Henry I. Miller 1/30/2013
President Obama and his minions seem to think that freedom is a four-letter word. His administration has imposed an array of intrusive, nanny-state, financial, environmental and consumer-product regulations that will cost Americans hundreds of billions of dollars.
Public policy has consequences, and excessive, unwise regulation has contributed to a potentially catastrophic slowing of the nation’s economic growth. The Philadelphia Federal Reserve Bank’s survey of 39 economic forecasters released in November predicted that over the first three quarters of 2013, GDP growth will average 2.1% and will rise only to 2.9% in 2015. They predicted that unemployment will average 7.8% this year and drop to a still unacceptable 6.9% by 2015. To Read More…..