Editor’s Note: Any Analysis which considers the potential for regulations to create jobs need to distinguish between productive and unproductive work. An economy cannot be sustained by diverting scarce resources to “paper-pushing” and other unproductive, federally-mandated labor.
From: NYT
By JOHN M. BRODER
It is a rare day that you pick up a newspaper without encountering a reference to “job-killing regulations” from a pro-business Republican complaining about the burden of a new rule from the Environmental Protection Agency or other government office. Sometimes large and scary job loss numbers are attached to the assertion and attributed to a study, most often financed by the affected industry.