It’s become a mantra on Capitol Hill and a rallying cry for industry groups: Get rid of the job-killing regulations. In recent days, with nearly every one of the GOP presidential [1] candidates [2] repeating [3] that [4] refrain [5], the political echo chamber has grown even louder. Earlier this month, President Obama also asked the Environmental Protection Agency to back off more stringent ozone regulations, citing the "importance of reducing regulatory burdens [6]" during trying economic times.
But is the claim that regulation kills jobs true?
We asked experts, and most told us that while there is relatively little scholarship on the issue, the evidence so far is that the overall effect on jobs is minimal. Regulations do destroy some jobs, but they also create others. Mostly, they just shift jobs within the economy.
“The effects on jobs are negligible. They’re not job-creating or job-destroying on average,” said Richard Morgenstern, who served in the EPA from the Reagan to Clinton years and is now at Resources for the Future, a nonpartisan think tank.
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Regulations do kill jobs somewhat,but they are necessary.If incoming technology could be regulated,I for one would'nt complain.Kiosks,for example in one form or another are everywhere.It seems that businesses and government agencies use technology to eliminate jobs every chance they get.
ReplyDeleteNot sure why the author wasted his/her time on this piece, when the idiot idealogues have all placed their bets on the polticial talking points and won't let any of the facts bring them back to reality.
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