On the recordDecember 7, 2011
I thank the ranking member. Mr. Chairman, I rise this afternoon, as I frequently do in this Chamber, a little incredulous at what it is that I'm hearing. I'm hearing stories about east Texas. I'm hearing about lattes, and I'm hearing that the number one reason American businesses are not hiring is because of regulations. It's baloney. There's not a fact in there. Here's some facts. I wish I had more time to get into these facts. The Bureau of Labor Statistics, which studies this stuff, asked businesses that have been laying people off, why? Regulations was a negligible answer. I would love to talk about Bruce Bartlett, financial adviser to President Reagan, Republican, who said that the notion that regulation is why this economy is on its back was just plain made up. If I had more time, I would like to talk about our former colleague, Sherwood Boehlert of New York, who said the House is moving forward with bills that would cripple the regulatory system, but they show how far a party enthralled by its right-most wing is willing to veer from what has long been the mainstream. I've got deep problems with this crazy idea that we should have Congress sign off on every regulation. But my biggest problem, Mr. Chairman, is that we're standing here today talking about this. I hear endlessly about the uncertainty associated with these regulations. Mr. Chairman, I was shocked to look at my schedule tomorrow to see that the Republican majority is sending me home.…





