Try this list of just one day’s moves by the largely-Democrat federal bureaucracy on new regulations for business. Great timing, right?
Hey, after eight years of the Republican Bush, one can imagine the tsunami that was building up in the regulators’ hearts and minds. It just had to come through.
“In his first three years in office Mr. Bush put into place 28 major regulations. Mr. Obama’s three years have seen 106 major regulations. In dollar terms the Bush regulations cost $8.1 billion and Obama’s $46 billion.”
With our economy-killing president, the wonder is that there’s been any recovery at all.
Meanwhile, economics author Amity Shlaes warns that double-digit inflation could be closer than Obamalot thinks:
“Bernanke talks about prices in one area — energy, for example — as different from those in the rest of the economy. The [1922] Germans, in their denial, thought their problem was limited to exchange rates, and that their domestic economy had hope. Risibly, Chancellor Joseph Wirth tried to tie down prices by regulating foreign currency. The equivalent, and equivalently risible, move today is the Ralph Nader effort to get the administration to push down oil prices.”
Via Instapundit and WSJ.
THE TEXAS SCRIBBLER 