On the recordDecember 14, 2011
It's an honor to follow my friend and colleague from California who's retiring at the end of the Congress, which is another year. Even though we disagree probably too many times to count, no one questions her passion and her commitment, and her moral consciousness of doing the right thing. So give me a chance to publicly state that, and I look forward to serving with you in the final year together. Mr. Speaker, I come to the floor to read a letter from a businessman in southwestern Illinois who is closing up the business. But even more timely than that was a Wall Street Journal editorial today. I mean, I was bringing the letter down anyway, so then I decided, looking at the Wall Street Journal editorial. And it's titled, ``Regulation For Dummies.'' The White House says its rulemaking isn't costly or unusual. The evidence shows otherwise. First paragraph. ``The White House is on the political offensive, and one of its chief claims is that it isn't the over-regulator of business and Republican lore. This line has been picked up by an impressionable columnist, so it's a good time to consider the evidence in some detail.'' So they go through the analysis. It ends up by saying the evidence is so overwhelming that the Obama regulatory surge is one reason the current economic recovery has been so lackluster by historical standards.…





