A balanced regulatory approach
Like last week’s column, today’s offering is less for message-makers and more for truth seekers (to put it too grandly). Both pieces speak to Republicans’ vacuous prescriptions for our economy, which rest on two principles: less spending and less regulation.
Earlier I argued that while Republicans are right to say we have a spending problem (though disingenuous about its origins), it has not negatively affected our economic growth, and GOPers are dead wrong in contending we don’t have a revenue problem.
The second leg of their inherently unstable economic stool rests on the myth of over-regulation.
Acting on this analysis, last week House Republicans acted to prevent implementation of food-safety inspections that were part of a regulatory overhaul.
Speaking in another context Sunday, Senate Minority Leader Mitch McConnell (R-Ky.) told Bob Schieffer, “If you talk to business people