The costs of compliance with all these regulations lead(s) to higher consumer prices and reduced hiring.–Tom Reed
Do regulations prevent employers from hiring workers? Trump says so, Ryan says so, and Tom Reed says so, but none of them present any evidence. If it were true, one might expect the economy to have boomed after GWB rescinded regulations as fast as he could at the end of his term; instead the economy collapsed.
If Republicans really know of specific regulations that should be rescinded, one would think they would point them out. Or else, they could propose specific legislation. Instead they propose catch-all bills like the doomed REINS act.
Tom Reed may not believe his own story. He backed regulations limiting airline pilot hours at about the same time that he undermined regulations limiting grape haulers’ hours behind the wheel.
https://www.congress.gov/bill/114th-congress/house-bill/427
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