IAIN MURRAY: Deregulation Now!

Regulations cost the economy $1.75 trillion each year. It is regulation that is dragging us back to recession.

The president should instantly upbraid his cabinet members and agency heads for the derisory responses to his call for deregulatory efforts, which will barely scratch the surface of the problem. He should demand total regulatory relief to the tune of at least $500 billion a year, and make it clear that it’s just a start. His agency heads have so far found a sum two orders of magnitude smaller than that, a clear sign that they don’t understand what’s wrong with the economy.

Send ’em a copy of this piece by Steve Carter.