Cross-posted from Legal Planet.
I’ve done several postings about the theory that regulatory uncertainty causes unemployment. I’m skeptical of the claim as a general matter, but if there’s any validity to it, one of the major causes of regulatory uncertainty is the Tea Party, along with other libertarians and opponents of regulation.
It’s not hard to see how the prospect of deregulation could cause businesses to delay investments and hiring:
In addition, defense contractors and others who sell to governments — companies that make fire trucks, or print school books, or build highways — have to be very nervous about new hiring and investments given the threat of budget cuts without any revenue increases.
In short, if regulatory uncertainty did turn out to be a major job killer, you’d have to assign some responsibility for unemployment to the Tea Party and other advocates of deregulation.
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Daniel Farber | October 3, 2011
Cross-posted from Legal Planet. I’ve done several postings about the theory that regulatory uncertainty causes unemployment. I’m skeptical of the claim as a general matter, but if there’s any validity to it, one of the major causes of regulatory uncertainty is the Tea Party, along with other libertarians and opponents of regulation. It’s not hard […]
Amy Sinden | September 29, 2011
This post was written by Member Scholar Amy Sinden and Policy Analyst Lena Pons. Last week, the National Automobile Dealers Association (NADA) sponsored a fly-in lobby day to support an amendment that would strip EPA of the authority to set greenhouse gas emission standards for passenger cars and light trucks for 2017-2025. The amendment, offered earlier […]
Matthew Freeman | September 28, 2011
Nothing attracts attacks in politics quite like a show of weakness. That’s obviously how energy industry lobbyists read President Obama’s recent retreat on ozone standards. So now that the Administration has demonstrated its willingness – you might even call it eagerness – to cave in on much needed environmental regulation, it’s no surprise that polluting industries […]
James Goodwin | September 27, 2011
Soon after assuming office in January 2009, President Obama promised that, in contrast to George W. Bush, science and law would be the two primary guiding stars for regulatory decision-making during his administration. From that perspective then, the finalized version of the EPA’s ozone standard should have been a no-brainer. After all, the standard was intended to […]
Amy Sinden | September 27, 2011
It all started Monday on the Daily Caller. The story claimed that the EPA, in planning regulations on greenhouses gasses, is “asking for taxpayers to shoulder the burden of up to 230,000 new bureaucrats — at a cost of $21 billion — to attempt to implement the rules.” The story spread like wild among many […]
Ben Somberg | September 26, 2011
Member Scholar Robert Adler had an op-ed in the Salt Lake Tribune over the weekend noting a new survey in Utah showing state residents valuing both a sound economy and a healthy environment as fundamental, co-equal requirements of their quality of life. The survey was part of a “Quality of Life Index” from the Utah […]
| September 26, 2011
In toxics regulation, environmental lawyers face an uphill battle when they challenge a risk assessment performed by a protector agency. Courts review the agency’s risk assessment under a deferential “arbitrary and capricious” standard, and courts are reluctant to second-guess an agency’s calculation of the risks of a pesticide or other chemicals. So it was a […]
Sidney A. Shapiro | September 23, 2011
Rep. John Dingell (D-Michigan) once remarked, “I’ll let you write the substance … you let me write the procedure, and I’ll screw you every time.” Legislation introduced yesterday in the Senate by Sens. Rob Portman (R-Ohio), Mark Pryor (D-Ark.), and Susan Collins (R-Maine) and in the House by Reps. Lamar Smith (R-Texas) and Collin Peterson (D-Minnesota) […]
Ben Somberg | September 22, 2011
Today the House is taking up debate on the “TRAIN Act”, a sweeping anti-regulatory bill that would serve to gum up the works at agencies that work to protect our health and the environment. The bill was bad to start with; then it became a true circus, with all sorts of regulation-blocking amendments being tacked […]