MONSTER MYTHBUSTER: GOP Trick Revealed!
Today, another GOP trick has been revealed. While Republicans claim regulations hurt jobs…:
As a key part of the GOP jobs plan, House Republicans are focused on eliminating excessive federal regulations that needlessly raise prices on consumers and put thousands of jobs at risk.
– Speaker John Boehner [10/25]
..Bruce Bartlett, economist and advisor to Presidents Ronald Reagan and George H.W. Bush, unmasked the GOP’s favorite talking point, saying that rolling back critical regulations that protect consumer safety and health will stimulate job creation is ‘just made up‘:
…”Republicans favor tax cuts for the wealthy and corporations, but these had no stimulative effect during the George W. Bush administration, and there is no reason to believe that more of them will have any today,” writes Bruce Bartlett. He’s an economist who worked for Republican congressmen and in the administrations of Presidents Ronald Reagan and George H.W. Bush.
As for the idea that cutting regulations will lead to significant job growth, Bartlett said in an interview, “It’s just nonsense. It’s just made up.”…
Bartlett, whose books on tax policy include “The Benefit and the Burden,” recently wrote in the New York Times: “People are increasingly concerned about unemployment, but Republicans have nothing to offer them.” [10/30]