Regulations and Rhetoric By Tony Blankley
Last week, the president wrote in the Wall Street Journal an article titled "Toward a 21st-Century Regulatory System" in which he announced that he had issued an executive order to review all government regulations on a cost-benefit ratio basis. In itself, this is a good idea, although the president makes it explicit that the cost-benefit analysis must take account of -- as benefits -- intangible factors such as "equity, human dignity, fairness, and distributive impacts." Plenty of leeway there for career regulators and liberal political appointees to justify almost any oppressive regulation they may stumble over.
