The Republican narrative on the economic recovery — or, as some are calling it, the “uncovery — is simple: It’s not Europe, or deleveraging, or lack of consumer demand. It’s government. Businesses, Speaker John Boehner has said, have been “slammed by uncertainty from the constant threat of new taxes, out-of-control spending and unnecessary regulation.” It is, for conservatives, a convenient narrative, as it argues for deregulation, tax cuts and spending cuts — policies that they have supported all along. But is it true?
A new paper by Larry Mishel, president of the Economic Policy Institute, attempts to test the proposition.
via Regulations aren’t to blame for the ‘uncovery’ – The Washington Post.