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Old 02-13-2013, 08:33 AM
 
Location: Holly Springs, NC USA
3,457 posts, read 4,648,559 times
Reputation: 1907

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The Path To Job Creation Runs Through Regulatory Reform - Forbes

"Even worse, regulations quite simply don’t work. If this is doubted, consider the banking sector. Though regulators from the Federal Reserve, Comptroller of the Currency, the SEC and myriad state and city agencies are all charged with overseeing banks, all were caught completely flat-footed by the troubles that hit the finance industry like a sledgehammer in 2008."
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Old 02-13-2013, 10:18 AM
 
Location: Midwest
25 posts, read 19,611 times
Reputation: 21
Correct.
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Old 02-13-2013, 10:20 AM
 
Location: USA - midwest
5,944 posts, read 5,578,326 times
Reputation: 2606
Lightbulb Taxes & Regulations - Inhibit Job Growth

Tax cuts and deregulation led to the 2008 meltdown and record deficits.

Suppose that had any effect on job growth?
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Old 02-13-2013, 10:54 AM
 
Location: Holly Springs, NC USA
3,457 posts, read 4,648,559 times
Reputation: 1907
Quote:
Originally Posted by wade52 View Post
Tax cuts and deregulation led to the 2008 meltdown and record deficits.

Suppose that had any effect on job growth?
No, lack of enforcement of regulations and spending led to the record deficits. Tax cuts increased revenues. Just look at the CBO and the publicly available records to see that revenues INCREASED. So it is very obvious as the article pointed out that regulation inhibit and were not enforced.
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