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Originally posted by here4awhile
The report shows that number of staff employed on regulatory matters is expected to increase at a rate of about 10,000 new regulatory employees per year in 2011 and 2012.
Looking at broad functions, the authors note that economic regulation is taking up a larger slice of the regulatory budget for the first time since the 1960s.
Media cheerleading aside, the 0.1 percentage point dip in U.S. unemployment in February means the country's jobless rate is a mere 0.5 percent less than it was two years ago.
By contrast, unemployment in the first two years of Ronald Reagan's term dropped a full 3 percentage points.
The difference is highlighted by the radically different philosophies of the two presidents.
Reagan downsized government, lowered taxes and freed up capital for the private sector to create jobs.
Obama is pursuing the opposite course, and the stagnant job reports illustrate the result.
Originally posted by AeonStorm
reply to post by tothetenthpower
I completely agree. I don't think that such a thing will happen without an extreme revolution. It's almost to the point where I can see a civil war on the horizon to try to bring about the change that is necessary to turn things around.