January 18, 2011
CORPORATIST IN CHIEF:
Obama Launches Rule Review, Pledging to Spur Jobs, Growth (ELIZABETH WILLIAMSON, 1/18/11, WSJ)
President Barack Obama plans a government-wide review of federal regulations, aiming to eliminate rules that stymie economic growth.In an article published in the opinion pages of The Wall Street Journal, Mr. Obama said he intends to issue an executive order initiating a review to "make sure we avoid excessive, inconsistent and redundant regulation," focusing on rules that "stifle job creation and make our economy less competitive." He also suggested future regulations must do their job "while promoting economic growth."
The move is the latest effort by the White House to repair relations with corporate America, hoping to spur investment by the nation's largest multinationals and reduce unemployment.
A regulatory regime aimed at ingratiating your administration with big business can't also regulate. Posted by Orrin Judd at January 18, 2011 5:09 PM
