Monday, November 19, 2012

Senator Denies Possibility that Regulations Could Cost Jobs

Encouraged by the recent election results, Senate Majority Leader Harry Reid (D-Nev) boasted that “the Republicans’ contention that excessive government regulation causes increased unemployment has been convincingly refuted by voters.” “Of course, the GOP’s arguments were ludicrous from the beginning,” Reid maintained. “If we pass new regulations the government has to hire more people to enforce them. That means more jobs. Companies have to hire more people to ensure they comply with the regulations. That means more jobs. The regulations are kind of like a scissors cutting into unemployment from both sides.” The possibility that more regulations could boost the...

Read more: http://www.freerepublic.com/focus/f-bloggers/2961200/posts

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