Regulation Disorientation

This article was published in The Economist a few weeks ago. It is a very solid critique of our current, governmental regulatory regime. Bottom line? It's a mess.

I find it ironic that The Economist this, having acted as very outspoken proponents of President Obama, his health care plan, and initiatives like Cap and Trade. A little buyer's remorse?

I have long held that the regulatory morass is a major reason behind the sluggishness of our economic recovery. Even if the economy improves by the November election, it will have less to do with the president's policies and more to do with the innovation endemic in our economic engine.

In fairness, the bad regulation is nothing new, and not unique to either party, but the buck stops at the top.