Can You Believe President Obama is Asking Business about Regulations?

By January 19, 2011Regulations

From President Obama’s Wall Street Journal op-ed, “Toward a 21st-Century Regulatory System“:

As the executive order I am signing makes clear, we are seeking more affordable, less intrusive means to achieve the same ends—giving careful consideration to benefits and costs. This means writing rules with more input from experts, businesses and ordinary citizens.

Why, why, even lobbyists might be able to comment. Outrageous!

OMB Director Jack Lew doubles down on the President’s message, writing in a blog post:

[We] need to follow a smarter, more effective approach to regulating to ensure that these necessary protections work without stifling America’s growth and competitiveness. We believe that it is particularly critical now, as our economy continues to recover and create new jobs, that our regulatory strategy be as evidence-based, predictable, cost-effective, and carefully targeted as possible to enable American businesses to continue to grow and innovate.

Just turning the Administration’s regulatory process over to Big Business. It’s unconscionable.

Earlier coverage…

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