GOP Targets Regulatory Burdens

What about that tired cliche from the GOP about regulatory burdens being lifted to "empower the private sector"....it's a dubious claim...as the WSJ survey says, the "lack of jobs is due mainly to a lack of sales"...here's info on that:

http://www.northcountrypublicradio.org/news/npr/140115604/in-jobs-debate-gop-targets-regulatory-burdens

Yet in a survey last month of 250 economists by the National Association for Business Economics, 4 out of 5 agreed that the current regulatory environment for American businesses was, in fact, good. In a July survey done by the Wall Street Journal in July, two-thirds of economists said the lack of jobs is due mainly to a lack of sales.

Paul Ashworth, the chief U.S. economist for Capital Economics in Toronto, was one of those surveyed.

"The weakness of the recovery, not just in consumption but across the whole economy — across whole areas of spending — is a big problem," he says. "And that's probably the key reason why firms are reluctant to be more aggressive in hiring workers."

Ashworth, who's considered one of the best forecasters of the U.S. economy, says he doubts rolling back regulations would lead to any dramatic turnaround in hiring. But that does not mean House Republicans won't try.