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Larry Kudlow on Environment

 

 


EPA overreach has created substantial uncertainties

Substantial overregulation has continuously hobbled the recovery. The Dodd-Frank financial regulation has not solved Too Big to Fail, but it has contributed to an abnormally slow increase in C&I loans, particularly in the middle market. EPA overreach has created substantial uncertainties, as has the NLRB. Most of all, ObamaCare has thrown a wet blanket over the entire economy: Business hiring has been disappointing, even with rising profits. Part-time jobs are exploding. Full-time jobs are declining.
Source: National Review, "Recovery: 5 Years", by Lawrence Kudlow , Jul 15, 2014

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