Redoing the Statutory Scheme by Rule-Making

摘要

With a presidential election around the corner, regulation and deregulation are now major issues. According to Speaker John Boehner, regulation is a job killer. On the other hand, the private sector has added over 2.5 million jobs since June, 2009. It is the state and local governments, constrained by borrowing limitations and following the austerity path of Europe, which have been the big job killer. Public sector jobs have decreased by over 500,000 in the same period.