DYSPEPSIA GENERATION

We have seen the future, and it sucks.

Think of All the Jobs We’re Creating in Regulatory Compliance!

20th February 2012

Walter Olson points out that most of the jobs government creates are pure waste.

Not long ago I took note in this space of how some people conceive of government regulation as a way to create jobs among lawyers, fillers-out of paperwork forms, installers of state-mandated equipment, and so forth. In case you thought I was exaggerating, here’s a new Business Week article arguing in all earnestness that “Regulations Create Jobs, Too.” Given the wounded state of the U.S. economy since the 2008 crash, it laments, “government rules have become politically toxic.” But never fear: “The Obama Administration, girding for election-year attacks on its record, is trying to highlight the upside of government rules.”

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