growth means less

Mike Bertelsen

, ,

President Obama has desired more economic regulation

Every time you regulate an industry into inefficiency you reduce the ability of the economy to grow and thus pay for the governmentally provided services you so desire. Stop regulating, stop protecting incumbents and you might get enough economic growth to pay for your desires.

That seems simple enough doesn't it? What's the problem? Regulation has grown too much, stopping job growth. The wrong item is growing. We are placing too much protection from creative disruption.

The Federal Reserve hasn't recognized this and are still searching for an explanation.
0 Responses to " growth means less "