President’s Assault on Regulation Rings Hollow

James Gattuso / February 07, 2011

Forget the War on Business. That’s so 2010. Say hello to the War on Regulation.

At least that’s the message coming from the White House. The administration’s regulatory offensive began Jan. 18 with an opinion piece by the president in the Wall Street Journal. The op-ed coincided with a new executive order which, the president wrote, not only ensures that regulators will consider the economic consequences of new rules, but also launched a 120-day government-wide review of regulations already on the books. The promised review even got a mention in the State of the Union address.

Sounds like good news for a beleaguered economy. But is this a real war on regulation or just a charm offensive? (more…)