It's embarrassing that Pres. Obama is the one who's calling for deregulation of the business environment in which we've toiled lo, these many years.....
From CNBC -- 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."
Where are the new small-government republicans on this? With jobs having been front and center of the American psyche for like 3 years, it's shameful that a quasi-socialist President is calling for regulatory reform and not the republicans. I"ll believe it when I see it, but I"ll applaud Chairman Zero if this turns into an actual relaxing of the onerous regulations that stifle growth and tamp down entrepreneurship in the business world. To help out the President, House republicans should have at the ready a laundry list of idiotic federal regulations that should be reviewed and tossed out. Republicans aren't known for their political daftness so I doubt they saw this coming and were as surprised as I was.