Posted on 04/25/2024 8:23:19 AM PDT by ChicagoConservative27
Breitbart economics editor John Carney said Thursday on Fox Business Network’s “Kudlow” that President Joe Biden is implementing regulations that were crushing the economy.
Carney said, “When you add on giant regulatory burdens onto the private sector what you end up doing is crushing the ability of businesses to grow, crushing the ability of businesses to hire people, crushing people to start new businesses. That is what happened under Obama when it was just 1/5 of what Biden has done. Biden this is just the track record so far, imagine what he will do when he is a lame duck president if he gets reelected, it will be four times what he has right now. Just this week they put on some regulations that the American action forum said they have never seen a week like this. They put on tailpipe emissions that cost something like $850 billion.”
He continued, “They put in new lamp regulations because they think our lights are too bright, using too much energy. So you better adjust your eyes so you can read in dim light. They can’t find a thing they don’t want to regulate, to have punitive regulations on the U.S. economy.”
(Excerpt) Read more at breitbart.com ...
Dow down 596 points now smoke trailing
I am very near sighted——I cannot see well in dim light.
I have 100 or 90 W bulbs everywhere.
Since I do Bookkeeping, it is pretty critical that I can SEE.
So much for Biden's market recovery.
Indeed the worst isn’t over yet October may be a wild ride.
“When you add on giant regulatory burdens onto the private sector what you end up doing is crushing the ability of businesses to grow, crushing the ability of businesses to hire people, crushing people to start new businesses.
https://cdn.mises.org/the_vampire_economy_20201022.pdf
Take the time to read it, you are living it.
Read one chapter of interest.
The historical question though is whether we go down without a fight. At least the South went valiantly with honor,
"When in the course of human events..."
Yes the feds print more money to shore things up.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.