Massive regulatory costs hamper the current ‘recovery’

This chart is worth a thousand words:

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The regulatory costs of the first terms of President Clinton (1993-1996) and President George W. Bush (2001-2004) also occurred during economic recoveries, after recessions in 1991 and 2001, respectively. And, perhaps not coincidentally, those recoveries were far more robust, healthy, and, most importantly, returned far more jobless Americans to gainful employment and better lives than the current “recovery.”

Hat tip to The Weekly Standard blog for posting this chart. To see the full report from George Washington University, click here.

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