Summary
President Obama's latest plan to create jobs by spending government money appears dead on arrival on Capitol Hill as the administration struggles to gain the support of Democratic lawmakers, let alone Republicans. But the White House is trying a different method to use government-directed spending to supposedly create jobs. By tightening current regulations and writing new ones, says the administration, businesses will be forced to spend more money to comply with the new rules, which, in turn, will create jobs and spark economic growth.
This idea has emerged just as Congress and the courts have begun pushing back against costly regulations of questionable merit that the Environmental Protection Agency (EPA) and its regulatory brethren have issued.See the full content of this document
Extract
Is Fanciful
Even EPA has retreated somewhat, announcing this week that it would save farmers from potentially onerous "farm dust" regulations, and earlier this month it made an effort to lessen the bur...
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