Paul Meiners on Regulating Our Way to Prosperity

If
you’re wondering why the stock market has risen in recent months
despite uninspiring economic news, look no further than the Federal
Register. This massive volume, where all new regulations are
published, promises a bright economic future. Agencies are required
to conduct cost-benefit analysis for regulations estimated to cost
more than $100 million. Thankfully, there are hundreds such rules
underway, and they forecast tremendous growth for our sluggish
economy. In fact, writes Paul Meiner of the Property and
Environment Research Center, using estimates of the social cost of
carbon as divined by a panel of experts, government agencies widely
claim that regulations can be justified as economic stimulus. So,
sit back and relax knowing that growth is on its way.

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