama wrote.

    The president, noting that small businesses create most new jobs in the economy, also said he would direct the government to make a greater effort to reduce the burden regulations place on them...

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    Re: Obama wants to shed job-killing regulation

    The executive order marked Obama's latest move to repair relations with U.S. business, which were frayed amid bitter debate over his overhauls of Wall Street regulations and healthcare that some business leaders said would stymie corporate America.

    Obama has struck a more business-friendly tone since his Democrats lost the U.S. House of Representatives and saw their Senate majority reduced in November congressional elections widely seen as a verdict on his handling of the stumbling economy and persistently high unemployment.
    I find the above from the article ironic, seeing as how Obama bailed out the auto industry,continued the war in Afghanistan which helps mainly PMCs and defense contractors, and compromised on tax cuts for the wealthy/unemployment benefits.

    Just how more business friendly can you get?
    "And in the end, we were all just humans, drunk on the idea that love, only love, could heal our brokenness."

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