h/t Instapundit
TodayÂ’s much weaker than expected employment numbers show that the presidentÂ’s agenda of more regulation and increased spending has undoubtedly failed. However much money he throws at the problem, entrepreneurs are not going to start adding jobs to the economy while the burden of regulation is so high. Regulations cost the economy $1.75 trillion each year. It is regulation that is dragging us back to recession.
And it is regulation that is the new elites principal source of income---so, good luck deregulating without a guillotine.
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