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Former GE Chairman Jack Welch: Pointless regulations are crushing the recovery
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Tuesday, January 10, 2012
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From Newsmax:

The U.S. economic recovery is moving along, but could do so a lot quicker if Washington weren't slapping needless regulations on progress, says Jack Welch, author and former General Electric chairman.

Revenues are up, debts are falling, and unemployment rates are down.

But there's the government, with its needless and politically-charged regulations... such as a provision in the Americans With Disabilities Act, requiring government contracts to meet a 7% quota for disabled workers on their payrolls, Welch says.

That regulation is just one of many hampering...

Read full article...

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Topics: Economy | Government_Stupidity | Boondoggle
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