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Cantor: Right on Big Government Regulation, Wrong on the Solution

We are regularly critical of the House Republican leadership for failing to stand for conservative principles.  Even with a large majority built upon the Tea Party wave of 2010, the urge to make a deal with Democrats and allow government to grow has been almost impossible for them to overcome.

But every so often they get it right… or at least partly right.

Eric CantorHouse majority leader Eric Cantor recently got it right when he said, “The overwhelming onslaught of rules and regulations coming from Washington is making it nearly impossible to start or stay in business, let alone grow, succeed, and create jobs.”

Of course, President Obama and the Democrats would disagree with that, given their belief that if you have a business, “you didn’t build that” -- someone else built it for you.

Cantor went on to say that, “Since the president took office, his administration has had under review more than 400 regulations that cost the economy $100 million or more. According to the Small Business Administration, small businesses are facing annual regulatory costs of up to $10,000 per employee.”

Cantor also cited a number of examples of how regulatory overreach hurts employment, but perhaps the most useful comment came from a private sector environmental expert whom Cantor quoted as saying, “The current wave of regulations is unsustainable. Living with such an uncertain regulatory environment not only costs current jobs, but also prevents new jobs from being created.”

The current wave of regulation IS unsustainable and everyone in the private sector knows it. But, federal regulation of business, particularly manufacturing, has been unsustainable for a long time -- it has just gotten to the tipping point under President Obama.

Cantor’s proposed solution is the “Red Tape Reduction and Small Business Job Creation Act,” which would begin to roll back unnecessary red tape, give businesses of all sizes more regulatory certainty and thus a better environment in which to grow and create jobs.

But here’s the kicker: to end the ongoing overreach, the legislation would freeze costly new regulations until national unemployment drops to 6 percent or lower.

In other words, what Congressman Cantor is saying is Republicans are willing to institutionalize the damage Obama and the Democrats have already done to the economy by "freezing" existing regulations in place.

This reveals the “Red Tape Reduction and Small Business Job Creation Act” to be little more than a political ploy to make it look like Republicans are actually doing something about Obama’s disastrous regulatory overreach, while sparing them the bad press they would get from the liberal media if they actually voted to repeal or eliminate any of Obama’s job-killing regulations.

As is all too often the case, the problem with the House Republicans is not their analysis of the damage regulatory overreach has done to the business climate; it is their commitment to actually do something about it. 

If Majority Leader Cantor is serious about undoing the damage Obama has done to the economy -- and creating a growth-oriented business climate here in America -- he should schedule a vote to de-fund the implementation of a job-killing Obama regulation every day or two, and then defy Obama and the Senate Democrats to try to restore the money.

This would help Republicans politically, and have the salutary effect of actually doing something to get rid of some of the burdensome regulations that even the Democrats would be unwilling to defend.

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Cantor

Boehner, McConnell and Cantor are not (intent on) doing ANYTHING that is constitutional.  They need to be relieved of their office this next election.  Rhetoric without follow-up action by them means nothing (except, perhaps, behind the scenes collusion with the left).  They have not proven their devotion to constitutional principles.  I find temerity in their pronouncements and deeds.