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    Poor Sales or Economic Uncertainty Preventing Stronger Recovery?

    Various organizations and media outlets have attempted to refute the notion that government policy is creating uncertainty and hindering economic growth. However, when properly analyzed, the uncertainty argument is a legitimate one. Critics of the uncertainty narrative say that businesses cite poor sales – or lack of demand – not … More

    Obama Confirms Fears About New Financial Regulator

    The newly created Consumer Financial Protection Bureau (CFPB) took a step forward today to getting its first director, as the Senate Banking Committee voted 12–10 to confirm Richard Cordray in the post. Even before the vote, however, President Obama raised the stakes. Referring to Bank of America’s decision to impose … More

    Tales of the Red Tape #21: USDA's Affirmative Action for Vegetables

    First they came for the donuts, and few dared to defend partially hydrogenated vegetable oil. Then they came for the soft drinks, declaring high-fructose corn syrup verboten. Now they’re after lima beans, peas, and corn, moving us ever closer to a national diet of tofu and kale. “They,” in this … More

    Look Before You Regulate: Measuring the Costs of Financial Rules

    You would think that any regulation that could affect a major part of the economy and cost industry and/or consumers millions of dollars to comply with would be based on rigorous and consistent economic analysis. After all, how else would regulators know the actual effect of their proposals and whether … More

    Tales of the Red Tape #20: The Outer Limits of Regulation

    The Obama Administration has issued a record number of costly rules and regulations compared to its predecessors. But one set of new guidelines, in particular, takes government authority to new heights. The moon, actually. NASA has instituted “no-fly zones” and other limits on lunar liberty to ensure that future “space-faring … More

    EPA's Tighter Ozone Standards Will Strangle Economic Recovery

    A few weeks ago, the President asked Environmental Protection Agency (EPA) Administrator Lisa Jackson to withdraw the agency’s draft for more stringent Ozone National Ambient Air Quality Standards (NAAQS). Although Jackson begrudgingly complied, the EPA is still moving to an ozone standard more stringent than the current one. The current … More

    House Set to Rebuke NLRB for Meddling in Boeing's Expansion Plan

    The House of Representatives is poised to pass legislation today that prohibits the National Labor Relations Board from interfering in the business decisions of U.S. companies. The bill would effectively end the NLRB’s complaint against Boeing’s expansion plans in South Carolina. Boeing came under attack from the NLRB in April … More

    Texas Coal Company Announces 500 Layoffs, Sues to Block EPA Regulation

    It was sadly ironic that Texas energy company Luminant announced it would lay off 500 employees on the same morning that President Obama unveiled legislation designed to promote job growth. The company said that a new rule from the Environmental Protection Agency will force it to cease operations at two … More

    Business Leaders to Join Boehner at Obama's Jobs Speech

    House Speaker John Boehner (R-OH) is looking to make a point with his invitee list at the president’s address to the joint session of Congress on Thursday evening. He will be hosting 12 individuals of various private ventures in an effort to drive home the importance of the private sector … More

    Morning Bell: Four Ways Obama Has Blocked Job Growth

    Wonder who’s to blame for today’s stagnant economy? Look no further than 1600 Pennsylvania Avenue to see where the buck ought to stop. Though President Barack Obama constantly points fingers at others for America’s economic woes, his policies are to blame for preventing the U.S. economy from getting back on … More