The Coming Regulatory Tsunami | Richard W. Rahn | Cato Institute: Commentary

The Coming Regulatory Tsunami | Richard W. Rahn | Cato Institute: Commentary: "During the 13 quarters after the bottom of the recession Reagan inherited, the economy grew at an average annual rate of 5.7 percent. In the 13 quarters since the bottom of the recession Mr. Obama inherited, the economy has grown at just an average rate of 2.2 percent, or just a little more than a third of the Reagan recovery. Could it be that their different attitudes and actions toward regulatory burdens had anything to do with this difference in performance?"