Re: Uchitelle on jobless recovery

[Jurriaan Bendien <bendien@xxxxxxxxxxxx>]

 >Regulation is not popular in America. But it could regain its popularity,
if the alternative is a continual loss of jobs in every
 state.

Even so, the Bush administration has in reality regulated a lot. As
mentioned in a previous PEN-L post, regulations governing US business
reached an all-time high in 2002, according to the Cato Institute; more than
75,600 pages were recorded in the official Federal Register in the second
year of President George Bush's administration, up from 69,591 pages in
Bush's first year. The cost to consumers and businesses of regulation in
2002 was estimated at $860bn.

The real question is what prospects there are for a new round of
protectionist policies.

J.






>
> Jim Devine jdevine@xxxxxxx &  http://bellarmine.lmu.edu/~jdevine
>
>