By Isaac Shapiro, Economic Policy Institute. September 6, 2011.
The House Republican majority has spent much of the last year, and will likely spend much of the fall, criticizing what it considers job-killing, uncertainty-generating regulations, and holding fast to the belief that deficit reduction should not include increased taxes. In contrast, the nation’s business economists overwhelmingly think the current regulatory environment is good for the economy, dismiss the possibility that government-caused uncertainty is a major factor holding the economy back, and believe deficit-reduction should include tax hikes.
Seems these days, there are a zillion Big Business leaders, their puppets in Congress and legions of corporate cheerleaders crying wolf over the regulations that keep you, me and our fellow countrymen safe from unchecked corporate greed. The latest example of this is a study by the Edison Electric Institute (EEI), the largest trade association representing the electric utility industry, which concluded that the looming Environmental Protection Agency rules for power plants will create an economic “train wreck.”
The Great Regulation Charade
By Kevin Drum. Originally published in Mother Jones, September 20, 2011.
So how about that crushing regulatory burden that our business-hating president has imposed on the American economy? Well, not so much, actually:
Read MoreBusiness economists differ from House orthodoxy on regulation, uncertainty, and tax hikes
By Isaac Shapiro, Economic Policy Institute. September 6, 2011.
The House Republican majority has spent much of the last year, and will likely spend much of the fall, criticizing what it considers job-killing, uncertainty-generating regulations, and holding fast to the belief that deficit reduction should not include increased taxes. In contrast, the nation’s business economists overwhelmingly think the current regulatory environment is good for the economy, dismiss the possibility that government-caused uncertainty is a major factor holding the economy back, and believe deficit-reduction should include tax hikes.
Read MoreClaims of EPA "Train Wreck" Derailed
By Rich Robinson, Citizen Vox
August 26, 2011
Seems these days, there are a zillion Big Business leaders, their puppets in Congress and legions of corporate cheerleaders crying wolf over the regulations that keep you, me and our fellow countrymen safe from unchecked corporate greed. The latest example of this is a study by the Edison Electric Institute (EEI), the largest trade association representing the electric utility industry, which concluded that the looming Environmental Protection Agency rules for power plants will create an economic “train wreck.”
Read More