While U.S. businesses-and often, families-are smothering under a heavy burden of government regulations, President Barack Obama's White House has issued what amounts to an insult to our intelligence on the subject.
After months of study, a White House task force has recommended about 500 so-called "reforms" in regulations. If implemented, they will save U.S. businesses as much as $10 billion during the next five years, the administration boasts.
Two billion dollars a year?
That is virtually nothing in the context of unnecessary regulations that cost the economy hundreds of billions of dollars a year. And, as the Obama administration prepares new regulations, such as those aimed at wrecking the coal industry and costing consumers hundreds of billions of dollars, the plan is an absolute insult.
Part of the plan calls for the Department of Defense to accelerate payments of money it owes to 60,000 small businesses. How is that "reform"?
Here in the private sector, it's called paying your bills on time.
Last week's "reform" announcement by the White House was no more than another dog-and-pony show intended to score public relations points.
But Americans are sick of hoping for real change from an administration that clearly is more interested in big government than reform.